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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boxborough is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Boxborough was a Seller's Market.

Key Takeaway

Boxborough is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Boxborough, MA

How much do homes in Boxborough, MA cost?

Median Sold Price

$567,500

$326/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$67,500(-10.6%)

Key Takeaway

Homes in Boxborough have sold for 10.6% less than they did a year ago.

Summary: The median home sold price in Boxborough was $567,500 in March 2024, down 10.6% from last year, and the median price per square foot was $326.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $172.5K$201.5K
+16.8%
2 $235K$455K
+93.6%
3 $810K$718K
-11.4%
4 $940K$905K
-3.7%
5+ $1.5M$1.2M
-15.8%

Summary: Boxborough housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.8%, 2 bedroom homes increased by 93.6%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 15.8%.

Median Sold Price Compared To Nearby Cities

Acton
+10.0%
Harvard
+2.2%
Littleton
+1.4%
Boxborough
-10.6%

Housing Supply in Boxborough, MA

How many homes are available in Boxborough, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
87-12.5%

Summary: The Boxborough real estate market had 7 homes for sale in March 2024, a 12.5% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 23
+50.0%
3 21
-50.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Boxborough housing inventory by bedroom type for March 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 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boxborough, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Boxborough in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Boxborough, MA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
17 Days32 Days+82.9%

Summary: Homes in Boxborough had an average of 32 days on market in Mar 2024, up by 82.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Boxborough has remained consistent over time.

Summary: During March 2024, 1 homes were sold in Boxborough; 0% of homes were sold within 30 days, 100% 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 22 Days Ago

Newest Listings in Boxborough, MA

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What housing markets are near Boxborough, MA?