Is Brockton, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Brockton has remained a Seller's Market.
Housing Prices in Brockton, MA
How much do homes in Brockton, MA cost?
Median Sold Price
$472,207
$302/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Brockton was $472,207 in March 2024, up 4.9% from last year, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $210K | $226K | +7.6% |
2 Bedrooms | $300K | $323K | +7.7% |
3 Bedrooms | $434.6K | $450K | +3.5% |
4 Bedrooms | $494.5K | $545.9K | +10.4% |
5+ Bedrooms | $650K | $675.1K | +3.9% |
Summary: Brockton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.6%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 3.9%.
Housing Supply in Brockton, MA
How many homes are available in Brockton, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
191 | 190 | -0.5% |
Summary: The Brockton real estate market had 190 homes for sale in March 2024, a 0.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 8 | +100.0% |
2 Bedrooms | 23 | 22 | -4.3% |
3 Bedrooms | 70 | 75 | +7.1% |
4 Bedrooms | 41 | 44 | +7.3% |
5+ Bedrooms | 53 | 41 | -22.6% |
Summary: The Brockton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 22.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
44 | 52 | +18.2% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 52 homes were sold or pending in Brockton in March 2024, up by 18.2% month-over-month. Of the 52 sold homes, 40% were sold under asking, 13% were sold at asking, and 46% were sold over asking.
Days on Market for Brockton, MA
How long does it take to sell a home in Brockton, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
44 Days | 26 Days | -38.9% |
Summary: Homes in Brockton had an average of 26 days on market in Mar 2024, down by 38.9% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 52 homes were sold in Brockton; 69% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.