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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westhampton is a seller's market

Buyer's
Market

Difference Since May 2021

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

Key Takeaway

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

How much do homes in Westhampton, MA cost?

Median Sold Price

$450,000

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$95,000(+26.8%)

Key Takeaway

Homes in Westhampton have sold for 26.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $300K-
N/A
2 $275K$320K
+16.4%
3 $345K$405K
+17.4%
4 $435K$490K
+12.6%
5+ -$620K
N/A

Median Sold Price Compared To Nearby Cities

Leeds
+31.7%
Westhampton
+26.8%
Easthampton
+20.6%

How many homes are available in Westhampton, MA?

Number of Homes For Sale

Apr 2022May 2022%
813+62.5%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 01
+100.0%
3 69
+50.0%
4 23
+50.0%
5+ 00
0.0%

Number of Homes Sold

Apr 2022May 2022%
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westhampton, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
20 Days16 Days-16.7%

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 Westhampton 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 Westhampton, MA

Westhampton, MA has 13 homes for sale to choose from. In May 2022 in Westhampton, MA there were 62.5% more homes for sale than in April 2022. Listings spent 16 days on the market in May 2022, and had a median list price of $450,000 during the same period. Between April 2022 and May 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 16.4%, prices of 3 bedrooms properties went up by 17.4%, the cost of 4 bedrooms properties went up by 12.6%, 5 bedrooms properties became 0% more expensive. This housing market inventory have changed: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes went up by 100%, 3 bedrooms homes became 50% more available, the quantity of 4 bedrooms homes went up by 50%, 5 bedrooms homes inventory did not change. In May 2022 more than 2 listings in Westhampton, MA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below.

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