Is Warren, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Warren was a Buyer's Market.
Housing Prices in Warren, MA
How much do homes in Warren, MA cost?
Median Sold Price
$351,250
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Warren was $351,250 in June 2024, up 22.4% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $235K | $245K | +4.3% |
3 Bedrooms | $325K | $352.5K | +8.5% |
4 Bedrooms | $364.9K | $360K | -1.3% |
5+ Bedrooms | $255K | $350K | +37.3% |
Summary: Warren housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 37.3%.
Median Sold Price Compared To Nearby Cities
Warren | $287K | $351.2K | +22.4% |
Palmer | $297K | $322K | +8.4% |
West Brookfield | $375K | $401K | +6.9% |
Brimfield | $374.9K | $362.5K | -3.3% |
Housing Supply in Warren, MA
How many homes are available in Warren, MA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
19 | 17 | -10.5% |
Summary: The Warren real estate market had 17 homes for sale in June 2024, a 10.5% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 10 | 9 | -10.0% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Warren housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Warren in June 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
84 Days | 20 Days | -75.5% |
Summary: Homes in Warren had an average of 20 days on market in Jun 2024, down by 75.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 5 homes were sold in Warren; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.