Is Winchendon, 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, Winchendon has remained a Seller's Market.
Key Takeaway
Winchendon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Winchendon, MA
How much do homes in Winchendon, MA cost?
Median Sold Price
$379,900
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Winchendon have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in Winchendon was $379,900 in May 2024, up 8.5% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $242K | $175K | -27.7% |
| 2 Bedrooms | $246K | $311K | +26.4% |
| 3 Bedrooms | $350K | $395K | +12.9% |
| 4 Bedrooms | $395K | $372.5K | -5.7% |
| 5+ Bedrooms | $351.9K | $355K | +0.9% |
Summary: Winchendon housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.7%, 2 bedroom homes increased by 26.4%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 0.9%.
Median Sold Price Compared To Nearby Cities
| Gardner | $310K | $364.2K | +17.5% |
| Winchendon | $350K | $379.9K | +8.5% |
| Rindge | $475K | $432.5K | -8.9% |
Housing Supply in Winchendon, MA
How many homes are available in Winchendon, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 34 | +13.3% |
Summary: The Winchendon real estate market had 34 homes for sale in May 2024, a 13.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 12 | 16 | +33.3% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Winchendon 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 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Winchendon, you could pay more than the asking price. 81.8% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Winchendon in May 2024, up by 37.5% month-over-month. Of the 11 sold homes, 9% were sold under asking, 9% were sold at asking, and 82% were sold over asking.
Days on Market for Winchendon, MA
How long does it take to sell a home in Winchendon, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 40 Days | 28 Days | -30.4% |
Summary: Homes in Winchendon had an average of 28 days on market in May 2024, down by 30.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Winchendon are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 11 homes were sold in Winchendon; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
