Is Stow, 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, Stow was a Buyer's Market.
Key Takeaway
Stow is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stow, MA
How much do homes in Stow, MA cost?
Median Sold Price
$795,000
$321/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Stow have sold for 16.5% more than they did a year ago.
Summary: The median home sold price in Stow was $795,000 in April 2024, up 16.5% from last year, and the median price per square foot was $321.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $260K | - | N/A |
| 2 Bedrooms | $550K | $424.7K | -22.8% |
| 3 Bedrooms | $588K | $686.5K | +16.8% |
| 4 Bedrooms | $950K | $898.3K | -5.4% |
| 5+ Bedrooms | $925K | $1.4M | +56.8% |
Summary: Stow housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.8%, 3 bedroom homes increased by 16.8%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 56.8%.
Median Sold Price Compared To Nearby Cities
| Boxborough | $512.5K | $600K | +17.1% |
| Maynard | $485K | $565.5K | +16.6% |
| Stow | $682.5K | $795K | +16.5% |
| Hudson | $527.9K | $599.9K | +13.6% |
| Bolton | $770K | $870K | +13.0% |
Housing Supply in Stow, MA
How many homes are available in Stow, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 26 | +116.7% |
Summary: The Stow real estate market had 26 homes for sale in April 2024, a 116.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 6 | +100.0% |
| 3 Bedrooms | 6 | 12 | +100.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 3 | +100.0% |
Summary: The Stow 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 increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stow, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Stow in April 2024, up by 500.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 16 Days | 44 Days | +176.0% |
Summary: Homes in Stow had an average of 44 days on market in Apr 2024, up by 176% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stow are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Stow; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
