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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belchertown is a seller's market

Buyer's
Market

Difference Since May 2021

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

Key Takeaway

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

How much do homes in Belchertown, MA cost?

Median Sold Price

$365,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$35,000(+10.6%)

Key Takeaway

Homes in Belchertown have sold for 10.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 --
N/A
2 $252.5K$259.5K
+2.8%
3 $345K$379K
+9.9%
4 $379K$435K
+14.8%
5+ $292.9K$375K
+28.0%

Median Sold Price Compared To Nearby Cities

Ware
+18.8%
Three Rivers
+18.5%
Palmer
+11.2%
Belchertown
+10.6%

How many homes are available in Belchertown, MA?

Number of Homes For Sale

Apr 2022May 2022%
4461+38.6%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 12
+100.0%
2 812
+50.0%
3 2635
+34.6%
4 67
+16.7%
5+ 35
+66.7%

Number of Homes Sold

Apr 2022May 2022%
711+57.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belchertown, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
72 Days37 Days-48.1%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Belchertown 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 Belchertown, MA

Belchertown, MA has 61 homes for sale to choose from. The number of homes for sale in Belchertown, MA increased by 38.6% between April 2022 and May 2022. In May 2022 median list price was $365,000 and the average listing age was 37 days. This housing market listing prices have changed between April 2022 and May 2022: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties became 2.8% more expensive, prices of 3 bedrooms properties went up by 9.9%, 4 bedrooms properties prices increased by 14.8%, prices of 5 bedrooms properties increased by 28%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes increased by 100%, number of 2 bedrooms homes increased by 50%, volume of 3 bedrooms homes went up by 34.6%, 4 bedrooms homes inventory increased by 16.7%, the quantity of 5 bedrooms homes went up by 66.7%. In May 2022 more than 6 listings in Belchertown, MA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 3 were sold below.

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