$4,453 Closing Credit*
$375,000
1,364 SqFt
3 Beds
•2 Full Baths
#73298793, Kyle Seyboth, Listing Office: Century 21 The Seyboth Team
Is Northbridge, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
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.
Housing Prices in Northbridge, MA
How much do homes in Northbridge, MA cost?
Median Sold Price
$470,500
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$33,597(-6.7%)
Key Takeaway
Homes in Northbridge have sold for 6.7% less than they did a year ago.
Summary: The median home sold price in Northbridge was $470,500 in September 2024, down 6.7% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $308K | +31.1% |
| 2 Bedrooms | $344.9K | $342.5K | -0.7% |
| 3 Bedrooms | $435K | $469.9K | +8.0% |
| 4 Bedrooms | $665K | $680K | +2.3% |
| 5+ Bedrooms | $420K | $580K | +38.1% |
Summary: Northbridge housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.1%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 38.1%.
Housing Supply in Northbridge, MA
How many homes are available in Northbridge, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 54 | 52 | -3.7% |
Summary: The Northbridge real estate market had 52 homes for sale in September 2024, a 3.7% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 20 | 24 | +20.0% |
| 4 Bedrooms | 16 | 12 | -25.0% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Northbridge housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 19 | 13 | -31.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northbridge, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Northbridge in September 2024, down by 31.6% month-over-month. Of the 13 sold homes, 62% were sold under asking, 23% were sold at asking, and 15% were sold over asking.
Days on Market for Northbridge, MA
How long does it take to sell a home in Northbridge, MA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 17 Days | 29 Days | +72.4% |
Summary: Homes in Northbridge had an average of 29 days on market in Sep 2024, up by 72.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Northbridge are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 13 homes were sold in Northbridge; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
