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 June 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

$1,100,000

$378/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$25,000(+2.3%)

Key Takeaway

Homes in Sudbury have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Sudbury was $1,100,000 in June 2024, up 2.3% from last year, and the median price per square foot was $378.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $437.5K$532K
+21.6%
2 $682.9K$902.5K
+32.1%
3 $717.5K$875K
+22.0%
4 $1.2M$1.2M
-0.4%
5+ $1.6M$1.7M
+6.6%

Summary: Sudbury housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.6%, 2 bedroom homes increased by 32.1%, 3 bedroom homes increased by 22%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 6.6%.

Median Sold Price Compared To Nearby Cities

Stow
+17.4%
Maynard
+12.0%
Wayland
+8.9%
Concord
+5.5%
Sudbury
+2.3%

Housing Supply in Sudbury, MA

How many homes are available in Sudbury, MA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
8679-8.1%

Summary: The Sudbury real estate market had 79 homes for sale in June 2024, a 8.1% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 22
0.0%
2 68
+33.3%
3 2020
0.0%
4 3022
-26.7%
5+ 2827
-3.6%

Summary: The Sudbury housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes decreased by 3.6%.

Number of Homes Sold

May 2024Jun 2024CHANGE
1922+15.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sudbury, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in Sudbury in June 2024, up by 15.8% month-over-month. Of the 22 sold homes, 27% were sold under asking, 0% were sold at asking, and 73% 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

Jun 2023Jun 2024CHANGE
26 Days27 Days+4.1%

Summary: Homes in Sudbury had an average of 27 days on market in Jun 2024, up by 4.1% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 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 June 2024, 22 homes were sold in Sudbury; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% 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 12 Days Ago

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