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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winchendon is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Winchendon was a Seller's Market.

Key Takeaway

Winchendon 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 Winchendon, MA

How much do homes in Winchendon, MA cost?

Median Sold Price

$365,000

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$15,000(+4.3%)

Key Takeaway

Homes in Winchendon have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Winchendon was $365,000 in March 2024, up 4.3% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $165K$319K
+93.3%
2 $233K$227K
-2.6%
3 $356.7K$385K
+7.9%
4 $395K$374.5K
-5.2%
5+ $327.5K$327.5K
0.0%

Summary: Winchendon housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 93.3%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Gardner
+10.3%
Winchendon
+4.3%

Housing Supply in Winchendon, MA

How many homes are available in Winchendon, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2531+24.0%

Summary: The Winchendon real estate market had 31 homes for sale in March 2024, a 24.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 22
0.0%
3 1315
+15.4%
4 76
-14.3%
5+ 37
+133.3%

Summary: The Winchendon housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 133.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
105-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winchendon, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Winchendon in March 2024, down by 50.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Winchendon, MA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
36 Days26 Days-26.1%

Summary: Homes in Winchendon had an average of 26 days on market in Mar 2024, down by 26.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 5 homes were sold in Winchendon; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 11 Days Ago

Newest Listings in Winchendon, MA

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