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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bellingham is a seller's market

Buyer's
Market

Difference Since July 2021

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

Key Takeaway

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

How much do homes in Bellingham, MA cost?

Median Sold Price

$413,750

$257/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$38,750(+10.3%)

Key Takeaway

Homes in Bellingham have sold for 10.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $275K$270K
-1.8%
2 $317.5K$350K
+10.2%
3 $380K$405K
+6.6%
4 $517.5K$520K
0.5%
5+ $400K$617.5K
+54.4%

Median Sold Price Compared To Nearby Cities

Mendon
+16.5%
Hopedale
+15.6%
Bellingham
+10.3%
Franklin
+8.9%
Franklin Town
+8.9%

How many homes are available in Bellingham, MA?

Number of Homes For Sale

Jun 2022Jul 2022%
8185+4.9%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 00
0.0%
2 1921
+10.5%
3 3738
+2.7%
4 2121
0.0%
5+ 45
+25.0%

Number of Homes Sold

Jun 2022Jul 2022%
2421-12.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bellingham, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Average Sale Time

Jul 2021Jul 2022%
16 Days20 Days+25.4%

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bellingham 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 Bellingham, MA

Homes for sale in Bellingham, MA have reached 85. In July 2022 in Bellingham, MA there were 4.9% more homes for sale than in June 2022. In July 2022 median list price was $413,750 and the average listing age was 20 days. This housing market listing prices have changed between June 2022 and July 2022: 1 bedroom properties prices decreased by 1.8%, prices of 2 bedrooms properties went up by 10.2%, the cost of 3 bedrooms properties went up by 6.6%, the cost of 4 bedrooms properties went up by 0.5%, prices of 5 bedrooms properties went up by 54.4%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, number of 2 bedrooms homes increased by 10.5%, number of 3 bedrooms homes increased by 2.7%, 4 bedrooms homes did not move, volume of 5 bedrooms homes went up by 25%. Over 14 listings were sold over their listed price in July 2022 in Bellingham, MA. In the same period over 4 listings were sold below the listed price and 3 listings were sold for the listed price.

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