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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winthrop is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Winthrop, MA

How much do homes in Winthrop, MA cost?

Median Sold Price

$580,250

$416/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$2,750(+0.5%)

Key Takeaway

The sold price of homes in Winthrop has remained the same since last year.

Summary: The median home sold price in Winthrop was $580,250 in March 2024, up 0.5% from last year, and the median price per square foot was $416.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $429K$472.5K
+10.1%
2 $476K$476.5K
0.1%
3 $625K$591.2K
-5.4%
4 $672.5K$800K
+19.0%
5+ $850K$880K
+3.5%

Summary: Winthrop housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.1%, 2 bedroom homes increased by 0.1%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 3.5%.

Median Sold Price Compared To Nearby Cities

Boston
+3.3%
Winthrop
0.5%
Winthrop Town
0.0%
Revere
-3.2%

Housing Supply in Winthrop, MA

How many homes are available in Winthrop, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4043+7.5%

Summary: The Winthrop real estate market had 43 homes for sale in March 2024, a 7.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 33
0.0%
2 913
+44.4%
3 1314
+7.7%
4 53
-40.0%
5+ 1010
0.0%

Summary: The Winthrop 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 44.4%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winthrop, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Winthrop in March 2024, up by 50.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.

Days on Market for Winthrop, MA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
38 Days43 Days+12.9%

Summary: Homes in Winthrop had an average of 43 days on market in Mar 2024, up by 12.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 9 homes were sold in Winthrop; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% 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 24 Days Ago

Newest Listings in Winthrop, MA

Nearby Markets to Winthrop, MA

What housing markets are near Winthrop, MA?