Is Vineyard Haven, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vineyard Haven is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, Vineyard Haven has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Vineyard Haven, MA

How much do homes in Vineyard Haven, MA cost?

Median Sold Price

$1,425,000

$798/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$225,000(+18.8%)

Key Takeaway

Homes in Vineyard Haven have sold for 18.8% more than they did a year ago.

Summary: The median home sold price in Vineyard Haven was $1,425,000 in April 2024, up 18.8% from last year, and the median price per square foot was $798.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $1.1M-
N/A
2 $835K$887.5K
+6.3%
3 $1.0M$1.2M
+16.6%
4 $1.6M$1.6M
+1.5%
5+ $2.8M$3.1M
+11.7%

Summary: Vineyard Haven 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 increased by 6.3%, 3 bedroom homes increased by 16.6%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 11.7%.

Housing Supply in Vineyard Haven, MA

How many homes are available in Vineyard Haven, MA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
18180.0%

Summary: The Vineyard Haven real estate market had 18 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 67
+16.7%
4 64
-33.3%
5+ 22
0.0%

Summary: The Vineyard Haven 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 25%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was 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 Vineyard Haven, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Vineyard Haven in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Vineyard Haven, MA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
127 Days96 Days-24.4%

Summary: Homes in Vineyard Haven had an average of 96 days on market in Apr 2024, down by 24.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Vineyard Haven are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Vineyard Haven; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 3 Days Ago

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