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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walpole is a seller's market

Buyer's
Market

Difference Since July 2021

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.

How much do homes in Walpole, MA cost?

Median Sold Price

$605,000

$327/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$45,000(+8.0%)

Key Takeaway

Homes in Walpole have sold for 8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 -$180K
N/A
2 $391K$443K
+13.3%
3 $522.5K$575.5K
+10.1%
4 $683.7K$760K
+11.2%
5+ $849.2K$850K
0.1%

Median Sold Price Compared To Nearby Cities

South Walpole
+24.9%
Norfolk
+20.2%
East Walpole
+10.5%
Medfield
+9.8%
Walpole
+8.0%

How many homes are available in Walpole, MA?

Number of Homes For Sale

Jun 2022Jul 2022%
9269-25.0%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 21
-50.0%
2 85
-37.5%
3 3927
-30.8%
4 3125
-19.4%
5+ 1211
-8.3%

Number of Homes Sold

Jun 2022Jul 2022%
3334+3.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walpole, you could pay more than the asking price. 67.6% of homes here sold above asking price last month.

Average Sale Time

Jul 2021Jul 2022%
15 Days17 Days+15.2%

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Walpole 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 Walpole, MA

Walpole, MA has 69 homes for sale to choose from. The number of homes for sale in Walpole, MA decreased by 25% between June 2022 and July 2022. In July 2022 median list price was $605,000 and the average listing age was 17 days. From June 2022 through July 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 13.3%, the cost of 3 bedrooms properties went up by 10.1%, prices of 4 bedrooms properties went up by 11.2%, the cost of 5 bedrooms properties went up by 0.1%. Housing inventory have changed in this real estate market: number of 1 bedroom homes decreased by 50%, the quantity of 2 bedrooms homes went down by 37.5%, number of 3 bedrooms homes decreased by 30.8%, volume of 4 bedrooms homes went down by 19.4%, volume of 5 bedrooms homes went down by 8.3%. In July 2022 more than 23 listings in Walpole, MA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 10 were sold below.

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