Is Natick, 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, Natick has remained a Seller's Market.
Housing Prices in Natick, MA
How much do homes in Natick, MA cost?
Median Sold Price
$850,000
$435/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Natick was $850,000 in March 2024, up 3.6% from last year, and the median price per square foot was $435.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $281.5K | $320K | +13.7% |
2 Bedrooms | $550K | $597.5K | +8.6% |
3 Bedrooms | $720K | $771.3K | +7.1% |
4 Bedrooms | $1.0M | $1.0M | -2.3% |
5+ Bedrooms | $1.4M | $1.5M | +7.8% |
Summary: Natick housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.7%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 7.8%.
Median Sold Price Compared To Nearby Cities
Framingham | $596.3K | $632K | +6.0% |
Sherborn | $1.1M | $1.1M | +5.9% |
Dover | $1.7M | $1.7M | +5.1% |
Natick | $820.7K | $850K | +3.6% |
Wellesley | $1.8M | $1.8M | +1.4% |
Housing Supply in Natick, MA
How many homes are available in Natick, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
83 | 92 | +10.8% |
Summary: The Natick real estate market had 92 homes for sale in March 2024, a 10.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 17 | 13 | -23.5% |
3 Bedrooms | 21 | 27 | +28.6% |
4 Bedrooms | 24 | 30 | +25.0% |
5+ Bedrooms | 16 | 18 | +12.5% |
Summary: The Natick housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 23.5%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 24 | +71.4% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Natick in March 2024, up by 71.4% month-over-month. Of the 24 sold homes, 42% were sold under asking, 0% were sold at asking, and 58% were sold over asking.
Days on Market for Natick, MA
How long does it take to sell a home in Natick, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
18 Days | 37 Days | +102.0% |
Summary: Homes in Natick had an average of 37 days on market in Mar 2024, up by 102% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 24 homes were sold in Natick; 67% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.