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

Housing Market Conditions



Gauge showing Saugus is a seller's market


Difference Since January 2023

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

Key Takeaway

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

Housing Prices in Saugus, MA

How much do homes in Saugus, MA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since January 2023


Key Takeaway

Homes in Saugus have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Saugus was $600,000 in January 2024, down 1.1% from last year, and the median price per square foot was $365.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $355.5K$302K
2 $499K$485K
3 $600K$610K
4 $680K$670K
5+ $862.5K$815K

Summary: Saugus housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 5.5%.

Median Sold Price Compared To Nearby Cities


Housing Supply in Saugus, MA

How many homes are available in Saugus, MA?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE

Summary: The Saugus real estate market had 39 homes for sale in January 2024, a 15.2% decrease compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 33
2 65
3 2417
4 99
5+ 45

Summary: The Saugus housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 29.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saugus, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in Saugus in January 2024, down by 41.7% month-over-month. Of the 14 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.

Days on Market for Saugus, MA

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

Average Sale Time

Jan 2023Jan 2024CHANGE
28 Days30 Days+6.5%

Summary: Homes in Saugus had an average of 30 days on market in Jan 2024, up by 6.5% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During January 2024, 14 homes were sold in Saugus; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% 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 25 Days Ago

Newest Listings in Saugus, MA

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