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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gilbertville is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Gilbertville was a Seller's Market.

Key Takeaway

Gilbertville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Gilbertville, MA

How much do homes in Gilbertville, MA cost?

Median Sold Price

$230,000

$195/sqft

Based on all homes sold in June 2024.

Difference Since Last Month

-$180,000(-43.9%)

Key Takeaway

Homes in Gilbertville have sold for 43.9% less than they did a month ago.

Summary: The median home sold price in Gilbertville was $230,000 in June 2024, down 43.9% from last month, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 $410K-
N/A
2 -$230K
N/A
3 $441K-
N/A
4 --
N/A
5+ $400K-
N/A

Summary: Gilbertville housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hardwick
-23.3%
Gilbertville
-43.9%

Housing Supply in Gilbertville, MA

How many homes are available in Gilbertville, MA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
1110-9.1%

Summary: The Gilbertville real estate market had 10 homes for sale in June 2024, a 9.1% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 10
-100.0%
2 12
+100.0%
3 54
-20.0%
4 22
0.0%
5+ 22
0.0%

Summary: The Gilbertville housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gilbertville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Gilbertville in June 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Gilbertville, MA

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

Average Sale Time

May 2024Jun 2024CHANGE
15 Days200 Days+1233.3%

Summary: Homes in Gilbertville had an average of 200 days on market in Jun 2024, up by 1233.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Gilbertville are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During June 2024, 1 homes were sold in Gilbertville; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 Gilbertville, MA

Nearby Markets to Gilbertville, MA

What housing markets are near Gilbertville, MA?