Is Osterville, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Osterville was a Neutral Market.
Key Takeaway
Osterville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Osterville, MA
How much do homes in Osterville, MA cost?
Median Sold Price
$892,500
$530/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Osterville have sold for 36.3% less than they did a year ago.
Summary: The median home sold price in Osterville was $892,500 in March 2024, down 36.3% from last year, and the median price per square foot was $530.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $214.9K | - | N/A |
| 2 Bedrooms | $501K | $599.9K | +19.7% |
| 3 Bedrooms | $950K | $935K | -1.6% |
| 4 Bedrooms | $2.1M | $1.5M | -26.9% |
| 5+ Bedrooms | $3.8M | $3.9M | +2.9% |
Summary: Osterville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.7%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 26.9%, and 5+ bedroom homes increased by 2.9%.
Median Sold Price Compared To Nearby Cities
| Cotuit | $750K | $872.5K | +16.3% |
| Centerville | $589K | $655K | +11.2% |
| Barnstable Town | $607.6K | $630.5K | +3.8% |
| Marstons Mills | $639K | $610K | -4.5% |
| Osterville | $1.4M | $892.5K | -36.3% |
Housing Supply in Osterville, MA
How many homes are available in Osterville, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 22 | +15.8% |
Summary: The Osterville real estate market had 22 homes for sale in March 2024, a 15.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The Osterville housing inventory by bedroom type for March 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 20%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Osterville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Osterville in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Osterville, MA
How long does it take to sell a home in Osterville, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 7 Days | 51 Days | +605.7% |
Summary: Homes in Osterville had an average of 51 days on market in Mar 2024, up by 605.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Osterville are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Osterville; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
