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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cummington is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Cummington has remained a Seller's Market.

Key Takeaway

Cummington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cummington, MA

How much do homes in Cummington, MA cost?

Median Sold Price

$769,000

$145/sqft

Based on all homes sold in January 2024.

Difference Since Last Month

+$369,000(+92.3%)

Key Takeaway

Homes in Cummington have sold for 92.3% more than they did a month ago.

Summary: The median home sold price in Cummington was $769,000 in January 2024, up 92.3% from last month, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 --
N/A
2 --
N/A
3 $400K-
N/A
4 --
N/A
5+ -$769K
N/A

Summary: Cummington housing prices by bedroom type for January 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Cummington, MA

How many homes are available in Cummington, MA?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
21-50.0%

Summary: The Cummington real estate market had 1 homes for sale in January 2024, a 50.0% decrease compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 00
0.0%
2 00
0.0%
3 10
-100.0%
4 00
0.0%
5+ 11
0.0%

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

Number of Homes Sold

Dec 2023Jan 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cummington, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Cummington in January 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Cummington, MA

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

Average Sale Time

Dec 2023Jan 2024CHANGE
21 Days66 Days+214.3%

Summary: Homes in Cummington had an average of 66 days on market in Jan 2024, up by 214.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Cummington has remained consistent over time.

Summary: During January 2024, 1 homes were sold in Cummington; 0% of homes were sold within 30 days, 100% 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 20 Days Ago

Newest Listings in Cummington, MA

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