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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Auburn is a seller's market

Buyer's
Market

Difference Since May 2021

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

Key Takeaway

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

How much do homes in Auburn, MA cost?

Median Sold Price

$375,000

$250/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$51,000(+15.7%)

Key Takeaway

Homes in Auburn have sold for 15.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $80K$136.5K
+70.6%
2 $240K$298K
+24.2%
3 $340K$372.5K
+9.6%
4 $382.5K$450K
+17.6%
5+ $430K$483.5K
+12.4%

Median Sold Price Compared To Nearby Cities

Auburn
+15.7%
Millbury
+9.9%
Cherry Valley
+6.9%
North Oxford
+2.3%

How many homes are available in Auburn, MA?

Number of Homes For Sale

Apr 2022May 2022%
5563+14.5%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 01
+100.0%
2 1211
-8.3%
3 2427
+12.5%
4 1115
+36.4%
5+ 89
+12.5%

Number of Homes Sold

Apr 2022May 2022%
1019+90.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Auburn, you could pay more than the asking price. 78.9% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
18 Days18 Days0.2%

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Auburn, MA

Auburn, MA has 63 homes for sale to choose from. The number of homes for sale in Auburn, MA increased by 14.5% between April 2022 and May 2022. The median list price of listings available in May 2022 was $375,000, while the average time on the real estate market was 18 days. Real estate listing prices changed between April 2022 and May 2022: prices of 1 bedroom properties went up by 70.6%, the cost of 2 bedrooms properties went up by 24.2%, 3 bedrooms properties prices increased by 9.6%, prices of 4 bedrooms properties increased by 17.6%, prices of 5 bedrooms properties increased by 12.4%. Volume of homes for sale changed: volume of 1 bedroom homes went up by 100%, the quantity of 2 bedrooms homes went down by 8.3%, the quantity of 3 bedrooms homes went up by 12.5%, 4 bedrooms homes inventory increased by 36.4%, volume of 5 bedrooms homes went up by 12.5%. Auburn, MA housing market in May 2022 saw over 15 listings sold above listed price, more than 3 sold at listed price and over 1 sold below.

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