Is Central Hill, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Central Hill has remained a Buyer's Market.
Key Takeaway
Central Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Central Hill, MA
How much do homes in Central Hill, MA cost?
Median Sold Price
$1,140,000
$632/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Central Hill have sold for 50.5% more than they did a year ago.
Summary: The median home sold price in Central Hill was $1,140,000 in April 2024, up 50.5% from last year, and the median price per square foot was $632.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $597.5K | $750K | +25.5% |
| 2 Bedrooms | $750K | $860K | +14.7% |
| 3 Bedrooms | $937.5K | $1.2M | +36.0% |
| 4 Bedrooms | $932.5K | $1.1M | +24.7% |
| 5+ Bedrooms | $1.5M | $1.3M | -10.0% |
Summary: Central Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.5%, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 36%, 4 bedroom homes increased by 24.7%, and 5+ bedroom homes decreased by 10%.
Median Sold Price Compared To Nearby Neighborhoods
| Central Hill | $757.5K | $1.1M | +50.5% |
| Spring Hill | $1.0M | $1.2M | +21.8% |
| Powderhouse | $1.1M | $1.2M | +13.9% |
| Winter Hill / Magoun | $869K | $908.5K | +4.5% |
| Union Square / Prospect | $1.1M | $890K | -21.6% |
Housing Supply in Central Hill, MA
How many homes are available in Central Hill, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Summary: The Central Hill real estate market had 12 homes for sale in April 2024, a 9.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Central Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central Hill, 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 Central Hill in April 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 Central Hill, MA
How long does it take to sell a home in Central Hill, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 18 Days | 154 Days | +755.6% |
Summary: Homes in Central Hill had an average of 154 days on market in Apr 2024, up by 755.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Central Hill are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 1 homes were sold in Central Hill; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
