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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warren is a seller's market

Buyer's
Market

Difference Since January 2023

Since last year, Warren has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Warren, MA

How much do homes in Warren, MA cost?

Median Sold Price

$337,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

+$57,000(+20.4%)

Key Takeaway

Homes in Warren have sold for 20.4% more than they did a year ago.

Summary: The median home sold price in Warren was $337,000 in January 2024, up 20.4% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 --
N/A
2 $207.5K$250K
+20.5%
3 $306K$321K
+4.9%
4 $288K$374.9K
+30.2%
5+ $255K$341.2K
+33.8%

Summary: Warren housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.5%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 30.2%, and 5+ bedroom homes increased by 33.8%.

Median Sold Price Compared To Nearby Cities

Warren
+20.4%
Palmer
+6.9%

Housing Supply in Warren, MA

How many homes are available in Warren, MA?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
1210-16.7%

Summary: The Warren real estate market had 10 homes for sale in January 2024, a 16.7% decrease compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 32
-33.3%
4 31
-66.7%
5+ 44
0.0%

Summary: The Warren housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warren, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Warren in January 2024, down by 71.4% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Warren, MA

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

Average Sale Time

Jan 2023Jan 2024CHANGE
42 Days31 Days-26.2%

Summary: Homes in Warren had an average of 31 days on market in Jan 2024, down by 26.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During January 2024, 2 homes were sold in Warren; 50% of homes were sold within 30 days, 50% 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 29 Days Ago

Newest Listings in Warren, MA

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