Is Nonantum, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Nonantum has remained a Seller's Market.
Key Takeaway
Nonantum is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Nonantum, MA
How much do homes in Nonantum, MA cost?
Median Sold Price
$1,110,000
$527/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Nonantum have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in Nonantum was $1,110,000 in April 2024, up 13.3% from last year, and the median price per square foot was $527.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $505K | N/A |
| 2 Bedrooms | $735.1K | $641.5K | -12.7% |
| 3 Bedrooms | $947K | $1.0M | +12.8% |
| 4 Bedrooms | $1.2M | $1.3M | +11.9% |
| 5+ Bedrooms | $1.4M | $1.6M | +9.0% |
Summary: Nonantum 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 decreased by 12.7%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 9%.
Median Sold Price Compared To Nearby Neighborhoods
| Nonantum | $980K | $1.1M | +13.3% |
| Newtonville | $1.3M | $1.4M | +10.7% |
| Newton Corner | $1.4M | $1.4M | +1.2% |
| West Newton | $1.3M | $1.2M | -8.4% |
Housing Supply in Nonantum, MA
How many homes are available in Nonantum, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 21 | +10.5% |
Summary: The Nonantum real estate market had 21 homes for sale in April 2024, a 10.5% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Nonantum 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 22.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Nonantum, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Nonantum in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Nonantum, MA
How long does it take to sell a home in Nonantum, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 30 Days | 19 Days | -34.9% |
Summary: Homes in Nonantum had an average of 19 days on market in Apr 2024, down by 34.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Nonantum are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Nonantum; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
