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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ware is a seller's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Ware was a Neutral Market.

Key Takeaway

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

Housing Prices in Ware, MA

How much do homes in Ware, MA cost?

Median Sold Price

$285,000

$174/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since February 2023.

Key Takeaway

The sold price of homes in Ware has remained the same since last year.

Summary: The median home sold price in Ware was $285,000 in February 2024, the same as last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$196K
N/A
2 $264.9K$250.2K
-5.5%
3 $295K$301K
+2.0%
4 $245K$307K
+25.3%
5+ $310.4K$310K
-0.1%

Summary: Ware housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 25.3%, and 5+ bedroom homes decreased by 0.1%.

Median Sold Price Compared To Nearby Cities

Hardwick
+12.1%
Palmer
+11.1%
Belchertown
+8.9%
Ware
0.0%

Housing Supply in Ware, MA

How many homes are available in Ware, MA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2427+12.5%

Summary: The Ware real estate market had 27 homes for sale in February 2024, a 12.5% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 23
+50.0%
2 32
-33.3%
3 811
+37.5%
4 65
-16.7%
5+ 56
+20.0%

Summary: The Ware housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
19+800.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ware, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Ware in February 2024, up by 800.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 0% were sold at asking, and 44% were sold over asking.

Days on Market for Ware, MA

How long does it take to sell a home in Ware, MA?

Average Sale Time

Feb 2023Feb 2024CHANGE
48 Days45 Days-4.6%

Summary: Homes in Ware had an average of 45 days on market in Feb 2024, down by 4.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 9 homes were sold in Ware; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% 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 1 Day Ago

Newest Listings in Ware, MA

Nearby Markets to Ware, MA

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