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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plymouth is a seller's market

Buyer's
Market

Difference Since November 2022

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

Key Takeaway

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

Housing Prices in Plymouth, MA

How much do homes in Plymouth, MA cost?

Median Sold Price

$570,000

$326/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2022

+$20,000(+3.6%)

Key Takeaway

Homes in Plymouth have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Plymouth was $570,000 in November 2023, up 3.6% from last year, and the median price per square foot was $326.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $257.5K$419K
+62.7%
2 $455K$540K
+18.7%
3 $550K$575K
+4.5%
4 $665K$685K
+3.0%
5+ $737.5K$800K
+8.5%

Summary: Plymouth housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 62.7%, 2 bedroom homes increased by 18.7%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 8.5%.

Median Sold Price Compared To Nearby Cities

Sagamore Beach
+10.3%
East Wareham
+4.7%
Carver
+3.9%
Plymouth
+3.6%
Wareham
+1.5%

Housing Supply in Plymouth, MA

How many homes are available in Plymouth, MA?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
238219-8.0%

Summary: The Plymouth real estate market had 219 homes for sale in November 2023, a 8.0% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 88
0.0%
2 8374
-10.8%
3 10596
-8.6%
4 3533
-5.7%
5+ 78
+14.3%

Summary: The Plymouth housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10.8%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE
65650.0%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

34 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plymouth, you could pay more than the asking price. 52.3% of homes here sold above asking price last month.

Summary: A total of 65 homes were sold or pending in Plymouth in November 2023, the same as the previous month. Of the 65 sold homes, 38% were sold under asking, 9% were sold at asking, and 52% were sold over asking.

Days on Market for Plymouth, MA

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

Average Sale Time

Nov 2022Nov 2023CHANGE
39 Days37 Days-6.1%

Summary: Homes in Plymouth had an average of 37 days on market in Nov 2023, down by 6.1% compared to last year.

Breakdown of Home Sale Times

44 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2023, 65 homes were sold in Plymouth; 68% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 5% 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 7 Days Ago

Newest Listings in Plymouth, MA

Nearby Markets to Plymouth, MA

What housing markets are near Plymouth, MA?