Is Dukes County, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dukes County is a buyer's market

Buyer's
Market

Difference Since August 2021

Since last year, Dukes County has remained a Buyer's Market.

Key Takeaway

Dukes County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Dukes County, MA cost?

Median Sold Price

$1,200,053

$673/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

-$34,518(-2.8%)

Key Takeaway

Homes in Dukes County have sold for 2.8% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $1.2M$715K
-40.9%
2 $990K$1.1M
+16.8%
3 $1.2M$1.1M
-13.6%
4 $1.3M$1.5M
+16.4%
5+ $1.8M$2.5M
+35.5%

How many homes are available in Dukes County, MA?

Number of Homes For Sale

Jul 2022Aug 2022%
3937-5.1%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 22
0.0%
2 45
+25.0%
3 138
-38.5%
4 1012
+20.0%
5+ 1010
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dukes County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
106 Days40 Days-62.0%

Breakdown of Home Sale Times

1 Home Was 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 Dukes County has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Dukes County, MA

There are 37 homes are for sale in Dukes County, MA real estate market. The number of homes for sale in Dukes County, MA decreased by 5.1% between July 2022 and August 2022. In August 2022 median list price was $1,200,053 and the average listing age was 40 days. This housing market listing prices have changed between July 2022 and August 2022: the cost of 1 bedroom properties went down by 40.9%, prices of 2 bedrooms properties increased by 16.8%, prices of 3 bedrooms properties decreased by 13.6%, prices of 4 bedrooms properties went up by 16.4%, 5 bedrooms properties prices increased by 35.5%. This housing market inventory have changed: 1 bedroom homes inventory did not change, 2 bedrooms homes became 25% more available, number of 3 bedrooms homes decreased by 38.5%, the quantity of 4 bedrooms homes went up by 20%, 5 bedrooms homes inventory did not change. In August 2022, from all listings sold in Dukes County, MA there were more than 2 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price.