Is West Tatnuck, 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, West Tatnuck has remained a Seller's Market.
Key Takeaway
West Tatnuck is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Tatnuck, MA
How much do homes in West Tatnuck, MA cost?
Median Sold Price
$458,000
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in West Tatnuck have sold for 23.8% more than they did a year ago.
Summary: The median home sold price in West Tatnuck was $458,000 in March 2024, up 23.8% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $289.2K | - | N/A |
| 2 Bedrooms | $287K | $327K | +13.9% |
| 3 Bedrooms | $379.5K | $458K | +20.7% |
| 4 Bedrooms | $450K | $515.4K | +14.5% |
| 5+ Bedrooms | $550K | $632.5K | +15.0% |
Summary: West Tatnuck 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 13.9%, 3 bedroom homes increased by 20.7%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 15%.
Median Sold Price Compared To Nearby Neighborhoods
| West Tatnuck | $370K | $458K | +23.8% |
| West Worcester | $401K | $445K | +11.0% |
| Cider Mill | $365K | $390K | +6.8% |
| Salisbury Street / Newton Square | $452K | $471.2K | +4.3% |
Housing Supply in West Tatnuck, MA
How many homes are available in West Tatnuck, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Summary: The West Tatnuck real estate market had 16 homes for sale in March 2024, a 15.8% decrease 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 | 6 | 8 | +33.3% |
| 3 Bedrooms | 9 | 5 | -44.4% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The West Tatnuck 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 33.3%, 3 bedroom homes decreased by 44.4%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Tatnuck, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in West Tatnuck in March 2024, up by 166.7% month-over-month. Of the 8 sold homes, 13% were sold under asking, 25% were sold at asking, and 63% were sold over asking.
Days on Market for West Tatnuck, MA
How long does it take to sell a home in West Tatnuck, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 46 Days | 38 Days | -17.5% |
Summary: Homes in West Tatnuck had an average of 38 days on market in Mar 2024, down by 17.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in West Tatnuck are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in West Tatnuck; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
