Is Walpole, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Walpole has remained a Seller's Market.
Key Takeaway
Walpole is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Walpole, MA
How much do homes in Walpole, MA cost?
Median Sold Price
$692,500
$365/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Walpole have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Walpole was $692,500 in June 2024, up 5.3% from last year, and the median price per square foot was $365.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $466.9K | $497K | +6.4% |
| 2 Bedrooms | $549.9K | $545K | -0.9% |
| 3 Bedrooms | $600K | $650K | +8.3% |
| 4 Bedrooms | $800K | $883.5K | +10.4% |
| 5+ Bedrooms | $960K | $965K | 0.5% |
Summary: Walpole housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 0.5%.
Housing Supply in Walpole, MA
How many homes are available in Walpole, MA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 64 | 62 | -3.1% |
Summary: The Walpole real estate market had 62 homes for sale in June 2024, a 3.1% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 7 | 13 | +85.7% |
| 3 Bedrooms | 30 | 20 | -33.3% |
| 4 Bedrooms | 16 | 19 | +18.8% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Walpole housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 85.7%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 20 | 17 | -15.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walpole, you could pay more than the asking price. 70.6% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Walpole in June 2024, down by 15.0% month-over-month. Of the 17 sold homes, 18% were sold under asking, 12% were sold at asking, and 71% were sold over asking.
Days on Market for Walpole, MA
How long does it take to sell a home in Walpole, MA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 14 Days | 17 Days | +19.8% |
Summary: Homes in Walpole had an average of 17 days on market in Jun 2024, up by 19.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Walpole are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 17 homes were sold in Walpole; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
