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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ludlow is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Ludlow, MA cost?

Median Sold Price

$290,000

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$20,033(+7.4%)

Key Takeaway

Homes in Ludlow have sold for 7.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $73.9K$170K
+130.0%
2 $220K$250K
+13.6%
3 $273K$295K
+8.1%
4 $308K$329.9K
+7.1%
5+ $348K$341K
-2.0%

Median Sold Price Compared To Nearby Cities

Springfield
+12.4%
Chicopee
+10.7%
Wilbraham
+8.9%
Ludlow
+7.4%

How many homes are available in Ludlow, MA?

Number of Homes For Sale

Aug 2022Sep 2022%
6050-16.7%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 138
-38.5%
3 3533
-5.7%
4 127
-41.7%
5+ 02
+100.0%

Number of Homes Sold

Aug 2022Sep 2022%
2317-26.1%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ludlow, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
18 Days26 Days+44.3%

Breakdown of Home Sale Times

11 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 Ludlow are selling fast, if you're buying plan to act quickly.

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

About Ludlow, MA

Number of homes for sale in Ludlow, MA real estate market have reached 50. Between August 2022 and September 2022, Ludlow, MA real estate market has seen decrease in the number of listings by 16.7%. The median list price of listings available in September 2022 was $290,000, while the average time on the real estate market was 26 days. Between August 2022 and September 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 130%, 2 bedrooms properties prices increased by 13.6%, 3 bedrooms properties prices increased by 8.1%, 4 bedrooms properties became 7.1% more expensive, 5 bedrooms properties prices decreased by 2%. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes went down by 38.5%, the quantity of 3 bedrooms homes went down by 5.7%, volume of 4 bedrooms homes went down by 41.7%, number of 5 bedrooms homes increased by 100%. While more than 5 listings in Ludlow, MA in September 2022 were sold above asking price, there were more than 3 listings sold at asking price, and more than 9 were sold below.

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