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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boxborough is a seller's market

Buyer's
Market

Difference Since May 2021

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

Key Takeaway

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

How much do homes in Boxborough, MA cost?

Median Sold Price

$657,500

$266/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$238,000(+56.7%)

Key Takeaway

Homes in Boxborough have sold for 56.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $143K$150.7K
+5.4%
2 $170K$193K
+13.5%
3 $582K$716.2K
+23.1%
4 $835K$957.5K
+14.7%
5+ $1.2M$1.1M
-12.4%

Median Sold Price Compared To Nearby Cities

Boxborough
+56.7%
Harvard
+26.4%
Acton
+18.2%
Stow
+14.2%
Littleton
+7.2%

How many homes are available in Boxborough, MA?

Number of Homes For Sale

Apr 2022May 2022%
1923+21.1%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 22
0.0%
2 56
+20.0%
3 22
0.0%
4 913
+44.4%
5+ 10
-100.0%

Number of Homes Sold

Apr 2022May 2022%
56+20.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boxborough, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
12 Days11 Days-12.4%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Boxborough 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 Boxborough, MA

Boxborough, MA has 23 homes on the market. Between April 2022 and May 2022, Boxborough, MA real estate market has seen increase in the number of listings by 21.1%. In May 2022, listings were on the market for 11 days. During the same period, the median list price in this real estate market was $657,500. From April 2022 through May 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 5.4% more expensive, prices of 2 bedrooms properties increased by 13.5%, the cost of 3 bedrooms properties went up by 23.1%, 4 bedrooms properties became 14.7% more expensive, prices of 5 bedrooms properties decreased by 12.4%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes went up by 20%, 3 bedrooms homes did not move, number of 4 bedrooms homes increased by 44.4%, 5 bedrooms homes became 100% less available. Over 6 listings were sold over their listed price in May 2022 in Boxborough, MA. In the same period over 0 listings were sold below the listed price and 0 listings were sold for the listed price.

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