Is Haverhill, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Haverhill has remained a Seller's Market.
Housing Prices in Haverhill, MA
How much do homes in Haverhill, MA cost?
Median Sold Price
$484,809
$287/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Haverhill was $484,809 in February 2024, up 4.1% from last year, and the median price per square foot was $287.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $205K | $231.5K | +12.9% |
2 Bedrooms | $345K | $377.2K | +9.3% |
3 Bedrooms | $470K | $500K | +6.4% |
4 Bedrooms | $550K | $562.5K | +2.3% |
5+ Bedrooms | $610K | $672.5K | +10.2% |
Summary: Haverhill housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.9%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 10.2%.
Median Sold Price Compared To Nearby Cities
Groveland | $525K | $599K | +14.1% |
Merrimac | $560K | $600K | +7.1% |
Haverhill | $465.5K | $484.8K | +4.1% |
West Newbury | $776K | $753.5K | -2.9% |
Housing Supply in Haverhill, MA
How many homes are available in Haverhill, MA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
101 | 100 | -1.0% |
Summary: The Haverhill real estate market had 100 homes for sale in February 2024, a 1.0% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 4 | -33.3% |
2 Bedrooms | 23 | 30 | +30.4% |
3 Bedrooms | 38 | 34 | -10.5% |
4 Bedrooms | 12 | 10 | -16.7% |
5+ Bedrooms | 22 | 22 | 0.0% |
Summary: The Haverhill housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 30.4%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
34 | 26 | -23.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Haverhill in February 2024, down by 23.5% month-over-month. Of the 26 sold homes, 23% were sold under asking, 8% were sold at asking, and 69% were sold over asking.
Days on Market for Haverhill, MA
How long does it take to sell a home in Haverhill, MA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
30 Days | 18 Days | -39.3% |
Summary: Homes in Haverhill had an average of 18 days on market in Feb 2024, down by 39.3% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 26 homes were sold in Haverhill; 81% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.