Is Charlton, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Charlton has remained a Seller's Market.
Key Takeaway
Charlton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Charlton, MA
How much do homes in Charlton, MA cost?
Median Sold Price
$530,000
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Charlton have sold for 17.8% more than they did a year ago.
Summary: The median home sold price in Charlton was $530,000 in June 2024, up 17.8% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182.4K | $524.5K | +187.5% |
| 2 Bedrooms | $340K | $305K | -10.3% |
| 3 Bedrooms | $440.5K | $505K | +14.6% |
| 4 Bedrooms | $550K | $607.4K | +10.4% |
| 5+ Bedrooms | $310K | $610K | +96.8% |
Summary: Charlton housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 187.5%, 2 bedroom homes decreased by 10.3%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 96.8%.
Median Sold Price Compared To Nearby Cities
| North Oxford | $233K | $300K | +28.8% |
| Charlton | $449.9K | $530K | +17.8% |
| Oxford | $350K | $380K | +8.6% |
| Southbridge | $330K | $354K | +7.3% |
| Southbridge Town | $330K | $354K | +7.3% |
Housing Supply in Charlton, MA
How many homes are available in Charlton, MA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 44 | 45 | +2.3% |
Summary: The Charlton real estate market had 45 homes for sale in June 2024, a 2.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 20 | 18 | -10.0% |
| 4 Bedrooms | 15 | 16 | +6.7% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Charlton housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Charlton, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Charlton in June 2024, down by 27.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 32 Days | 20 Days | -37.4% |
Summary: Homes in Charlton had an average of 20 days on market in Jun 2024, down by 37.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Charlton are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 8 homes were sold in Charlton; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
