Is Leominster, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Leominster has remained a Seller's Market.
Housing Prices in Leominster, MA
How much do homes in Leominster, MA cost?
Median Sold Price
$425,533
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Leominster was $425,533 in June 2024, up 7.3% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $228.2K | +14.1% |
2 Bedrooms | $275K | $295K | +7.3% |
3 Bedrooms | $420K | $447.5K | +6.5% |
4 Bedrooms | $467.5K | $510K | +9.1% |
5+ Bedrooms | $519K | $564.2K | +8.7% |
Summary: Leominster housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.1%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 8.7%.
Housing Supply in Leominster, MA
How many homes are available in Leominster, MA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
102 | 96 | -5.9% |
Summary: The Leominster real estate market had 96 homes for sale in June 2024, a 5.9% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 23 | 22 | -4.3% |
3 Bedrooms | 39 | 41 | +5.1% |
4 Bedrooms | 21 | 17 | -19.0% |
5+ Bedrooms | 15 | 11 | -26.7% |
Summary: The Leominster housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes decreased by 26.7%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
34 | 31 | -8.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Leominster in June 2024, down by 8.8% month-over-month. Of the 31 sold homes, 16% were sold under asking, 6% were sold at asking, and 77% were sold over asking.
Days on Market for Leominster, MA
How long does it take to sell a home in Leominster, MA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
19 Days | 27 Days | +39.8% |
Summary: Homes in Leominster had an average of 27 days on market in Jun 2024, up by 39.8% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 31 homes were sold in Leominster; 77% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.