Is Holyoke, 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, Holyoke has remained a Seller's Market.
Key Takeaway
Holyoke is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Holyoke, MA
How much do homes in Holyoke, MA cost?
Median Sold Price
$300,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Holyoke have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in Holyoke was $300,000 in March 2024, up 10.8% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $113K | $129K | +14.2% |
| 2 Bedrooms | $212K | $206K | -2.8% |
| 3 Bedrooms | $272K | $286K | +5.1% |
| 4 Bedrooms | $269.5K | $286.5K | +6.3% |
| 5+ Bedrooms | $315K | $356.2K | +13.1% |
Summary: Holyoke housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.2%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 13.1%.
Median Sold Price Compared To Nearby Cities
| Holyoke | $270.6K | $300K | +10.8% |
| South Hadley | $324.9K | $350K | +7.7% |
| Chicopee | $269.9K | $283K | +4.8% |
| Easthampton Town | $385K | $389.5K | +1.2% |
| Southampton | $460K | $430K | -6.5% |
Housing Supply in Holyoke, MA
How many homes are available in Holyoke, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 49 | 51 | +4.1% |
Summary: The Holyoke real estate market had 51 homes for sale in March 2024, a 4.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The Holyoke housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Holyoke, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Holyoke in March 2024, up by 16.7% month-over-month. Of the 14 sold homes, 43% were sold under asking, 21% were sold at asking, and 36% were sold over asking.
Days on Market for Holyoke, MA
How long does it take to sell a home in Holyoke, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 37 Days | 36 Days | -2.4% |
Summary: Homes in Holyoke had an average of 36 days on market in Mar 2024, down by 2.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Holyoke are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 14 homes were sold in Holyoke; 50% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
