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 September 2023

At the same time last year, Vineyard Haven was a Seller'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

$1,350,000

$803/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$113,000(+9.1%)

Key Takeaway

Homes in Vineyard Haven have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in Vineyard Haven was $1,350,000 in September 2024, up 9.1% from last year, and the median price per square foot was $803.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $1.1M-
N/A
2 $925K$1.0M
+17.8%
3 $1.2M$977K
-18.6%
4 $1.2M$1.5M
+25.8%
5+ $4.7M$1.5M
-68.4%

Summary: Vineyard Haven housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.8%, 3 bedroom homes decreased by 18.6%, 4 bedroom homes increased by 25.8%, and 5+ bedroom homes decreased by 68.4%.

Median Sold Price Compared To Nearby Cities

Vineyard Haven
+9.1%
Edgartown
+3.4%

Housing Supply in Vineyard Haven, MA

How many homes are available in Vineyard Haven, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4035-12.5%

Summary: The Vineyard Haven real estate market had 35 homes for sale in September 2024, a 12.5% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 33
0.0%
2 108
-20.0%
3 1715
-11.8%
4 44
0.0%
5+ 65
-16.7%

Summary: The Vineyard Haven housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Vineyard Haven in September 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% 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

Sep 2023Sep 2024CHANGE
87 Days154 Days+76.0%

Summary: Homes in Vineyard Haven had an average of 154 days on market in Sep 2024, up by 76% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Vineyard Haven are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During September 2024, 3 homes were sold in Vineyard Haven; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 30 Days Ago

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