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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Easthampton is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Easthampton, MA

How much do homes in Easthampton, MA cost?

Median Sold Price

$396,000

$283/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$6,000(+1.5%)

Key Takeaway

Homes in Easthampton have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Easthampton was $396,000 in March 2024, up 1.5% from last year, and the median price per square foot was $283.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $599.9K$694.9K
+15.8%
2 $330K$375K
+13.6%
3 $389.5K$384.4K
-1.3%
4 $440K$420K
-4.5%
5+ $452.5K$625K
+38.1%

Summary: Easthampton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.8%, 2 bedroom homes increased by 13.6%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 38.1%.

Median Sold Price Compared To Nearby Cities

Westhampton
+21.5%
Florence
+9.4%
Easthampton
+1.5%
Easthampton Town
+1.2%
Southampton
-6.5%

Housing Supply in Easthampton, MA

How many homes are available in Easthampton, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2528+12.0%

Summary: The Easthampton real estate market had 28 homes for sale in March 2024, a 12.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1312
-7.7%
4 45
+25.0%
5+ 36
+100.0%

Summary: The Easthampton housing inventory by bedroom type for March 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 7.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
511+120.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Easthampton, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Easthampton in March 2024, up by 120.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 9% were sold at asking, and 45% were sold over asking.

Days on Market for Easthampton, MA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
64 Days52 Days-18.4%

Summary: Homes in Easthampton had an average of 52 days on market in Mar 2024, down by 18.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Easthampton has remained consistent over time.

Summary: During March 2024, 11 homes were sold in Easthampton; 36% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 9% 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 24 Days Ago

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