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 June 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

$402,750

$281/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$26,498(+7.0%)

Key Takeaway

Homes in Easthampton have sold for 7% more than they did a year ago.

Summary: The median home sold price in Easthampton was $402,750 in June 2024, up 7% from last year, and the median price per square foot was $281.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $668K$699.9K
+4.8%
2 $354K$335K
-5.4%
3 $376.2K$399.9K
+6.3%
4 $431.7K$417.5K
-3.3%
5+ $475K$530K
+11.6%

Summary: Easthampton housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 11.6%.

Median Sold Price Compared To Nearby Cities

Westhampton
+33.1%
Florence
+14.1%
Easthampton
+7.0%
Easthampton Town
+6.7%
Southampton
+1.1%

Housing Supply in Easthampton, MA

How many homes are available in Easthampton, MA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
4647+2.2%

Summary: The Easthampton real estate market had 47 homes for sale in June 2024, a 2.2% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 11
0.0%
2 78
+14.3%
3 2327
+17.4%
4 85
-37.5%
5+ 76
-14.3%

Summary: The Easthampton housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

May 2024Jun 2024CHANGE
1215+25.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Easthampton, you could pay more than the asking price. 73.3% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in Easthampton in June 2024, up by 25.0% month-over-month. Of the 15 sold homes, 27% were sold under asking, 0% were sold at asking, and 73% 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

Jun 2023Jun 2024CHANGE
21 Days22 Days+5.3%

Summary: Homes in Easthampton had an average of 22 days on market in Jun 2024, up by 5.3% compared to last year.

Breakdown of Home Sale Times

12 Homes Were 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

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

Summary: During June 2024, 15 homes were sold in Easthampton; 80% of homes were sold within 30 days, 20% 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 26 Days Ago

Newest Listings in Easthampton, MA

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