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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northbridge is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Northbridge, MA cost?

Median Sold Price

$440,000

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$60,000(+15.8%)

Key Takeaway

Homes in Northbridge have sold for 15.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $199K-
N/A
2 $320K$325.1K
+1.6%
3 $350K$430K
+22.9%
4 $513K$605K
+17.9%
5+ $419K$435K
+3.8%

Median Sold Price Compared To Nearby Cities

Whitinsville
+18.5%
Northbridge
+15.8%
Sutton
+12.0%
South Grafton
+6.3%
Uxbridge
+6.0%

How many homes are available in Northbridge, MA?

Number of Homes For Sale

Aug 2022Sep 2022%
7052-25.7%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 128
-33.3%
3 2519
-24.0%
4 2517
-32.0%
5+ 88
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
2414-41.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northbridge, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Average Sale Time

Sep 2021Sep 2022%
19 Days27 Days+41.9%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Northbridge, MA

Northbridge, MA has 52 homes for sale to choose from. Between August 2022 and September 2022, Northbridge, MA real estate market has seen decrease in the number of listings by 25.7%. In September 2022, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $440,000. Listing prices have changed in this real estate market between August 2022 and September 2022: 1 bedroom properties prices increased by 0%, the cost of 2 bedrooms properties went up by 1.6%, 3 bedrooms properties became 22.9% more expensive, prices of 4 bedrooms properties increased by 17.9%, 5 bedrooms properties became 3.8% more expensive. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes went down by 33.3%, 3 bedrooms homes inventory decreased by 24%, the quantity of 4 bedrooms homes went down by 32%, the quantity of 5 bedrooms homes have not changed. While more than 8 listings in Northbridge, MA in September 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 5 were sold below.

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