Is South Dartmouth, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Dartmouth is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in South Dartmouth, MA

How much do homes in South Dartmouth, MA cost?

Median Sold Price

$600,000

$346/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$60,000(+11.1%)

Key Takeaway

Homes in South Dartmouth have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in South Dartmouth was $600,000 in March 2024, up 11.1% from last year, and the median price per square foot was $346.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $850K$375K
-55.9%
2 $399.5K$390K
-2.4%
3 $500K$585K
+17.0%
4 $1.1M$545K
-53.5%
5+ $1.0M$2.1M
+119.5%

Summary: South Dartmouth housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.9%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 17%, 4 bedroom homes decreased by 53.5%, and 5+ bedroom homes increased by 119.5%.

Median Sold Price Compared To Nearby Cities

Westport
+13.1%
South Dartmouth
+11.1%
New Bedford
+9.3%
Dartmouth
+5.9%
North Dartmouth
+2.4%

Housing Supply in South Dartmouth, MA

How many homes are available in South Dartmouth, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2122+4.8%

Summary: The South Dartmouth real estate market had 22 homes for sale in March 2024, a 4.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 12
+100.0%
2 00
0.0%
3 78
+14.3%
4 86
-25.0%
5+ 56
+20.0%

Summary: The South Dartmouth housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Dartmouth, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in South Dartmouth in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for South Dartmouth, MA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
76 Days19 Days-74.6%

Summary: Homes in South Dartmouth had an average of 19 days on market in Mar 2024, down by 74.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 6 homes were sold in South Dartmouth; 83% of homes were sold within 30 days, 17% 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 24 Days Ago

Newest Listings in South Dartmouth, MA

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