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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maynard is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Maynard, MA

How much do homes in Maynard, MA cost?

Median Sold Price

$560,000

$333/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$75,000(+15.5%)

Key Takeaway

Homes in Maynard have sold for 15.5% more than they did a year ago.

Summary: The median home sold price in Maynard was $560,000 in March 2024, up 15.5% from last year, and the median price per square foot was $333.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $360K-
N/A
2 $420K$452.5K
+7.7%
3 $492K$570.5K
+16.0%
4 $582.5K$687K
+17.9%
5+ $502.5K$690K
+37.3%

Summary: Maynard housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 37.3%.

Median Sold Price Compared To Nearby Cities

Stow
+18.6%
Maynard
+15.5%
Acton
+10.0%
Sudbury
+0.6%
Concord
0.5%

Housing Supply in Maynard, MA

How many homes are available in Maynard, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2019-5.0%

Summary: The Maynard real estate market had 19 homes for sale in March 2024, a 5.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 911
+22.2%
4 34
+33.3%
5+ 31
-66.7%

Summary: The Maynard housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
660.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maynard, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Maynard in March 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Maynard, MA

How long does it take to sell a home in Maynard, MA?

Average Sale Time

Mar 2023Mar 2024CHANGE
41 Days31 Days-23.7%

Summary: Homes in Maynard had an average of 31 days on market in Mar 2024, down by 23.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 6 homes were sold in Maynard; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% 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 18 Days Ago

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