Is Sturbridge, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
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.
Housing Prices in Sturbridge, MA
How much do homes in Sturbridge, MA cost?
Median Sold Price
$451,000
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Sturbridge have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Sturbridge was $451,000 in April 2024, up 3.4% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $249.9K | -7.4% |
| 2 Bedrooms | $333K | $330K | -0.9% |
| 3 Bedrooms | $440K | $438.5K | -0.3% |
| 4 Bedrooms | $533.5K | $550K | +3.1% |
| 5+ Bedrooms | $520K | $662.5K | +27.4% |
Summary: Sturbridge housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.4%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 27.4%.
Median Sold Price Compared To Nearby Cities
| Southbridge | $325K | $354K | +8.9% |
| Southbridge Town | $325K | $354K | +8.9% |
| Sturbridge | $436K | $451K | +3.4% |
| Holland | $335K | $325K | -3.0% |
Housing Supply in Sturbridge, MA
How many homes are available in Sturbridge, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 22 | -4.3% |
Summary: The Sturbridge real estate market had 22 homes for sale in April 2024, a 4.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 7 | 2 | -71.4% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Sturbridge housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 71.4%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sturbridge, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Sturbridge in April 2024, down by 54.5% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Sturbridge, MA
How long does it take to sell a home in Sturbridge, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 59 Days | 86 Days | +44.4% |
Summary: Homes in Sturbridge had an average of 86 days on market in Apr 2024, up by 44.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sturbridge has remained consistent over time.
Summary: During April 2024, 5 homes were sold in Sturbridge; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
