$6,401 Closing Credit*
$539,000
3,485 SqFt
10 Beds
•4 Full Baths
#73292519, Samar Moushabeck, Listing Office: William Raveis R.E. & Home Services
Is Belchertown, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
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.
Housing Prices in Belchertown, MA
How much do homes in Belchertown, MA cost?
Median Sold Price
$431,075
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$37,325(+9.5%)
Key Takeaway
Homes in Belchertown have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Belchertown was $431,075 in August 2024, up 9.5% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $203.2K | N/A |
| 2 Bedrooms | $278K | $307.5K | +10.6% |
| 3 Bedrooms | $391.2K | $435K | +11.2% |
| 4 Bedrooms | $450K | $542K | +20.4% |
| 5+ Bedrooms | $350K | $385K | +10.0% |
Summary: Belchertown housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 20.4%, and 5+ bedroom homes increased by 10%.
Housing Supply in Belchertown, MA
How many homes are available in Belchertown, MA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 40 | 38 | -5.0% |
Summary: The Belchertown real estate market had 38 homes for sale in August 2024, a 5.0% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 19 | 16 | -15.8% |
| 4 Bedrooms | 16 | 19 | +18.8% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Belchertown housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 10 | 14 | +40.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belchertown, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Belchertown in August 2024, up by 40.0% month-over-month. Of the 14 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Belchertown, MA
How long does it take to sell a home in Belchertown, MA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 51 Days | 33 Days | -34.5% |
Summary: Homes in Belchertown had an average of 33 days on market in Aug 2024, down by 34.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Belchertown are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 14 homes were sold in Belchertown; 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.
