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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blackstone is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Blackstone, MA

How much do homes in Blackstone, MA cost?

Median Sold Price

$445,000

$270/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$46,000(+11.5%)

Key Takeaway

Homes in Blackstone have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in Blackstone was $445,000 in September 2024, up 11.5% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $256.9K$260K
+1.2%
2 $349K$403.5K
+15.6%
3 $430K$455.5K
+5.9%
4 $419.5K$545K
+29.9%
5+ $415K$436K
+5.1%

Summary: Blackstone housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 29.9%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Cities

Woonsocket
+14.1%
Mendon
+12.1%
Blackstone
+11.5%
Bellingham
+4.3%
North Smithfield
+3.5%

Housing Supply in Blackstone, MA

How many homes are available in Blackstone, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3339+18.2%

Summary: The Blackstone real estate market had 39 homes for sale in September 2024, a 18.2% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 69
+50.0%
3 1918
-5.3%
4 47
+75.0%
5+ 45
+25.0%

Summary: The Blackstone 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 50%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
510+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blackstone, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Blackstone in September 2024, up by 100.0% month-over-month. Of the 10 sold homes, 20% were sold under asking, 30% were sold at asking, and 50% were sold over asking.

Days on Market for Blackstone, MA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
21 Days22 Days+7.3%

Summary: Homes in Blackstone had an average of 22 days on market in Sep 2024, up by 7.3% compared to last year.

Breakdown of Home Sale Times

8 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 Blackstone are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 10 homes were sold in Blackstone; 80% of homes were sold within 30 days, 20% 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

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