Is Belchertown, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Belchertown has remained a Buyer's Market.
Housing Prices in Belchertown, MA
How much do homes in Belchertown, MA cost?
Median Sold Price
$410,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Belchertown was $410,000 in February 2024, up 8.9% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $172.5K | - | N/A |
2 Bedrooms | $295K | $292.2K | -0.9% |
3 Bedrooms | $386.5K | $404.1K | +4.6% |
4 Bedrooms | $475K | $490K | +3.2% |
5+ Bedrooms | $386K | $367.5K | -4.8% |
Summary: Belchertown housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 4.8%.
Housing Supply in Belchertown, MA
How many homes are available in Belchertown, MA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
27 | 26 | -3.7% |
Summary: The Belchertown real estate market had 26 homes for sale in February 2024, a 3.7% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 9 | 6 | -33.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Belchertown housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
8 | 3 | -62.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Belchertown in February 2024, down by 62.5% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
72 Days | 18 Days | -74.2% |
Summary: Homes in Belchertown had an average of 18 days on market in Feb 2024, down by 74.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in Belchertown; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.