Is Newton Centre, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Newton Centre was a Seller's Market.
Key Takeaway
Newton Centre is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Newton Centre, MA
How much do homes in Newton Centre, MA cost?
Median Sold Price
$1,850,000
$629/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Newton Centre have sold for 4.5% less than they did a year ago.
Summary: The median home sold price in Newton Centre was $1,850,000 in April 2024, down 4.5% from last year, and the median price per square foot was $629.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $455K | - | N/A |
| 2 Bedrooms | $865K | $945K | +9.2% |
| 3 Bedrooms | $1.3M | $1.3M | -4.8% |
| 4 Bedrooms | $1.9M | $1.6M | -13.6% |
| 5+ Bedrooms | $2.3M | $2.2M | -6.1% |
Summary: Newton Centre housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.2%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes decreased by 6.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Thompsonville | $1.3M | $1.6M | +22.4% |
| Newtonville | $1.3M | $1.4M | +10.7% |
| Newton Highlands | $1.3M | $1.4M | +6.3% |
| Newton Corner | $1.4M | $1.4M | +1.2% |
| Newton Centre | $1.9M | $1.8M | -4.5% |
Housing Supply in Newton Centre, MA
How many homes are available in Newton Centre, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 16 | +45.5% |
Summary: The Newton Centre real estate market had 16 homes for sale in April 2024, a 45.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Newton Centre housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newton Centre, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Newton Centre in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Newton Centre, MA
How long does it take to sell a home in Newton Centre, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 20 Days | 52 Days | +152.4% |
Summary: Homes in Newton Centre had an average of 52 days on market in Apr 2024, up by 152.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Newton Centre has remained consistent over time.
Summary: During April 2024, 1 homes were sold in Newton Centre; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
