Is Middleborough, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Middleborough has remained a Seller's Market.
Key Takeaway
Middleborough is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middleborough, MA
How much do homes in Middleborough, MA cost?
Median Sold Price
$515,000
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Middleborough have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Middleborough was $515,000 in April 2024, up 6.5% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | - | N/A |
| 2 Bedrooms | $389.4K | $365K | -6.3% |
| 3 Bedrooms | $475K | $515K | +8.4% |
| 4 Bedrooms | $600K | $598.7K | -0.2% |
| 5+ Bedrooms | $550K | $560K | +1.8% |
Summary: Middleborough housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 8.4%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 1.8%.
Median Sold Price Compared To Nearby Cities
| East Taunton | $432.5K | $475K | +9.8% |
| Lakeville | $510K | $550K | +7.8% |
| Middleborough | $483.5K | $515K | +6.5% |
| Middleboro | $483.5K | $515K | +6.5% |
| Bridgewater | $550K | $566K | +2.9% |
Housing Supply in Middleborough, MA
How many homes are available in Middleborough, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 60 | 56 | -6.7% |
Summary: The Middleborough real estate market had 56 homes for sale in April 2024, a 6.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 14 | +27.3% |
| 3 Bedrooms | 28 | 28 | 0.0% |
| 4 Bedrooms | 16 | 9 | -43.8% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Middleborough housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 27.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 43.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 14 | -30.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middleborough, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Middleborough in April 2024, down by 30.0% month-over-month. Of the 14 sold homes, 36% were sold under asking, 7% were sold at asking, and 57% were sold over asking.
Days on Market for Middleborough, MA
How long does it take to sell a home in Middleborough, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 43 Days | 30 Days | -29.9% |
Summary: Homes in Middleborough had an average of 30 days on market in Apr 2024, down by 29.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Middleborough are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in Middleborough; 86% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
