Is Warren, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Warren has remained a Seller's Market.
Housing Prices in Warren, MA
How much do homes in Warren, MA cost?
Median Sold Price
$338,500
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Warren was $338,500 in March 2024, up 18.4% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $207.5K | $247.5K | +19.3% |
3 Bedrooms | $310K | $337K | +8.7% |
4 Bedrooms | $330K | $360K | +9.1% |
5+ Bedrooms | $270K | $360K | +33.3% |
Summary: Warren housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.3%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 33.3%.
Median Sold Price Compared To Nearby Cities
Warren | $286K | $338.5K | +18.4% |
Palmer | $285K | $311K | +9.1% |
West Brookfield | $373.7K | $392K | +4.9% |
Brimfield | $375K | $360.2K | -3.9% |
Housing Supply in Warren, MA
How many homes are available in Warren, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 12 | +20.0% |
Summary: The Warren real estate market had 12 homes for sale in March 2024, a 20.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Warren housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 5 | +400.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Warren in March 2024, up by 400.0% month-over-month. Of the 5 sold homes, 0% were sold under asking, 40% were sold at asking, and 60% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
112 Days | 37 Days | -66.5% |
Summary: Homes in Warren had an average of 37 days on market in Mar 2024, down by 66.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Warren; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.