$1,899 Closing Credit*
$159,900
652 SqFt
1 Bed
•1 Full Bath
#73299135, Suzi Buzzee, Listing Office: LPT Realty, LLC
Is Agawam, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Agawam has remained a Seller's Market.
Key Takeaway
Agawam is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Agawam, MA
How much do homes in Agawam, MA cost?
Median Sold Price
$301,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$18,500(+6.5%)
Key Takeaway
Homes in Agawam have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Agawam was $301,000 in September 2024, up 6.5% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $133K | $165K | +24.1% |
| 2 Bedrooms | $235K | $266.5K | +13.4% |
| 3 Bedrooms | $312K | $325K | +4.2% |
| 4 Bedrooms | $350K | $405K | +15.7% |
| 5+ Bedrooms | $487.5K | $509K | +4.4% |
Summary: Agawam housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.1%, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 4.4%.
Median Sold Price Compared To Nearby Cities
| Agawam | $282.5K | $301K | +6.5% |
| Agawam Town | $310K | $320K | +3.2% |
| West Springfield Town | $300.5K | $310K | +3.2% |
| Longmeadow | $462.7K | $475K | +2.7% |
| Feeding Hills | $350K | $345K | -1.4% |
Housing Supply in Agawam, MA
How many homes are available in Agawam, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 56 | 49 | -12.5% |
Summary: The Agawam real estate market had 49 homes for sale in September 2024, a 12.5% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 20 | 22 | +10.0% |
| 3 Bedrooms | 21 | 16 | -23.8% |
| 4 Bedrooms | 11 | 5 | -54.5% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Agawam housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 23.8%, 4 bedroom homes decreased by 54.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Agawam, you could pay more than the asking price. 73.7% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in Agawam in September 2024, down by 5.0% month-over-month. Of the 19 sold homes, 16% were sold under asking, 11% were sold at asking, and 74% were sold over asking.
Days on Market for Agawam, MA
How long does it take to sell a home in Agawam, MA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 20 Days | 20 Days | -0.7% |
Summary: Homes in Agawam had an average of 20 days on market in Sep 2024, down by 0.7% compared to last year.
Breakdown of Home Sale Times
15 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 Agawam are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 19 homes were sold in Agawam; 79% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
