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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nahant is a buyer's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Nahant, MA cost?

Median Sold Price

$948,000

$489/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$158,000(+20.0%)

Key Takeaway

Homes in Nahant have sold for 20% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $245K$386K
+57.6%
2 $615K$649K
+5.5%
3 $750K$949K
+26.5%
4 $820K$925K
+12.8%
5+ $1.2M$1.2M
+3.1%

Median Sold Price Compared To Nearby Cities

Nahant
+20.0%
Lynn
+7.1%

How many homes are available in Nahant, MA?

Number of Homes For Sale

Oct 2022Nov 2022%
1415+7.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 11
0.0%
2 11
0.0%
3 78
+14.3%
4 22
0.0%
5+ 33
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
02+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nahant, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Average Sale Time

Nov 2021Nov 2022%
40 Days26 Days-33.8%

Breakdown of Home Sale Times

1 Home Was 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 Nahant 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 Nahant, MA

Homes for sale in Nahant, MA have reached 15. The number of homes for sale in Nahant, MA increased by 7.1% between October 2022 and November 2022. Listings spent 26 days on the market in November 2022, and had a median list price of $948,000 during the same period. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 57.6%, prices of 2 bedrooms properties went up by 5.5%, the cost of 3 bedrooms properties went up by 26.5%, prices of 4 bedrooms properties increased by 12.8%, 5 bedrooms properties prices increased by 3.1%. Volume of homes for sale changed: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory did not change, volume of 3 bedrooms homes went up by 14.3%, 4 bedrooms homes inventory did not change, the quantity of 5 bedrooms homes have not changed. Over 1 listings were sold over their listed price in November 2022 in Nahant, MA. In the same period over 0 listings were sold below the listed price and 1 listings were sold for the listed price.

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