Is Leominster, MA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Leominster is a seller's market


Difference Since February 2023

Since last year, Leominster has remained a Seller's Market.

Key Takeaway

Leominster is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Leominster, MA

How much do homes in Leominster, MA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since February 2023


Key Takeaway

Homes in Leominster have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in Leominster was $415,000 in February 2024, up 6.4% from last year, and the median price per square foot was $250.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $192K$225K
2 $269K$285K
3 $405K$440K
4 $472.5K$490K
5+ $518K$550K

Summary: Leominster housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.2%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 6.2%.

Median Sold Price Compared To Nearby Cities


Housing Supply in Leominster, MA

How many homes are available in Leominster, MA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE

Summary: The Leominster real estate market had 85 homes for sale in February 2024, a 7.6% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 85
2 1519
3 2629
4 1511
5+ 1521

Summary: The Leominster housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 37.5%, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leominster, you could pay more than the asking price. 47.4% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in Leominster in February 2024, down by 24.0% month-over-month. Of the 19 sold homes, 26% were sold under asking, 26% were sold at asking, and 47% 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

Feb 2023Feb 2024CHANGE
29 Days28 Days-5.3%

Summary: Homes in Leominster had an average of 28 days on market in Feb 2024, down by 5.3% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Leominster are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 19 homes were sold in Leominster; 68% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in Leominster, MA

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