Is Upton, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Upton has remained a Seller's Market.
Key Takeaway
Upton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Upton, MA
How much do homes in Upton, MA cost?
Median Sold Price
$661,379
$299/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Upton have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Upton was $661,379 in March 2024, up 3.1% from last year, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $328K | - | N/A |
| 2 Bedrooms | $623.2K | $667.4K | +7.1% |
| 3 Bedrooms | $600K | $586.5K | -2.3% |
| 4 Bedrooms | $747.5K | $829K | +10.9% |
| 5+ Bedrooms | $736K | $852.5K | +15.8% |
Summary: Upton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 15.8%.
Median Sold Price Compared To Nearby Cities
| Milford | $475K | $520K | +9.5% |
| Hopkinton | $815K | $878.1K | +7.8% |
| Upton | $641.2K | $661.3K | +3.1% |
| Northbridge | $468.6K | $475K | +1.4% |
| Hopedale | $540K | $494K | -8.5% |
Housing Supply in Upton, MA
How many homes are available in Upton, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Summary: The Upton real estate market had 12 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Upton housing inventory by bedroom type for March 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 decreased by 40%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Upton, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Upton in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for Upton, MA
How long does it take to sell a home in Upton, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 48 Days | 17 Days | -65.2% |
Summary: Homes in Upton had an average of 17 days on market in Mar 2024, down by 65.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Upton are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Upton; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
