Is Oakham, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since July 2021
At the same time last year, Oakham was a Buyer's Market.
Key Takeaway
Oakham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Oakham, MA cost?
Median Sold Price
$500,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since July 2021
+$155,000(+44.9%)
Key Takeaway
Homes in Oakham have sold for 44.9% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jul 2021 | Jul 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $312K | N/A |
| 3 Bedrooms | $329K | $502.5K | +52.7% |
| 4 Bedrooms | $397.5K | $525K | +32.1% |
| 5+ Bedrooms | $1.0M | $442.5K | -56.8%  |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Oakham | +44.9% |
| Barre | +33.3% |
| Rutland | +25.9% |
| North Brookfield | +9.0% |
How many homes are available in Oakham, MA?
Number of Homes For Sale
| Jun 2022 | Jul 2022 | % |
|---|---|---|
| 9 | 7 | -22.2% |
Homes For Sale By Bedroom Count
| # BEDS | Jun 2022 | Jul 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Number of Homes Sold
| Jun 2022 | Jul 2022 | % |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oakham, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Average Sale Time
| Jul 2021 | Jul 2022 | % |
|---|---|---|
| 44 Days | 27 Days | -37.1% |
Breakdown of Home Sale Times
2 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 Oakham are selling fast, if you're buying plan to act quickly.
