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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Webster is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Webster, MA

How much do homes in Webster, MA cost?

Median Sold Price

$405,000

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$31,000(+8.3%)

Key Takeaway

Homes in Webster have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Webster was $405,000 in August 2024, up 8.3% from last year, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 -$340K
N/A
2 $348.7K$350K
0.4%
3 $355K$403.5K
+13.7%
4 $390K$455K
+16.7%
5+ $412.5K$485K
+17.6%

Summary: Webster housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 17.6%.

Median Sold Price Compared To Nearby Cities

North Grosvenordale
+18.1%
Oxford
+11.6%
Webster
+8.3%
Thompson
+4.5%
Dudley
+2.2%

Housing Supply in Webster, MA

How many homes are available in Webster, MA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
6462-3.1%

Summary: The Webster real estate market had 62 homes for sale in August 2024, a 3.1% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 11
0.0%
2 79
+28.6%
3 3126
-16.1%
4 1819
+5.6%
5+ 77
0.0%

Summary: The Webster housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
1822+22.2%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Webster, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in Webster in August 2024, up by 22.2% month-over-month. Of the 22 sold homes, 36% were sold under asking, 9% were sold at asking, and 55% were sold over asking.

Days on Market for Webster, MA

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

Average Sale Time

Aug 2023Aug 2024CHANGE
26 Days29 Days+11.4%

Summary: Homes in Webster had an average of 29 days on market in Aug 2024, up by 11.4% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 22 homes were sold in Webster; 68% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 5% 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 14 Days Ago

Newest Listings in Webster, MA

Nearby Markets to Webster, MA

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