Is Agawam Town, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Agawam Town has remained a Seller's Market.
Housing Prices in Agawam Town, MA
How much do homes in Agawam Town, MA cost?
Median Sold Price
$323,333
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Agawam Town was $323,333 in April 2024, up 8.9% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $124K | $179.7K | +45.0% |
2 Bedrooms | $243K | $250K | +2.9% |
3 Bedrooms | $315K | $331.4K | +5.2% |
4 Bedrooms | $348K | $420.5K | +20.8% |
5+ Bedrooms | $415K | $437.4K | +5.4% |
Summary: Agawam Town housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Cities
Agawam | $270K | $301K | +11.5% |
Agawam Town | $297K | $323.3K | +8.9% |
West Springfield Town | $300K | $310K | +3.3% |
West Springfield | $300K | $310K | +3.3% |
Feeding Hills | $345K | $350K | +1.4% |
Housing Supply in Agawam Town, MA
How many homes are available in Agawam Town, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
62 | 65 | +4.8% |
Summary: The Agawam Town real estate market had 65 homes for sale in April 2024, a 4.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 19 | 20 | +5.3% |
3 Bedrooms | 27 | 32 | +18.5% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 6 | 2 | -66.7% |
Summary: The Agawam Town housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 20 | -4.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Agawam Town in April 2024, down by 4.8% month-over-month. Of the 20 sold homes, 25% were sold under asking, 10% were sold at asking, and 65% were sold over asking.
Days on Market for Agawam Town, MA
How long does it take to sell a home in Agawam Town, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 39 Days | +58.5% |
Summary: Homes in Agawam Town had an average of 39 days on market in Apr 2024, up by 58.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in Agawam Town; 50% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.