Is Warren, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2021
At the same time last year, Warren was a Seller's Market.
Key Takeaway
Warren is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
How much do homes in Warren, MA cost?
Median Sold Price
$272,500
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2021
+$40,500(+17.5%)
Key Takeaway
Homes in Warren have sold for 17.5% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2021 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | $110K | N/A |
| 2 Bedrooms | $180K | $159.9K | -11.1%  |
| 3 Bedrooms | $283.7K | $317.5K | +11.9% |
| 4 Bedrooms | $220K | $278K | +26.4% |
| 5+ Bedrooms | $216.5K | $236.5K | +9.2% |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Brimfield | +26.8% |
| West Brookfield | +22.5% |
| Warren | +17.5% |
| Palmer | +11.2% |
How many homes are available in Warren, MA?
Number of Homes For Sale
| Apr 2022 | May 2022 | % |
|---|---|---|
| 21 | 18 | -14.3% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2022 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0%  |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Number of Homes Sold
| Apr 2022 | May 2022 | % |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Warren, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Average Sale Time
| May 2021 | May 2022 | % |
|---|---|---|
| 23 Days | 16 Days | -29.6% |
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Warren are selling fast, if you're buying plan to act quickly.
