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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warren is a neutral'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

# BEDSMay 2021May 2022%
1 -$110K
N/A
2 $180K$159.9K
-11.1%
3 $283.7K$317.5K
+11.9%
4 $220K$278K
+26.4%
5+ $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 2022May 2022%
2118-14.3%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 12
+100.0%
3 109
-10.0%
4 74
-42.9%
5+ 33
0.0%

Number of Homes Sold

Apr 2022May 2022%
73-57.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

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 2021May 2022%
23 Days16 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

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Warren, MA

Warren, MA has 18 homes on the market. The number of homes for sale in Warren, MA decreased by 14.3% between April 2022 and May 2022. While the average time on the market in May 2022 was 16 days, the median list price was $272,500. This housing market listing prices have changed between April 2022 and May 2022: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties decreased by 11.1%, prices of 3 bedrooms properties increased by 11.9%, prices of 4 bedrooms properties went up by 26.4%, the cost of 5 bedrooms properties went up by 9.2%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes increased by 100%, volume of 3 bedrooms homes went down by 10%, volume of 4 bedrooms homes went down by 42.9%, number of 5 bedrooms homes remained the same. In May 2022, from all listings sold in Warren, MA there were more than 1 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price.

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