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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dartmouth is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Dartmouth has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Dartmouth, MA

How much do homes in Dartmouth, MA cost?

Median Sold Price

$570,000

$326/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$70,000(+14.0%)

Key Takeaway

Homes in Dartmouth have sold for 14% more than they did a year ago.

Summary: The median home sold price in Dartmouth was $570,000 in September 2024, up 14% from last year, and the median price per square foot was $326.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $308K$365K
+18.5%
2 $375.2K$432.5K
+15.3%
3 $476.9K$580K
+21.6%
4 $629.9K$616.2K
-2.2%
5+ $1.0M$800K
-20.0%

Summary: Dartmouth housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.5%, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 21.6%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 20%.

Median Sold Price Compared To Nearby Cities

Dartmouth
+14.0%
North Dartmouth
+14.0%
New Bedford
+13.7%
South Dartmouth
+13.5%
Westport
+7.6%

Housing Supply in Dartmouth, MA

How many homes are available in Dartmouth, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
9083-7.8%

Summary: The Dartmouth real estate market had 83 homes for sale in September 2024, a 7.8% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 10
-100.0%
2 1112
+9.1%
3 4140
-2.4%
4 2321
-8.7%
5+ 1410
-28.6%

Summary: The Dartmouth housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2415-37.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dartmouth, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Dartmouth in September 2024, down by 37.5% month-over-month. Of the 15 sold homes, 47% were sold under asking, 20% were sold at asking, and 33% were sold over asking.

Days on Market for Dartmouth, MA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
54 Days23 Days-56.7%

Summary: Homes in Dartmouth had an average of 23 days on market in Sep 2024, down by 56.7% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dartmouth are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 15 homes were sold in Dartmouth; 73% of homes were sold within 30 days, 27% 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 Sep 1, 2024

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