Is Wareham, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2021
Since last year, Wareham has remained a Seller's Market.
Key Takeaway
Wareham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Wareham, MA cost?
Median Sold Price
$367,893
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2021
+$47,930(+15.0%)
Key Takeaway
Homes in Wareham have sold for 15% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2021 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | $217K | $225K | +3.7% |
| 2 Bedrooms | $269.5K | $300K | +11.3% |
| 3 Bedrooms | $349.4K | $410K | +17.3% |
| 4 Bedrooms | $407.5K | $436.5K | +7.1% |
| 5+ Bedrooms | $447.5K | $700K | +56.4% |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| West Wareham | +15.3% |
| Wareham | +15.0% |
| East Wareham | +14.8% |
| Marion | -4.3%  |
How many homes are available in Wareham, MA?
Number of Homes For Sale
| Apr 2022 | May 2022 | % |
|---|---|---|
| 121 | 134 | +10.7% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2022 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 35 | 39 | +11.4% |
| 3 Bedrooms | 50 | 51 | +2.0% |
| 4 Bedrooms | 22 | 24 | +9.1% |
| 5+ Bedrooms | 9 | 13 | +44.4% |
Number of Homes Sold
| Apr 2022 | May 2022 | % |
|---|---|---|
| 34 | 29 | -14.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wareham, you could pay more than the asking price. 86.2% of homes here sold above asking price last month.
Average Sale Time
| May 2021 | May 2022 | % |
|---|---|---|
| 32 Days | 32 Days | +1.4% |
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Wareham are selling fast, if you're buying plan to act quickly.
