Is Westhampton, 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, Westhampton was a Seller's Market.
Key Takeaway
Westhampton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Westhampton, MA
How much do homes in Westhampton, MA cost?
Median Sold Price
$585,700
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Westhampton have sold for 33.1% more than they did a year ago.
Summary: The median home sold price in Westhampton was $585,700 in June 2024, up 33.1% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $359K | - | N/A |
| 3 Bedrooms | $434.9K | $490K | +12.7% |
| 4 Bedrooms | $440K | $675.7K | +53.6% |
| 5+ Bedrooms | $650K | $1.2M | +86.3% |
Summary: Westhampton 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 did not change, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 53.6%, and 5+ bedroom homes increased by 86.3%.
Median Sold Price Compared To Nearby Cities
| Westhampton | $440K | $585.7K | +33.1% |
| Easthampton | $376.2K | $402.7K | +7.0% |
| Southampton | $435K | $440K | +1.1% |
| Chesterfield | $412.5K | $375K | -9.1% |
Housing Supply in Westhampton, MA
How many homes are available in Westhampton, MA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Summary: The Westhampton real estate market had 7 homes for sale in June 2024, a 40.0% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Westhampton 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 increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Westhampton, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Westhampton in June 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Westhampton, MA
How long does it take to sell a home in Westhampton, MA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 26 Days | 24 Days | -7.7% |
Summary: Homes in Westhampton had an average of 24 days on market in Jun 2024, down by 7.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Westhampton are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 1 homes were sold in Westhampton; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
