$5,105 Closing Credit*
$429,900
1,744 SqFt
3 Beds
•2 Full Baths
#73291622, Erin Fontaine Brunelle, Listing Office: Real Broker MA, LLC
Is Holyoke, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 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
$299,950
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$21,387(+7.7%)
Key Takeaway
Homes in Holyoke have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Holyoke was $299,950 in August 2024, up 7.7% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $127K | $140K | +10.2% |
| 2 Bedrooms | $249.7K | $210K | -15.9% |
| 3 Bedrooms | $285K | $284.5K | -0.2% |
| 4 Bedrooms | $259K | $315K | +21.6% |
| 5+ Bedrooms | $352.5K | $356K | +1.0% |
Summary: Holyoke housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes decreased by 15.9%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes increased by 1%.
Median Sold Price Compared To Nearby Cities
| South Hadley | $333K | $375K | +12.6% |
| Holyoke | $278.5K | $299.9K | +7.7% |
| Easthampton Town | $375K | $400K | +6.7% |
| Chicopee | $275K | $286.9K | +4.4% |
| Southampton | $440K | $430K | -2.3% |
Housing Supply in Holyoke, MA
How many homes are available in Holyoke, MA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 77 | 65 | -15.6% |
Summary: The Holyoke real estate market had 65 homes for sale in August 2024, a 15.6% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 17 | 8 | -52.9% |
| 3 Bedrooms | 30 | 25 | -16.7% |
| 4 Bedrooms | 12 | 15 | +25.0% |
| 5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The Holyoke housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 52.9%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 28 | 18 | -35.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Holyoke, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Holyoke in August 2024, down by 35.7% month-over-month. Of the 18 sold homes, 28% were sold under asking, 6% were sold at asking, and 67% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 22 Days | 24 Days | +9.5% |
Summary: Homes in Holyoke had an average of 24 days on market in Aug 2024, up by 9.5% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Holyoke are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 18 homes were sold in Holyoke; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
