Is Gardner, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Gardner has remained a Seller's Market.
Key Takeaway
Gardner is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gardner, MA
How much do homes in Gardner, MA cost?
Median Sold Price
$345,333
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Gardner have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Gardner was $345,333 in March 2024, up 10.3% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $141.5K | +23.0% |
| 2 Bedrooms | $232K | $260K | +12.1% |
| 3 Bedrooms | $320K | $359.3K | +12.3% |
| 4 Bedrooms | $350K | $347.5K | -0.7% |
| 5+ Bedrooms | $352K | $450K | +27.8% |
Summary: Gardner housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 27.8%.
Median Sold Price Compared To Nearby Cities
| Gardner | $313K | $345.3K | +10.3% |
| Westminster | $482K | $530K | +10.0% |
| Winchendon | $350K | $365K | +4.3% |
| Templeton | $379K | $354.7K | -6.4% |
Housing Supply in Gardner, MA
How many homes are available in Gardner, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 51 | 55 | +7.8% |
Summary: The Gardner real estate market had 55 homes for sale in March 2024, a 7.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 30 | 29 | -3.3% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 6 | 12 | +100.0% |
Summary: The Gardner 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 3.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 10 | -37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gardner, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Gardner in March 2024, down by 37.5% month-over-month. Of the 10 sold homes, 20% were sold under asking, 10% were sold at asking, and 70% were sold over asking.
Days on Market for Gardner, MA
How long does it take to sell a home in Gardner, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 35 Days | 48 Days | +35.3% |
Summary: Homes in Gardner had an average of 48 days on market in Mar 2024, up by 35.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gardner are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 10 homes were sold in Gardner; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
