Is Stow, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Stow was a Seller's Market.
Key Takeaway
Stow is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Stow, MA
How much do homes in Stow, MA cost?
Median Sold Price
$820,000
$317/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Stow have sold for 18.6% more than they did a year ago.
Summary: The median home sold price in Stow was $820,000 in March 2024, up 18.6% from last year, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $260K | - | N/A |
| 2 Bedrooms | $530K | $519K | -2.1% |
| 3 Bedrooms | $595K | $682K | +14.6% |
| 4 Bedrooms | $935.5K | $903.1K | -3.5% |
| 5+ Bedrooms | $917.5K | $1.3M | +50.4% |
Summary: Stow housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 14.6%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 50.4%.
Median Sold Price Compared To Nearby Cities
| Stow | $691.2K | $820K | +18.6% |
| Maynard | $485K | $560K | +15.5% |
| Bolton | $765K | $870K | +13.7% |
| Hudson | $529.9K | $588.5K | +11.1% |
| Boxborough | $635K | $567.5K | -10.6% |
Housing Supply in Stow, MA
How many homes are available in Stow, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Summary: The Stow real estate market had 13 homes for sale in March 2024, a 18.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Stow housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 60%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stow, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Stow in March 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Stow, MA
How long does it take to sell a home in Stow, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 36 Days | 127 Days | +250.3% |
Summary: Homes in Stow had an average of 127 days on market in Mar 2024, up by 250.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Stow are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 1 homes were sold in Stow; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
