Is South Hadley, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
| # BEDS | May 2021 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | $104.7K | $135K | +28.9% |
| 2 Bedrooms | $238K | $252.5K | +6.1% |
| 3 Bedrooms | $268K | $327.5K | +22.2% |
| 4 Bedrooms | $330.3K | $318K | -3.7%  |
| 5+ Bedrooms | $385K | $421.9K | +9.6% |
How many homes are available in South Hadley, MA?
Number of Homes For Sale
| Apr 2022 | May 2022 | % |
|---|---|---|
| 65 | 60 | -7.7% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2022 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0%  |
| 2 Bedrooms | 19 | 18 | -5.3% |
| 3 Bedrooms | 24 | 22 | -8.3% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Number of Homes Sold
| Apr 2022 | May 2022 | % |
|---|---|---|
| 18 | 15 | -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
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 2021 | May 2022 | % |
|---|---|---|
| 21 Days | 50 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
Key Takeaway
Many homes in South Hadley are selling fast, if you're buying plan to act quickly.
