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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Templeton is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Templeton was a Seller's Market.

Key Takeaway

Templeton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Templeton, MA

How much do homes in Templeton, MA cost?

Median Sold Price

$360,000

$239/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$23,400(-6.1%)

Key Takeaway

Homes in Templeton have sold for 6.1% less than they did a year ago.

Summary: The median home sold price in Templeton was $360,000 in February 2024, down 6.1% from last year, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $110K$217.5K
+97.7%
2 $255K$296.5K
+16.3%
3 $421.8K$369.5K
-12.4%
4 $364K$394.4K
+8.4%
5+ $435K$352.5K
-19.0%

Summary: Templeton housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 97.7%, 2 bedroom homes increased by 16.3%, 3 bedroom homes decreased by 12.4%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes decreased by 19%.

Median Sold Price Compared To Nearby Cities

Gardner
+12.4%
Templeton
-6.1%

Housing Supply in Templeton, MA

How many homes are available in Templeton, MA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2022+10.0%

Summary: The Templeton real estate market had 22 homes for sale in February 2024, a 10.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 1211
-8.3%
4 66
0.0%
5+ 12
+100.0%

Summary: The Templeton housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
91-88.9%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Templeton, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Templeton in February 2024, down by 88.9% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Templeton, MA

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

Average Sale Time

Feb 2023Feb 2024CHANGE
47 Days55 Days+15.8%

Summary: Homes in Templeton had an average of 55 days on market in Feb 2024, up by 15.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Templeton has remained consistent over time.

Summary: During February 2024, 1 homes were sold in Templeton; 0% of homes were sold within 30 days, 100% 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 1 Day Ago

Newest Listings in Templeton, MA

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