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 March 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

$680,000

$368/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$31,000(+4.8%)

Key Takeaway

Homes in Walpole have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Walpole was $680,000 in March 2024, up 4.8% from last year, and the median price per square foot was $368.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $426.5K$495K
+16.1%
2 $465K$590K
+26.9%
3 $590K$650K
+10.2%
4 $805K$880K
+9.3%
5+ $870K$1.3M
+51.4%

Summary: Walpole housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.1%, 2 bedroom homes increased by 26.9%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 51.4%.

Median Sold Price Compared To Nearby Cities

Walpole
+4.8%
Norfolk
-0.4%
Medfield
-6.4%
East Walpole
-7.5%

Housing Supply in Walpole, MA

How many homes are available in Walpole, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3639+8.3%

Summary: The Walpole real estate market had 39 homes for sale in March 2024, a 8.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 56
+20.0%
3 1615
-6.3%
4 1313
0.0%
5+ 14
+300.0%

Summary: The Walpole housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 300%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1412-14.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 12 homes were sold or pending in Walpole in March 2024, down by 14.3% month-over-month. Of the 12 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Mar 2023Mar 2024CHANGE
25 Days32 Days+28.8%

Summary: Homes in Walpole had an average of 32 days on market in Mar 2024, up by 28.8% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 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.

Summary: During March 2024, 12 homes were sold in Walpole; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

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