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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Monson is a neutral's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

Monson is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Monson, MA cost?

Median Sold Price

$315,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$15,000(+5.0%)

Key Takeaway

Homes in Monson have sold for 5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 -$242.5K
N/A
2 $222.4K$229.2K
+3.1%
3 $300K$269K
-10.3%
4 $325.6K$377.5K
+15.9%
5+ $450K$410K
-8.9%

Median Sold Price Compared To Nearby Cities

Brimfield
+9.9%
Wilbraham
+8.9%
Palmer
+7.8%
Palmer Town
+6.0%
Monson
+5.0%

How many homes are available in Monson, MA?

Number of Homes For Sale

Aug 2022Sep 2022%
3735-5.4%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 43
-25.0%
3 1415
+7.1%
4 129
-25.0%
5+ 78
+14.3%

Number of Homes Sold

Aug 2022Sep 2022%
115-54.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Monson, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
15 Days20 Days+30.8%

Breakdown of Home Sale Times

4 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 Monson 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 Monson, MA

Homes for sale in Monson, MA have reached 35. Between August 2022 and September 2022, Monson, MA real estate market has seen decrease in the number of listings by 5.4%. In September 2022 median list price was $315,000 and the average listing age was 20 days. Between August 2022 and September 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 3.1% more expensive, prices of 3 bedrooms properties decreased by 10.3%, prices of 4 bedrooms properties increased by 15.9%, prices of 5 bedrooms properties went down by 8.9%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, number of 2 bedrooms homes decreased by 25%, volume of 3 bedrooms homes went up by 7.1%, volume of 4 bedrooms homes went down by 25%, the quantity of 5 bedrooms homes went up by 14.3%. In September 2022, from all listings sold in Monson, MA there were more than 1 sold above asking price, over 2 sold below and more than 2 were sold right at the asked price.

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