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 February 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

$675,000

$373/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$35,000(+5.5%)

Key Takeaway

Homes in Walpole have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Walpole was $675,000 in February 2024, up 5.5% from last year, and the median price per square foot was $373.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $334.3K$495K
+48.1%
2 $415K$599.9K
+44.6%
3 $590K$649.5K
+10.1%
4 $800K$881K
+10.1%
5+ $835K$1.3M
+56.9%

Summary: Walpole housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.1%, 2 bedroom homes increased by 44.6%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 56.9%.

Median Sold Price Compared To Nearby Cities

Walpole
+5.5%
Norfolk
-1.2%
Medfield
-6.2%
East Walpole
-8.0%

Housing Supply in Walpole, MA

How many homes are available in Walpole, MA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
4031-22.5%

Summary: The Walpole real estate market had 31 homes for sale in February 2024, a 22.5% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 84
-50.0%
3 1813
-27.8%
4 1112
+9.1%
5+ 21
-50.0%

Summary: The Walpole housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 27.8%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1013+30.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 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. 53.8% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in Walpole in February 2024, up by 30.0% month-over-month. Of the 13 sold homes, 46% were sold under asking, 0% were sold at asking, and 54% 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

Feb 2023Feb 2024CHANGE
23 Days17 Days-27.5%

Summary: Homes in Walpole had an average of 17 days on market in Feb 2024, down by 27.5% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

2 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 February 2024, 13 homes were sold in Walpole; 85% of homes were sold within 30 days, 15% 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 28 Days Ago

Newest Listings in Walpole, MA

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