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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middleborough is a seller's market

Buyer's
Market

Difference Since May 2021

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.

How much do homes in Middleborough, MA cost?

Median Sold Price

$449,912

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$69,245(+18.2%)

Key Takeaway

Homes in Middleborough have sold for 18.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $240.5K$160K
-33.5%
2 $301K$351K
+16.6%
3 $375K$449.9K
+20.0%
4 $445.5K$535K
+20.1%
5+ $505K$525K
+4.0%

Median Sold Price Compared To Nearby Cities

Middleborough
+18.2%
Middleboro
+17.5%
East Taunton
+13.7%
Lakeville
+13.6%
Bridgewater
+10.5%

How many homes are available in Middleborough, MA?

Number of Homes For Sale

Apr 2022May 2022%
8486+2.4%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 11
0.0%
2 1211
-8.3%
3 5050
0.0%
4 1313
0.0%
5+ 811
+37.5%

Number of Homes Sold

Apr 2022May 2022%
24240.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middleborough, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
24 Days39 Days+62.6%

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Middleborough 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 Middleborough, MA

Middleborough, MA has 86 homes on the market. Between April 2022 and May 2022, Middleborough, MA real estate market has seen increase in the number of listings by 2.4%. The median list price of listings available in May 2022 was $449,912, while the average time on the real estate market was 39 days. Between April 2022 and May 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went down by 33.5%, the cost of 2 bedrooms properties went up by 16.6%, prices of 3 bedrooms properties went up by 20%, the cost of 4 bedrooms properties went up by 20.1%, prices of 5 bedrooms properties went up by 4%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes went down by 8.3%, 3 bedrooms homes inventory did not change, the quantity of 4 bedrooms homes have not changed, number of 5 bedrooms homes increased by 37.5%. Over 18 listings were sold over their listed price in May 2022 in Middleborough, MA. In the same period over 5 listings were sold below the listed price and 1 listings were sold for the listed price.

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