Is Barnstable County, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Barnstable County has remained a Seller's Market.
Key Takeaway
Barnstable County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Barnstable County, MA
How much do homes in Barnstable County, MA cost?
Median Sold Price
$660,088
$438/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Barnstable County have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Barnstable County was $660,088 in March 2024, up 5.5% from last year, and the median price per square foot was $438.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $385K | $330K | -14.3% |
| 2 Bedrooms | $465.4K | $515K | +10.6% |
| 3 Bedrooms | $650K | $695K | +6.9% |
| 4 Bedrooms | $858.5K | $912.9K | +6.3% |
| 5+ Bedrooms | $1.6M | $1.3M | -15.0% |
Summary: Barnstable County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 15%.
Median Sold Price Compared To Nearby Counties
| Plymouth County | $540.3K | $575.2K | +6.4% |
| Barnstable County | $625.7K | $660K | +5.5% |
Housing Supply in Barnstable County, MA
How many homes are available in Barnstable County, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 852 | 922 | +8.2% |
Summary: The Barnstable County real estate market had 922 homes for sale in March 2024, a 8.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 34 | 39 | +14.7% |
| 2 Bedrooms | 232 | 248 | +6.9% |
| 3 Bedrooms | 337 | 361 | +7.1% |
| 4 Bedrooms | 159 | 174 | +9.4% |
| 5+ Bedrooms | 90 | 100 | +11.1% |
Summary: The Barnstable County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.7%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 177 | 203 | +14.7% |
Asking Price vs. Sold Price
94 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
77 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Barnstable County, you may be able to get a good deal. 46.3% of homes here sold below asking price last month.
Summary: A total of 203 homes were sold or pending in Barnstable County in March 2024, up by 14.7% month-over-month. Of the 203 sold homes, 46% were sold under asking, 16% were sold at asking, and 38% were sold over asking.
Days on Market for Barnstable County, MA
How long does it take to sell a home in Barnstable County, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 53 Days | 46 Days | -12.5% |
Summary: Homes in Barnstable County had an average of 46 days on market in Mar 2024, down by 12.5% compared to last year.
Breakdown of Home Sale Times
123 Homes Were Sold
Under 30 Days
38 Homes Were Sold
In 30 - 90 Days
42 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Barnstable County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 203 homes were sold in Barnstable County; 61% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
