Is Thompsonville, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Thompsonville was a Neutral Market.
Key Takeaway
Thompsonville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Thompsonville, MA
How much do homes in Thompsonville, MA cost?
Median Sold Price
$1,680,000
$534/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Thompsonville have sold for 22.4% more than they did a year ago.
Summary: The median home sold price in Thompsonville was $1,680,000 in April 2024, up 22.4% from last year, and the median price per square foot was $534.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $425K | N/A |
| 2 Bedrooms | $750K | $678.7K | -9.5% |
| 3 Bedrooms | $1.2M | $1.4M | +23.8% |
| 4 Bedrooms | $1.3M | $1.6M | +19.9% |
| 5+ Bedrooms | $1.5M | $2.0M | +33.8% |
Summary: Thompsonville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.5%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 19.9%, and 5+ bedroom homes increased by 33.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Thompsonville | $1.3M | $1.6M | +22.4% |
| Oak Hill | $1.8M | $2.2M | +18.5% |
| Newton Highlands | $1.3M | $1.4M | +6.3% |
| Chestnut Hill | $1.1M | $1.2M | +6.3% |
| Newton Centre | $1.9M | $1.8M | -4.5% |
Housing Supply in Thompsonville, MA
How many homes are available in Thompsonville, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The Thompsonville real estate market had 15 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Thompsonville housing inventory by bedroom type for April 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Thompsonville, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Thompsonville in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Thompsonville, MA
How long does it take to sell a home in Thompsonville, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 11 Days | 8 Days | -21.2% |
Summary: Homes in Thompsonville had an average of 8 days on market in Apr 2024, down by 21.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Thompsonville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Thompsonville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
