Is Neponset, 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, Neponset has remained a Seller's Market.
Housing Prices in Neponset, MA
How much do homes in Neponset, MA cost?
Median Sold Price
$675,000
$493/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Neponset was $675,000 in March 2024, up 5.9% from last year, and the median price per square foot was $493.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $314K | $357.5K | +13.9% |
2 Bedrooms | $540K | $607.5K | +12.5% |
3 Bedrooms | $662.5K | $712.5K | +7.5% |
4 Bedrooms | $865K | $749.5K | -13.4% |
5+ Bedrooms | $1.0M | $1.0M | -2.4% |
Summary: Neponset housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.9%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 13.4%, and 5+ bedroom homes decreased by 2.4%.
Median Sold Price Compared To Nearby Neighborhoods
Neponset | $637.5K | $675K | +5.9% |
Dorchester | $690K | $690K | 0.0% |
Ashmont | $677.5K | $625K | -7.7% |
Housing Supply in Neponset, MA
How many homes are available in Neponset, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 15 | -11.8% |
Summary: The Neponset real estate market had 15 homes for sale in March 2024, a 11.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Neponset housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Neponset in March 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Neponset, MA
How long does it take to sell a home in Neponset, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
56 Days | 43 Days | -23.0% |
Summary: Homes in Neponset had an average of 43 days on market in Mar 2024, down by 23% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Neponset; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.