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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sudbury is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Sudbury, MA

How much do homes in Sudbury, MA cost?

Median Sold Price

$1,149,000

$383/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$99,000(+9.4%)

Key Takeaway

Homes in Sudbury have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in Sudbury was $1,149,000 in September 2024, up 9.4% from last year, and the median price per square foot was $383.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $475K$532K
+12.0%
2 $702.4K$812K
+15.6%
3 $780K$882.5K
+13.1%
4 $1.1M$1.2M
+6.4%
5+ $1.7M$1.7M
0.0%

Summary: Sudbury housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Maynard
+9.8%
Stow
+9.6%
Sudbury
+9.4%
Wayland
+6.9%
Concord
+1.5%

Housing Supply in Sudbury, MA

How many homes are available in Sudbury, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
5365+22.6%

Summary: The Sudbury real estate market had 65 homes for sale in September 2024, a 22.6% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 31
-66.7%
2 35
+66.7%
3 912
+33.3%
4 1925
+31.6%
5+ 1922
+15.8%

Summary: The Sudbury housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes increased by 15.8%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1712-29.4%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sudbury, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Sudbury in September 2024, down by 29.4% month-over-month. Of the 12 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Sudbury, MA

How long does it take to sell a home in Sudbury, MA?

Average Sale Time

Sep 2023Sep 2024CHANGE
46 Days36 Days-20.4%

Summary: Homes in Sudbury had an average of 36 days on market in Sep 2024, down by 20.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sudbury are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 12 homes were sold in Sudbury; 58% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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