Is Middleboro, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Middleboro has remained a Seller's Market.
Key Takeaway
Middleboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middleboro, MA
How much do homes in Middleboro, MA cost?
Median Sold Price
$525,000
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Middleboro have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in Middleboro was $525,000 in March 2024, up 9.8% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | - | N/A |
| 2 Bedrooms | $387K | $369K | -4.7% |
| 3 Bedrooms | $475K | $515K | +8.4% |
| 4 Bedrooms | $547.5K | $602.9K | +10.1% |
| 5+ Bedrooms | $560.4K | $560K | -0.1% |
Summary: Middleboro 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 decreased by 4.7%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes decreased by 0.1%.
Median Sold Price Compared To Nearby Cities
| Middleboro | $478K | $525K | +9.8% |
| Middleborough | $478K | $525K | +9.8% |
| Lakeville | $509.5K | $549.9K | +7.9% |
| East Taunton | $445K | $475K | +6.7% |
| Bridgewater | $550K | $567.3K | +3.2% |
Housing Supply in Middleboro, MA
How many homes are available in Middleboro, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 51 | 56 | +9.8% |
Summary: The Middleboro real estate market had 56 homes for sale in March 2024, a 9.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 25 | 27 | +8.0% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Middleboro 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 increased by 42.9%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 19 | +137.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middleboro, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Middleboro in March 2024, up by 137.5% month-over-month. Of the 19 sold homes, 42% were sold under asking, 26% were sold at asking, and 32% were sold over asking.
Days on Market for Middleboro, MA
How long does it take to sell a home in Middleboro, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 36 Days | 48 Days | +30.5% |
Summary: Homes in Middleboro had an average of 48 days on market in Mar 2024, up by 30.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Middleboro has remained consistent over time.
Summary: During March 2024, 19 homes were sold in Middleboro; 37% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
