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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Millbury is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Millbury, MA cost?

Median Sold Price

$418,000

$254/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$48,000(+13.0%)

Key Takeaway

Homes in Millbury have sold for 13% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $330K-
N/A
2 $315.2K$330.5K
+4.8%
3 $350K$405.7K
+15.9%
4 $410K$475K
+15.9%
5+ $450K$447.5K
-0.6%

Median Sold Price Compared To Nearby Cities

Millbury
+13.0%
Sutton
+12.0%
Auburn
+6.7%
North Grafton
+6.4%
Grafton
+2.5%

How many homes are available in Millbury, MA?

Number of Homes For Sale

Aug 2022Sep 2022%
5544-20.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 22
0.0%
2 149
-35.7%
3 2625
-3.8%
4 105
-50.0%
5+ 33
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
1310-23.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Millbury, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Average Sale Time

Sep 2021Sep 2022%
23 Days22 Days-3.7%

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Millbury 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 Millbury, MA

Millbury, MA has 44 homes for sale to choose from. Between August 2022 and September 2022, Millbury, MA real estate market has seen decrease in the number of listings by 20%. In September 2022, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $418,000. Real estate listing prices changed between August 2022 and September 2022: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 4.8%, prices of 3 bedrooms properties went up by 15.9%, 4 bedrooms properties prices increased by 15.9%, prices of 5 bedrooms properties decreased by 0.6%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, 2 bedrooms homes became 35.7% less available, number of 3 bedrooms homes decreased by 3.8%, 4 bedrooms homes inventory decreased by 50%, volume of 5 bedrooms homes stayed the same. In September 2022, from all listings sold in Millbury, MA there were more than 8 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price.

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