Is Hatfield, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Hatfield was a Neutral Market.
Key Takeaway
Hatfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hatfield, MA
How much do homes in Hatfield, MA cost?
Median Sold Price
$449,000
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hatfield have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Hatfield was $449,000 in May 2024, up 8.8% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $535K | N/A |
| 2 Bedrooms | $275K | $380K | +38.2% |
| 3 Bedrooms | $530K | $479K | -9.6% |
| 4 Bedrooms | $475K | $795K | +67.4% |
| 5+ Bedrooms | $356K | $335K | -5.9% |
Summary: Hatfield 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 38.2%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes increased by 67.4%, and 5+ bedroom homes decreased by 5.9%.
Median Sold Price Compared To Nearby Cities
| Hatfield | $412.5K | $449K | +8.8% |
| Hadley | $557.4K | $564.1K | +1.2% |
Housing Supply in Hatfield, MA
How many homes are available in Hatfield, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 14 | +100.0% |
Summary: The Hatfield real estate market had 14 homes for sale in May 2024, a 100.0% 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 | 2 | 0.0% |
| 3 Bedrooms | 4 | 9 | +125.0% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hatfield 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 remained the same, 3 bedroom homes increased by 125%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hatfield, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Hatfield in May 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Hatfield, MA
How long does it take to sell a home in Hatfield, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 7 Days | 43 Days | +514.3% |
Summary: Homes in Hatfield had an average of 43 days on market in May 2024, up by 514.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hatfield are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Hatfield; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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