$9,499 Closing Credit*
$799,900
1,728 SqFt
4 Beds
•2 Full Baths
#73305129, Homegrown Realty Team, Listing Office: Citylight Homes LLC
Is Woburn, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Woburn has remained a Seller's Market.
Key Takeaway
Woburn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Woburn, MA
How much do homes in Woburn, MA cost?
Median Sold Price
$730,000
$421/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$89,000(+13.9%)
Key Takeaway
Homes in Woburn have sold for 13.9% more than they did a year ago.
Summary: The median home sold price in Woburn was $730,000 in September 2024, up 13.9% from last year, and the median price per square foot was $421.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $317K | $315K | -0.6% |
| 2 Bedrooms | $555K | $550K | -0.9% |
| 3 Bedrooms | $625K | $735K | +17.6% |
| 4 Bedrooms | $760K | $850K | +11.8% |
| 5+ Bedrooms | $805K | $883K | +9.7% |
Summary: Woburn housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.6%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 9.7%.
Median Sold Price Compared To Nearby Cities
| Woburn | $641K | $730K | +13.9% |
| Stoneham | $662.5K | $730K | +10.2% |
| Burlington | $770K | $830K | +7.8% |
| Winchester | $1.3M | $1.4M | +7.7% |
| Reading | $800K | $784K | -2.0% |
Housing Supply in Woburn, MA
How many homes are available in Woburn, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 75 | 99 | +32.0% |
Summary: The Woburn real estate market had 99 homes for sale in September 2024, a 32.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 10 | 14 | +40.0% |
| 3 Bedrooms | 26 | 31 | +19.2% |
| 4 Bedrooms | 26 | 37 | +42.3% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Woburn housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 19.2%, 4 bedroom homes increased by 42.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 25 | 24 | -4.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woburn, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 24 homes were sold or pending in Woburn in September 2024, down by 4.0% month-over-month. Of the 24 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% were sold over asking.
Days on Market for Woburn, MA
How long does it take to sell a home in Woburn, MA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 17 Days | 19 Days | +7.5% |
Summary: Homes in Woburn had an average of 19 days on market in Sep 2024, up by 7.5% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Woburn are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 24 homes were sold in Woburn; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
