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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Natick is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Natick has remained a Seller's Market.

Key Takeaway

Natick is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Natick, MA

How much do homes in Natick, MA cost?

Median Sold Price

$849,983

$445/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$54,983(+6.9%)

Key Takeaway

Homes in Natick have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Natick was $849,983 in June 2024, up 6.9% from last year, and the median price per square foot was $445.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $285K$327.4K
+14.9%
2 $578K$607.5K
+5.1%
3 $695K$784.5K
+12.9%
4 $992.7K$1.0M
+10.4%
5+ $1.4M$1.5M
+6.7%

Summary: Natick housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.9%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 6.7%.

Median Sold Price Compared To Nearby Cities

Sherborn
+19.9%
Wellesley
+14.3%
Framingham
+9.8%
Natick
+6.9%
Dover
-10.0%

Housing Supply in Natick, MA

How many homes are available in Natick, MA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
144146+1.4%

Summary: The Natick real estate market had 146 homes for sale in June 2024, a 1.4% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 88
0.0%
2 2016
-20.0%
3 4651
+10.9%
4 4444
0.0%
5+ 2627
+3.8%

Summary: The Natick housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 10.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 3.8%.

Number of Homes Sold

May 2024Jun 2024CHANGE
3937-5.1%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Natick, you could pay more than the asking price. 48.6% of homes here sold above asking price last month.

Summary: A total of 37 homes were sold or pending in Natick in June 2024, down by 5.1% month-over-month. Of the 37 sold homes, 32% were sold under asking, 19% were sold at asking, and 49% 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

Jun 2023Jun 2024CHANGE
17 Days20 Days+19.9%

Summary: Homes in Natick had an average of 20 days on market in Jun 2024, up by 19.9% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 37 homes were sold in Natick; 86% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 3% 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 12 Days Ago

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