Is Cider Mill, 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, Cider Mill has remained a Seller's Market.
Key Takeaway
Cider Mill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cider Mill, MA
How much do homes in Cider Mill, MA cost?
Median Sold Price
$390,000
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Cider Mill have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Cider Mill was $390,000 in April 2024, up 7.1% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $202.5K | +19.1% |
| 2 Bedrooms | $305K | $337.5K | +10.7% |
| 3 Bedrooms | $363K | $390K | +7.4% |
| 4 Bedrooms | $369K | $418K | +13.3% |
| 5+ Bedrooms | $515K | $652.5K | +26.7% |
Summary: Cider Mill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.1%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 26.7%.
Median Sold Price Compared To Nearby Neighborhoods
| West Tatnuck | $377K | $470K | +24.7% |
| Tatnuck | $379.9K | $425K | +11.9% |
| West Worcester | $401K | $448K | +11.7% |
| Cider Mill | $364K | $390K | +7.1% |
| Columbus Park | $396K | $380K | -4.0% |
Housing Supply in Cider Mill, MA
How many homes are available in Cider Mill, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 19 | +35.7% |
Summary: The Cider Mill real estate market had 19 homes for sale in April 2024, a 35.7% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 0 | 3 | +100.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Cider Mill 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 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cider Mill, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Cider Mill in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Cider Mill, MA
How long does it take to sell a home in Cider Mill, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 9 Days | 32 Days | +264.8% |
Summary: Homes in Cider Mill had an average of 32 days on market in Apr 2024, up by 264.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cider Mill are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Cider Mill; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
