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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Paxton is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Paxton, MA

How much do homes in Paxton, MA cost?

Median Sold Price

$500,000

$255/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$25,000(+5.3%)

Key Takeaway

Homes in Paxton have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Paxton was $500,000 in September 2024, up 5.3% from last year, and the median price per square foot was $255.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $370K$395K
+6.8%
3 $457.5K$469.9K
+2.7%
4 $537.5K$662.5K
+23.3%
5+ $678K$750K
+10.6%

Summary: Paxton housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 23.3%, and 5+ bedroom homes increased by 10.6%.

Median Sold Price Compared To Nearby Cities

Worcester
+10.2%
Rutland
+7.2%
Holden
+6.7%
Paxton
+5.3%
Leicester
+4.7%

Housing Supply in Paxton, MA

How many homes are available in Paxton, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1710-41.2%

Summary: The Paxton real estate market had 10 homes for sale in September 2024, a 41.2% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 83
-62.5%
4 75
-28.6%
5+ 22
0.0%

Summary: The Paxton 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 remained the same, 3 bedroom homes decreased by 62.5%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Paxton, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Paxton in September 2024, down by 55.6% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Paxton, MA

How long does it take to sell a home in Paxton, MA?

Average Sale Time

Sep 2023Sep 2024CHANGE
82 Days20 Days-75.2%

Summary: Homes in Paxton had an average of 20 days on market in Sep 2024, down by 75.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 4 homes were sold in Paxton; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 30 Days Ago

Newest Listings in Paxton, MA

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