Is Townsend, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Townsend was a Seller's Market.
Housing Prices in Townsend, MA
How much do homes in Townsend, MA cost?
Median Sold Price
$457,000
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Townsend was $457,000 in February 2024, down 1.4% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $121K | $140K | +15.7% |
2 Bedrooms | $295K | $302.9K | +2.7% |
3 Bedrooms | $449.5K | $450K | 0.1% |
4 Bedrooms | $532.5K | $530.5K | -0.4% |
5+ Bedrooms | $680K | $482K | -29.1% |
Summary: Townsend housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.7%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 29.1%.
Median Sold Price Compared To Nearby Cities
Pepperell | $500K | $517.5K | +3.5% |
Townsend | $463.5K | $457K | -1.4% |
Shirley | $477.5K | $450K | -5.8% |
Housing Supply in Townsend, MA
How many homes are available in Townsend, MA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
15 | 21 | +40.0% |
Summary: The Townsend real estate market had 21 homes for sale in February 2024, a 40.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Townsend housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Townsend in February 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Townsend, MA
How long does it take to sell a home in Townsend, MA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
38 Days | 19 Days | -51.0% |
Summary: Homes in Townsend had an average of 19 days on market in Feb 2024, down by 51% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in Townsend; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.