Is Sturbridge, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sturbridge is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Sturbridge, MA cost?

Median Sold Price

$435,000

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$37,050(+9.3%)

Key Takeaway

Homes in Sturbridge have sold for 9.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $181.7K$347.5K
+91.2%
2 $269.9K$357K
+32.3%
3 $360K$420K
+16.7%
4 $481K$500K
+4.0%
5+ $460K$734.5K
+59.7%

Median Sold Price Compared To Nearby Cities

Holland
+28.9%
Southbridge
+14.9%
Southbridge Town
+14.3%
Sturbridge
+9.3%
Fiskdale
+8.8%

How many homes are available in Sturbridge, MA?

Number of Homes For Sale

Oct 2022Nov 2022%
4634-26.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 31
-66.7%
2 57
+40.0%
3 2010
-50.0%
4 1614
-12.5%
5+ 22
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
1410-28.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sturbridge, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
26 Days25 Days-3.6%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sturbridge 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 Sturbridge, MA

Sturbridge, MA has 34 homes for sale to choose from. The number of homes for sale in Sturbridge, MA decreased by 26.1% between October 2022 and November 2022. The median list price of listings available in November 2022 was $435,000, while the average time on the real estate market was 25 days. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 91.2% more expensive, prices of 2 bedrooms properties increased by 32.3%, 3 bedrooms properties became 16.7% more expensive, 4 bedrooms properties prices increased by 4%, 5 bedrooms properties became 59.7% more expensive. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes decreased by 66.7%, number of 2 bedrooms homes increased by 40%, the quantity of 3 bedrooms homes went down by 50%, the quantity of 4 bedrooms homes went down by 12.5%, number of 5 bedrooms homes remained the same. Over 5 listings were sold over their listed price in November 2022 in Sturbridge, MA. In the same period over 3 listings were sold below the listed price and 2 listings were sold for the listed price.

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