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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Charlton is a neutral's market

Buyer's
Market

Difference Since August 2023

At the same time last year, Charlton was a Seller's Market.

Key Takeaway

Charlton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Charlton, MA

How much do homes in Charlton, MA cost?

Median Sold Price

$535,900

$256/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$74,950(+16.3%)

Key Takeaway

Homes in Charlton have sold for 16.3% more than they did a year ago.

Summary: The median home sold price in Charlton was $535,900 in August 2024, up 16.3% from last year, and the median price per square foot was $256.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $320K$225K
-29.7%
2 $268K$312.5K
+16.6%
3 $430K$510K
+18.6%
4 $565.4K$615K
+8.8%
5+ $407.5K$587.5K
+44.2%

Summary: Charlton housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.7%, 2 bedroom homes increased by 16.6%, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 44.2%.

Median Sold Price Compared To Nearby Cities

Charlton
+16.3%
North Oxford
+15.4%
Oxford
+11.6%
Southbridge
+9.5%
Southbridge Town
+9.5%

Housing Supply in Charlton, MA

How many homes are available in Charlton, MA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
4740-14.9%

Summary: The Charlton real estate market had 40 homes for sale in August 2024, a 14.9% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 10
-100.0%
2 42
-50.0%
3 1718
+5.9%
4 2116
-23.8%
5+ 44
0.0%

Summary: The Charlton housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
146-57.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Charlton, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Charlton in August 2024, down by 57.1% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for Charlton, MA

How long does it take to sell a home in Charlton, MA?

Average Sale Time

Aug 2023Aug 2024CHANGE
33 Days78 Days+134.5%

Summary: Homes in Charlton had an average of 78 days on market in Aug 2024, up by 134.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Charlton has remained consistent over time.

Summary: During August 2024, 6 homes were sold in Charlton; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% 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 9 Days Ago

Newest Listings in Charlton, MA

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