Is South Dartmouth, 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, South Dartmouth was a Seller's Market.
Key Takeaway
South Dartmouth is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Dartmouth, MA
How much do homes in South Dartmouth, MA cost?
Median Sold Price
$612,500
$345/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in South Dartmouth have sold for 14.5% more than they did a year ago.
Summary: The median home sold price in South Dartmouth was $612,500 in April 2024, up 14.5% from last year, and the median price per square foot was $345.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $850K | $375K | -55.9% |
| 2 Bedrooms | $429K | $390K | -9.1% |
| 3 Bedrooms | $500K | $560K | +12.0% |
| 4 Bedrooms | $1.0M | $581.2K | -45.2% |
| 5+ Bedrooms | $985K | $1.9M | +98.6% |
Summary: South Dartmouth housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.9%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 45.2%, and 5+ bedroom homes increased by 98.6%.
Median Sold Price Compared To Nearby Cities
| South Dartmouth | $535K | $612.5K | +14.5% |
| New Bedford | $375.1K | $418.2K | +11.5% |
| Westport | $605K | $669.5K | +10.7% |
| Dartmouth | $503.2K | $540K | +7.3% |
| North Dartmouth | $486K | $500K | +2.9% |
Housing Supply in South Dartmouth, MA
How many homes are available in South Dartmouth, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 28 | +21.7% |
Summary: The South Dartmouth real estate market had 28 homes for sale in April 2024, a 21.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 0 | 5 | +100.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The South Dartmouth housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in South Dartmouth, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in South Dartmouth in April 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 39 Days | 30 Days | -22.9% |
Summary: Homes in South Dartmouth had an average of 30 days on market in Apr 2024, down by 22.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in South Dartmouth has remained consistent over time.
Summary: During April 2024, 3 homes were sold in South Dartmouth; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
