Is Nahant, 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, Nahant has remained a Buyer's Market.
Housing Prices in Nahant, MA
How much do homes in Nahant, MA cost?
Median Sold Price
$1,024,500
$471/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Nahant was $1,024,500 in May 2024, up 21.2% from last year, and the median price per square foot was $471.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $479K | $405K | -15.4% |
2 Bedrooms | $659.5K | $600K | -9.0% |
3 Bedrooms | $912.5K | $899.5K | -1.4% |
4 Bedrooms | $842.5K | $1.1M | +38.3% |
5+ Bedrooms | $1.1M | $1.6M | +49.8% |
Summary: Nahant housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.4%, 2 bedroom homes decreased by 9%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 38.3%, and 5+ bedroom homes increased by 49.8%.
Median Sold Price Compared To Nearby Cities
Nahant | $845K | $1.0M | +21.2% |
Lynn | $514.8K | $558K | +8.4% |
Housing Supply in Nahant, MA
How many homes are available in Nahant, MA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 25 | +38.9% |
Summary: The Nahant real estate market had 25 homes for sale in May 2024, a 38.9% 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 | 4 | 4 | 0.0% |
3 Bedrooms | 6 | 8 | +33.3% |
4 Bedrooms | 4 | 7 | +75.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Nahant 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 33.3%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Nahant in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Nahant, MA
How long does it take to sell a home in Nahant, MA?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Nahant; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.