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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Barre is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Barre, MA

How much do homes in Barre, MA cost?

Median Sold Price

$392,500

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$31,500(+8.7%)

Key Takeaway

Homes in Barre have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in Barre was $392,500 in September 2024, up 8.7% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $61.5K$178K
+189.4%
2 $187.5K$332.5K
+77.3%
3 $355K$412.5K
+16.2%
4 $438.7K$403K
-8.1%
5+ $414K$310K
-25.1%

Summary: Barre housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 189.4%, 2 bedroom homes increased by 77.3%, 3 bedroom homes increased by 16.2%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes decreased by 25.1%.

Median Sold Price Compared To Nearby Cities

Barre
+8.7%
Rutland
+7.2%
Oakham
-9.5%

Housing Supply in Barre, MA

How many homes are available in Barre, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2022+10.0%

Summary: The Barre real estate market had 22 homes for sale in September 2024, a 10.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 47
+75.0%
3 97
-22.2%
4 55
0.0%
5+ 23
+50.0%

Summary: The Barre housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 4 homes were sold or pending in Barre in September 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for Barre, MA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
17 Days21 Days+21.4%

Summary: Homes in Barre had an average of 21 days on market in Sep 2024, up by 21.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 4 homes were sold in Barre; 50% of homes were sold within 30 days, 50% 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 3 Days Ago

Newest Listings in Barre, MA

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