Is Roxbury, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Roxbury was a Seller's Market.
Key Takeaway
Roxbury is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Roxbury, MA
How much do homes in Roxbury, MA cost?
Median Sold Price
$725,000
$421/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Roxbury has remained the same since last year.
Summary: The median home sold price in Roxbury was $725,000 in April 2024, down 0.3% from last year, and the median price per square foot was $421.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $480K | $510K | +6.3% |
| 2 Bedrooms | $665K | $612.3K | -7.9% |
| 3 Bedrooms | $674K | $640K | -5.0% |
| 4 Bedrooms | $695K | $800K | +15.1% |
| 5+ Bedrooms | $980K | $950K | -3.1% |
Summary: Roxbury housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes decreased by 3.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Dudley Square | $671.2K | $741.5K | +10.5% |
| Egleston Square | $735K | $792K | +7.8% |
| Hyde Square | $722.5K | $750K | +3.8% |
| Roxbury | $727.5K | $725K | -0.3% |
Housing Supply in Roxbury, MA
How many homes are available in Roxbury, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 90 | 118 | +31.1% |
Summary: The Roxbury real estate market had 118 homes for sale in April 2024, a 31.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 23 | +76.9% |
| 2 Bedrooms | 21 | 36 | +71.4% |
| 3 Bedrooms | 22 | 18 | -18.2% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 27 | 32 | +18.5% |
Summary: The Roxbury housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 76.9%, 2 bedroom homes increased by 71.4%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 18.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 19 | +46.2% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Roxbury, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Roxbury in April 2024, up by 46.2% month-over-month. Of the 19 sold homes, 63% were sold under asking, 21% were sold at asking, and 16% were sold over asking.
Days on Market for Roxbury, MA
How long does it take to sell a home in Roxbury, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 58 Days | 73 Days | +25.7% |
Summary: Homes in Roxbury had an average of 73 days on market in Apr 2024, up by 25.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Roxbury are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 19 homes were sold in Roxbury; 53% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
