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 neutral's market

Buyer's
Market

Difference Since June 2023

At the same time last year, South Dartmouth was a Seller's Market.

Key Takeaway

South Dartmouth 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 South Dartmouth, MA

How much do homes in South Dartmouth, MA cost?

Median Sold Price

$657,500

$358/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$120,300(+22.4%)

Key Takeaway

Homes in South Dartmouth have sold for 22.4% more than they did a year ago.

Summary: The median home sold price in South Dartmouth was $657,500 in June 2024, up 22.4% from last year, and the median price per square foot was $358.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $850K$375K
-55.9%
2 $429K$606K
+41.3%
3 $530K$595K
+12.3%
4 $925K$636.2K
-31.2%
5+ $1.3M$1.8M
+36.8%

Summary: South Dartmouth housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.9%, 2 bedroom homes increased by 41.3%, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 31.2%, and 5+ bedroom homes increased by 36.8%.

Median Sold Price Compared To Nearby Cities

South Dartmouth
+22.4%
New Bedford
+10.7%
Westport
+10.6%
Dartmouth
+9.6%
North Dartmouth
+6.0%

Housing Supply in South Dartmouth, MA

How many homes are available in South Dartmouth, MA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
3436+5.9%

Summary: The South Dartmouth real estate market had 36 homes for sale in June 2024, a 5.9% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 22
0.0%
2 78
+14.3%
3 1112
+9.1%
4 87
-12.5%
5+ 67
+16.7%

Summary: The South Dartmouth housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

May 2024Jun 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 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. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in South Dartmouth in June 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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

Jun 2023Jun 2024CHANGE
37 Days30 Days-18.1%

Summary: Homes in South Dartmouth had an average of 30 days on market in Jun 2024, down by 18.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 June 2024, 6 homes were sold in South Dartmouth; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% 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 26 Days Ago

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