April 2024

Plum Island Housing Market Report Newburyport, Essex County, Massachusetts

Report Updated 3 Days Ago

Is Plum Island, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Buyer's
Market

Difference Since Last Month

Last month, Plum Island was a Seller's Market.

Key Takeaway

Plum Island is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Plum Island, MA

How much do homes in Plum Island, MA cost?

Median Sold Price

$764,900

$561/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$39,600(-4.9%)

Key Takeaway

Homes in Plum Island have sold for 4.9% less than they did a month ago.

Summary: The median home sold price in Plum Island was $764,900 in April 2024, down 4.9% from last month, and the median price per square foot was $561.

Median Sold Price By Bedroom Count

# BEDS# BEDROOMS	Mar 2024	Apr 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	$804.5K	$764.9K	-4.9%
3 Bedrooms	-	-	N/A
4 Bedrooms	-	-	N/A
5+ Bedrooms	-	-	N/A

Summary: Plum Island housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.9%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Plum Island, MA

How many homes are available in Plum Island, MA?

Number of Homes For Sale

Mar 2024	Apr 2024	CHANGE
9	9	0.0%

Summary: The Plum Island real estate market had 9 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Mar 2024	Apr 2024	CHANGE
1 Bedroom	2	0	-100.0%
2 Bedrooms	3	3	0.0%
3 Bedrooms	2	4	+100.0%
4 Bedrooms	1	1	0.0%
5+ Bedrooms	1	1	0.0%

Summary: The Plum Island housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024	Apr 2024	CHANGE
2	1	-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Key Takeaway

If you're buying a home in Plum Island, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Plum Island in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Plum Island, MA

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

Average Sale Time

Mar 2024	Apr 2024	CHANGE
80 Days	54 Days	-32.5%

Summary: Homes in Plum Island had an average of 54 days on market in Apr 2024, down by 32.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Key Takeaway

Avg time on Rocket Homes in Plum Island has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Plum Island; 0% of homes were sold within 30 days, 100% 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 3 Days Ago

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Newest Listings in Plum Island, MA

What homes are available in Plum Island, MA?

See More Listings

2 bedrooms, 1 full bath, 1 partial house for sale

$850,000

$10,000 Closing Credit

1 Full, 1 Partial

1,192 SqFt

224 Northern Blvd, Newburyport MA, 01950

Cheryl Caldwell

Listing Office:

William Raveis Real Estate

#73232523

$649,900

Land

0.34 Acres

5 10th St, Newbury MA, 01951

Person + Person Group

Listing Office:

William Raveis Real Estate

#73232194

2 bedrooms, 2 full baths, 1 partial house for sale

$1,350,000

$10,000 Closing Credit

2 Full, 1 Partial

1,582 SqFt

7 48th St, Newbury MA, 01951

Tracy Salvi

Listing Office:

Keller Williams Realty Evolution

#73231123

$1,325,000

$10,000 Closing Credit

1,486 SqFt

4 Anchor Ave, Newbury MA, 01951

Robert Bentley

Listing Office:

RE/MAX Bentley's

#73228784

$1,425,000

$10,000 Closing Credit

1,481 SqFt

50 Old Point Rd, Newbury MA, 01951

Celine Muldowney

Listing Office:

Stone Ridge Properties, Inc.

#73228406

Backup Offers

$699,000

$8,301 Closing Credit

900 SqFt

12 Independence Way, Newbury MA, 01951

Jeff Smith

Listing Office:

Advisors Living - Merrimac

#73226466

$1,899,000

$10,000 Closing Credit

1 Full, 1 Partial

1,667 SqFt

11 Harbor St, Newburyport MA, 01950

Linda McKeehan

Listing Office:

Seas the Day Realty

#73222104

3 bedrooms, 2 full baths, 1 partial house for sale

$1,525,000

$10,000 Closing Credit

2 Full, 1 Partial

1,573 SqFt

192 Northern Blvd, Newburyport MA, 01950

Robert Bentley

Listing Office:

RE/MAX Bentley's

#73219586

$1,899,000

$10,000 Closing Credit

2,014 SqFt

7 Nancy St, Newburyport MA, 01950

Louise Murphy

Listing Office:

RE/MAX Bentley's

#73212995

$999,999

$10,000 Closing Credit

1,850 SqFt

5 Northern Blvd, Newbury MA, 01951

Vincent Godin

Listing Office:

Plum Island Properties

#73209972

$2,250,000

Land

0.28 Acres

2 Plum Island Blvd, Newbury MA, 01951

The North Shore Realty Group

Listing Office:

eXp Realty

#73185550

$1,975,000

$10,000 Closing Credit

2,134 SqFt

80 Northern Blvd, Newbury MA, 01951

The Murray Brown Group

Listing Office:

RE/MAX Beacon

#73155965

Nearby Markets to Plum Island, MA

MLS Disclaimers and Copyright

Based on information from MLS Property Information Network Inc. for the period 03/01/2024 - 05/01/2024

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
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Last updated on: 5/4/2024, 10:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.