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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brockton is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Brockton, MA

How much do homes in Brockton, MA cost?

Median Sold Price

$490,214

$310/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$31,432(+6.9%)

Key Takeaway

Homes in Brockton have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Brockton was $490,214 in September 2024, up 6.9% from last year, and the median price per square foot was $310.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $220K$232K
+5.5%
2 $315K$320K
+1.6%
3 $439.6K$470K
+6.9%
4 $505K$540K
+6.9%
5+ $650K$706.5K
+8.7%

Summary: Brockton housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 8.7%.

Median Sold Price Compared To Nearby Cities

Holbrook
+11.8%
Avon
+10.4%
Brockton
+6.9%
Whitman
+6.3%
Abington
+3.0%

Housing Supply in Brockton, MA

How many homes are available in Brockton, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
247238-3.6%

Summary: The Brockton real estate market had 238 homes for sale in September 2024, a 3.6% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 68
+33.3%
2 3943
+10.3%
3 109105
-3.7%
4 5249
-5.8%
5+ 4133
-19.5%

Summary: The Brockton housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 10.3%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 19.5%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
6866-2.9%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

43 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brockton, you could pay more than the asking price. 65.2% of homes here sold above asking price last month.

Summary: A total of 66 homes were sold or pending in Brockton in September 2024, down by 2.9% month-over-month. Of the 66 sold homes, 24% were sold under asking, 11% were sold at asking, and 65% 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

Sep 2023Sep 2024CHANGE
22 Days22 Days-0.1%

Summary: Homes in Brockton had an average of 22 days on market in Sep 2024, down by 0.1% compared to last year.

Breakdown of Home Sale Times

50 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brockton are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 66 homes were sold in Brockton; 76% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 2% 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 4 Days Ago

Newest Listings in Brockton, MA

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