Is Abington, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Abington is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Abington has remained a Seller's Market.

Key Takeaway

Abington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Abington, MA

How much do homes in Abington, MA cost?

Median Sold Price

$519,000

$327/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$19,000(+3.8%)

Key Takeaway

Homes in Abington have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Abington was $519,000 in August 2024, up 3.8% from last year, and the median price per square foot was $327.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $235K$257K
+9.4%
2 $420K$450K
+7.1%
3 $506K$542.5K
+7.2%
4 $575K$685K
+19.1%
5+ $659K$690K
+4.7%

Summary: Abington housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes increased by 4.7%.

Median Sold Price Compared To Nearby Cities

Holbrook
+12.7%
Rockland
+9.1%
Whitman
+7.0%
Brockton
+6.7%
Abington
+3.8%

Housing Supply in Abington, MA

How many homes are available in Abington, MA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
4840-16.7%

Summary: The Abington real estate market had 40 homes for sale in August 2024, a 16.7% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 11
0.0%
2 139
-30.8%
3 1816
-11.1%
4 1412
-14.3%
5+ 22
0.0%

Summary: The Abington housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30.8%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
1216+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Abington, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in Abington in August 2024, up by 33.3% month-over-month. Of the 16 sold homes, 13% were sold under asking, 13% were sold at asking, and 75% were sold over asking.

Days on Market for Abington, MA

How long does it take to sell a home in Abington, MA?

Average Sale Time

Aug 2023Aug 2024CHANGE
18 Days22 Days+18.6%

Summary: Homes in Abington had an average of 22 days on market in Aug 2024, up by 18.6% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Abington are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 16 homes were sold in Abington; 81% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

Newest Listings in Abington, MA

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