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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rowley is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Rowley, MA cost?

Median Sold Price

$729,000

$307/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$110,000(+17.8%)

Key Takeaway

Homes in Rowley have sold for 17.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 -$340K
N/A
2 $325K$600K
+84.6%
3 $602K$686.5K
+14.0%
4 $832K$840K
+1.0%
5+ $640K$750K
+17.2%

Median Sold Price Compared To Nearby Cities

Byfield
+40.9%
Newbury
+20.2%
Rowley
+17.8%
Georgetown
+13.0%
Ipswich
+4.8%

How many homes are available in Rowley, MA?

Number of Homes For Sale

Aug 2022Sep 2022%
2023+15.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 12
+100.0%
2 78
+14.3%
3 68
+33.3%
4 54
-20.0%
5+ 11
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
68+33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rowley, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
31 Days57 Days+83.3%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Rowley, MA

Homes for sale in Rowley, MA have reached 23. The inventory of homes for sale in Rowley, MA between August 2022 and September 2022 increased by 15%. While the average time on the market in September 2022 was 57 days, the median list price was $729,000. Real estate listing prices changed between August 2022 and September 2022: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 84.6% more expensive, prices of 3 bedrooms properties went up by 14%, the cost of 4 bedrooms properties went up by 1%, prices of 5 bedrooms properties increased by 17.2%. Volume of homes for sale changed: 1 bedroom homes became 100% more available, the quantity of 2 bedrooms homes went up by 14.3%, 3 bedrooms homes inventory increased by 33.3%, number of 4 bedrooms homes decreased by 20%, number of 5 bedrooms homes remained the same. Over 3 listings were sold over their listed price in September 2022 in Rowley, MA. In the same period over 4 listings were sold below the listed price and 1 listings were sold for the listed price.

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