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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Hadley is a seller's market

Buyer's
Market

Difference Since May 2021

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

Key Takeaway

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

How much do homes in South Hadley, MA cost?

Median Sold Price

$309,310

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$41,310(+15.4%)

Key Takeaway

Homes in South Hadley have sold for 15.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $104.7K$135K
+28.9%
2 $238K$252.5K
+6.1%
3 $268K$327.5K
+22.2%
4 $330.3K$318K
-3.7%
5+ $385K$421.9K
+9.6%

Median Sold Price Compared To Nearby Cities

Chicopee
+15.6%
South Hadley
+15.4%
Hadley
+13.6%
Granby
+8.3%
Holyoke
+6.5%

How many homes are available in South Hadley, MA?

Number of Homes For Sale

Apr 2022May 2022%
6560-7.7%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 01
+100.0%
2 1918
-5.3%
3 2422
-8.3%
4 1211
-8.3%
5+ 108
-20.0%

Number of Homes Sold

Apr 2022May 2022%
1815-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Hadley, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
21 Days50 Days+139.0%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About South Hadley, MA

Homes for sale in South Hadley, MA have reached 60. The number of listings in South Hadley, MA decreased by 7.7% between April 2022 and May 2022. While the average time on the market in May 2022 was 50 days, the median list price was $309,310. This housing market listing prices have changed between April 2022 and May 2022: 1 bedroom properties became 28.9% more expensive, 2 bedrooms properties became 6.1% more expensive, the cost of 3 bedrooms properties went up by 22.2%, 4 bedrooms properties prices decreased by 3.7%, prices of 5 bedrooms properties increased by 9.6%. Housing inventory have changed in this real estate market: 1 bedroom homes became 100% more available, 2 bedrooms homes became 5.3% less available, volume of 3 bedrooms homes went down by 8.3%, number of 4 bedrooms homes decreased by 8.3%, 5 bedrooms homes became 20% less available. In May 2022 more than 12 listings in South Hadley, MA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 2 were sold below.

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