Is Nahant, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Nahant has remained a Seller's Market.
Housing Prices in Nahant, MA
How much do homes in Nahant, MA cost?
Median Sold Price
$912,500
$492/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Nahant was $912,500 in March 2024, down 1.4% from last year, and the median price per square foot was $492.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $372K | $405K | +8.9% |
2 Bedrooms | $659.5K | $587K | -11.0% |
3 Bedrooms | $935.1K | $840K | -10.2% |
4 Bedrooms | $925K | $955K | +3.2% |
5+ Bedrooms | $1.3M | $1.6M | +29.6% |
Summary: Nahant housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes decreased by 11%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 29.6%.
Median Sold Price Compared To Nearby Cities
Lynn | $515K | $550K | +6.8% |
Nahant | $925K | $912.5K | -1.4% |
Housing Supply in Nahant, MA
How many homes are available in Nahant, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 16 | +128.6% |
Summary: The Nahant real estate market had 16 homes for sale in March 2024, a 128.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 0 | 3 | +100.0% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Nahant housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 5 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Nahant in March 2024, up by 100.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Nahant, MA
How long does it take to sell a home in Nahant, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
59 Days | 59 Days | -1.3% |
Summary: Homes in Nahant had an average of 59 days on market in Mar 2024, down by 1.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Nahant; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.