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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boxford is a seller's market

Buyer's
Market

Difference Since May 2021

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

Key Takeaway

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

How much do homes in Boxford, MA cost?

Median Sold Price

$884,500

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$34,500(+4.1%)

Key Takeaway

Homes in Boxford have sold for 4.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $329.9K-
N/A
2 $468.7K$553K
+18.0%
3 $625K$760K
+21.6%
4 $861K$900K
+4.5%
5+ $1.2M$1.1M
-9.2%

Median Sold Price Compared To Nearby Cities

Georgetown
+17.5%
Middleton
+14.4%
Topsfield
+12.8%
Boxford
+4.1%
Groveland
0.3%

How many homes are available in Boxford, MA?

Number of Homes For Sale

Apr 2022May 2022%
3644+22.2%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 78
+14.3%
3 68
+33.3%
4 2124
+14.3%
5+ 24
+100.0%

Number of Homes Sold

Apr 2022May 2022%
514+180.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boxford, you could pay more than the asking price. 78.6% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
39 Days13 Days-66.4%

Breakdown of Home Sale Times

13 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

Many homes in Boxford 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 Boxford, MA

Number of homes for sale in Boxford, MA real estate market have reached 44. The number of homes for sale in Boxford, MA increased by 22.2% between April 2022 and May 2022. In May 2022, listings were on the market for 13 days. During the same period, the median list price in this real estate market was $884,500. Between April 2022 and May 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 18%, 3 bedrooms properties became 21.6% more expensive, prices of 4 bedrooms properties went up by 4.5%, prices of 5 bedrooms properties went down by 9.2%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes went up by 14.3%, 3 bedrooms homes inventory increased by 33.3%, number of 4 bedrooms homes increased by 14.3%, the quantity of 5 bedrooms homes went up by 100%. In May 2022, from all listings sold in Boxford, MA there were more than 11 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price.

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