Is Greenfield, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Greenfield was a Neutral Market.
Housing Prices in Greenfield, MA
How much do homes in Greenfield, MA cost?
Median Sold Price
$299,950
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Greenfield was $299,950 in February 2024, up 10.3% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | - | N/A |
2 Bedrooms | $243K | $262K | +7.8% |
3 Bedrooms | $282.5K | $306K | +8.3% |
4 Bedrooms | $320K | $330K | +3.1% |
5+ Bedrooms | $294.9K | $330K | +11.9% |
Summary: Greenfield housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 11.9%.
Median Sold Price Compared To Nearby Cities
Greenfield | $272K | $299.9K | +10.3% |
Greenfield Town | $272K | $298.7K | +9.8% |
Housing Supply in Greenfield, MA
How many homes are available in Greenfield, MA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
34 | 33 | -2.9% |
Summary: The Greenfield real estate market had 33 homes for sale in February 2024, a 2.9% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 11 | 10 | -9.1% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 7 | 4 | -42.9% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Greenfield housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
6 | 12 | +100.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Greenfield in February 2024, up by 100.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 8% were sold at asking, and 33% were sold over asking.
Days on Market for Greenfield, MA
How long does it take to sell a home in Greenfield, MA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
14 Days | 55 Days | +284.5% |
Summary: Homes in Greenfield had an average of 55 days on market in Feb 2024, up by 284.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 12 homes were sold in Greenfield; 42% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.