Is Wales, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wales is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Wales has remained a Seller's Market.

Key Takeaway

Wales is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Wales, MA cost?

Median Sold Price

$260,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$40,500(+18.5%)

Key Takeaway

Homes in Wales have sold for 18.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $13K$130K
+900.0%
2 $190.8K$195.5K
+2.4%
3 $239.5K$280K
+16.9%
4 $440K$309K
-29.8%
5+ $329.4K$356K
+8.1%

Median Sold Price Compared To Nearby Cities

Holland
+28.9%
Wales
+18.5%
Stafford Springs
+8.9%
Brimfield
+7.8%

How many homes are available in Wales, MA?

Number of Homes For Sale

Oct 2022Nov 2022%
87-12.5%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 11
0.0%
2 20
-100.0%
3 34
+33.3%
4 22
0.0%
5+ 00
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wales, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
38 Days59 Days+55.3%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Wales, MA

Wales, MA has 7 homes on the market. In November 2022 in Wales, MA there were 12.5% less homes for sale than in October 2022. In November 2022, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $260,000. Listing prices have changed in this real estate market between October 2022 and November 2022: prices of 1 bedroom properties increased by 900%, the cost of 2 bedrooms properties went up by 2.4%, the cost of 3 bedrooms properties went up by 16.9%, 4 bedrooms properties became 29.8% more cheaper, 5 bedrooms properties became 8.1% more expensive. This housing market inventory have changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 100%, volume of 3 bedrooms homes went up by 33.3%, volume of 4 bedrooms homes stayed the same, volume of 5 bedrooms homes stayed the same. While more than 1 listings in Wales, MA in November 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below.

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