Is Walpole, 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, Walpole has remained a Seller's Market.
Key Takeaway
Walpole is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Walpole, MA
How much do homes in Walpole, MA cost?
Median Sold Price
$680,000
$364/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Walpole have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Walpole was $680,000 in May 2024, up 3.8% from last year, and the median price per square foot was $364.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $466.9K | $495K | +6.0% |
| 2 Bedrooms | $515K | $585K | +13.6% |
| 3 Bedrooms | $590K | $653K | +10.7% |
| 4 Bedrooms | $800K | $880K | +10.0% |
| 5+ Bedrooms | $960K | $1.1M | +15.4% |
Summary: Walpole housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 15.4%.
Housing Supply in Walpole, MA
How many homes are available in Walpole, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 52 | 61 | +17.3% |
Summary: The Walpole real estate market had 61 homes for sale in May 2024, a 17.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 21 | 28 | +33.3% |
| 4 Bedrooms | 15 | 17 | +13.3% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Walpole 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 decreased by 14.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 18 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walpole, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Walpole in May 2024, up by 100.0% month-over-month. Of the 18 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% were sold over asking.
Days on Market for Walpole, MA
How long does it take to sell a home in Walpole, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 13 Days | 21 Days | +57.3% |
Summary: Homes in Walpole had an average of 21 days on market in May 2024, up by 57.3% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Walpole are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 18 homes were sold in Walpole; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
