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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Millville is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Millville was a Seller's Market.

Key Takeaway

Millville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Millville, MA

How much do homes in Millville, MA cost?

Median Sold Price

$469,500

$235/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$94,500(+25.2%)

Key Takeaway

Homes in Millville have sold for 25.2% more than they did a year ago.

Summary: The median home sold price in Millville was $469,500 in March 2024, up 25.2% from last year, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $285K$320K
+12.3%
3 $345K$469.5K
+36.1%
4 $534K$664K
+24.3%
5+ $410K$480K
+17.1%

Summary: Millville 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 12.3%, 3 bedroom homes increased by 36.1%, 4 bedroom homes increased by 24.3%, and 5+ bedroom homes increased by 17.1%.

Median Sold Price Compared To Nearby Cities

Millville
+25.2%
North Smithfield
+0.6%
Blackstone
-0.6%

Housing Supply in Millville, MA

How many homes are available in Millville, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
118-27.3%

Summary: The Millville real estate market had 8 homes for sale in March 2024, a 27.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 32
-33.3%
4 32
-33.3%
5+ 22
0.0%

Summary: The Millville 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 33.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Millville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Millville in March 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Millville, MA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
80 Days12 Days-85.1%

Summary: Homes in Millville had an average of 12 days on market in Mar 2024, down by 85.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 1 homes were sold in Millville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in Millville, MA

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