Is Plainville, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Plainville has remained a Seller's Market.
Key Takeaway
Plainville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Plainville, MA
How much do homes in Plainville, MA cost?
Median Sold Price
$500,000
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Plainville have sold for 4.2% less than they did a year ago.
Summary: The median home sold price in Plainville was $500,000 in May 2024, down 4.2% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $400K | $413K | +3.3% |
| 3 Bedrooms | $480K | $474K | -1.3% |
| 4 Bedrooms | $725K | $823.1K | +13.5% |
| 5+ Bedrooms | $585.5K | $622.5K | +6.3% |
Summary: Plainville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.3%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 6.3%.
Median Sold Price Compared To Nearby Cities
| Foxboro | $600K | $667.5K | +11.3% |
| Wrentham | $625K | $689.9K | +10.4% |
| North Attleborough | $500K | $550K | +10.0% |
| North Attleboro | $505K | $550K | +8.9% |
| Plainville | $522K | $500K | -4.2% |
Housing Supply in Plainville, MA
How many homes are available in Plainville, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 19 | +35.7% |
Summary: The Plainville real estate market had 19 homes for sale in May 2024, a 35.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 1 | 4 | +300.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Plainville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 300%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Plainville, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Plainville in May 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for Plainville, MA
How long does it take to sell a home in Plainville, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 11 Days | 16 Days | +46.1% |
Summary: Homes in Plainville had an average of 16 days on market in May 2024, up by 46.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Plainville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Plainville; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
