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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Charlton is a seller's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Charlton was a Buyer'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

$499,900

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$50,700(+11.3%)

Key Takeaway

Homes in Charlton have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in Charlton was $499,900 in February 2024, up 11.3% from last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $352.5K$320K
-9.2%
2 $290K$307.5K
+6.0%
3 $440.5K$473.4K
+7.5%
4 $532.5K$590K
+10.8%
5+ $630K$310K
-50.8%

Summary: Charlton housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.2%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 50.8%.

Median Sold Price Compared To Nearby Cities

Charlton
+11.3%
North Oxford
+9.0%
Oxford
+8.5%
Southbridge
+6.9%
Southbridge Town
+6.9%

Housing Supply in Charlton, MA

How many homes are available in Charlton, MA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
22220.0%

Summary: The Charlton real estate market had 22 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1010
0.0%
4 98
-11.1%
5+ 01
+100.0%

Summary: The Charlton housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Charlton, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Charlton in February 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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

Feb 2023Feb 2024CHANGE
68 Days54 Days-20.7%

Summary: Homes in Charlton had an average of 54 days on market in Feb 2024, down by 20.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 February 2024, 5 homes were sold in Charlton; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in Charlton, MA

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