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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Easthampton Town is a seller's market

Buyer's
Market

Difference Since January 2023

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

Key Takeaway

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

Housing Prices in Easthampton Town, MA

How much do homes in Easthampton Town, MA cost?

Median Sold Price

$380,950

$273/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

-$7,850(-2.0%)

Key Takeaway

Homes in Easthampton Town have sold for 2% less than they did a year ago.

Summary: The median home sold price in Easthampton Town was $380,950 in January 2024, down 2% from last year, and the median price per square foot was $273.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $574.6K$694.9K
+20.9%
2 $330K$375K
+13.6%
3 $392.2K$376.2K
-4.1%
4 $425K$415K
-2.4%
5+ $445K$530K
+19.1%

Summary: Easthampton Town housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.9%, 2 bedroom homes increased by 13.6%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 19.1%.

Median Sold Price Compared To Nearby Cities

Northampton
-1.9%
Easthampton Town
-2.0%
Easthampton
-3.0%
Florence
-3.1%
Southampton
-8.7%

Housing Supply in Easthampton Town, MA

How many homes are available in Easthampton Town, MA?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
3428-17.6%

Summary: The Easthampton Town real estate market had 28 homes for sale in January 2024, a 17.6% decrease compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 32
-33.3%
2 66
0.0%
3 1514
-6.7%
4 74
-42.9%
5+ 32
-33.3%

Summary: The Easthampton Town housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Easthampton Town, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Easthampton Town in January 2024, down by 11.1% month-over-month. Of the 8 sold homes, 63% were sold under asking, 0% were sold at asking, and 38% were sold over asking.

Days on Market for Easthampton Town, MA

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

Average Sale Time

Jan 2023Jan 2024CHANGE
83 Days36 Days-56.6%

Summary: Homes in Easthampton Town had an average of 36 days on market in Jan 2024, down by 56.6% compared to last year.

Breakdown of Home Sale Times

5 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 Town are selling fast, if you're buying plan to act quickly.

Summary: During January 2024, 8 homes were sold in Easthampton Town; 63% of homes were sold within 30 days, 38% 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 29 Days Ago

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