Is Freetown, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Freetown has remained a Seller's Market.
Key Takeaway
Freetown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Freetown, MA
How much do homes in Freetown, MA cost?
Median Sold Price
$522,500
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Freetown has remained the same since last year.
Summary: The median home sold price in Freetown was $522,500 in April 2024, up 0.5% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $411K | $420K | +2.2% |
| 3 Bedrooms | $499.5K | $550K | +10.1% |
| 4 Bedrooms | $620K | $600K | -3.2% |
| 5+ Bedrooms | $800K | $680K | -15.0% |
Summary: Freetown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 10.1%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 15%.
Median Sold Price Compared To Nearby Cities
| East Freetown | $462.5K | $510K | +10.3% |
| Lakeville | $510K | $550K | +7.8% |
| Freetown | $520K | $522.5K | 0.5% |
| Berkley | $562.5K | $564.5K | 0.4% |
| Assonet | $595.1K | $575.4K | -3.3% |
Housing Supply in Freetown, MA
How many homes are available in Freetown, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Summary: The Freetown real estate market had 17 homes for sale in April 2024, a 13.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 2 | 5 | +150.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Freetown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 150%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Freetown, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Freetown in April 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Freetown, MA
How long does it take to sell a home in Freetown, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 46 Days | 65 Days | +40.3% |
Summary: Homes in Freetown had an average of 65 days on market in Apr 2024, up by 40.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Freetown are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Freetown; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
