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

Housing Market Conditions



Gauge showing Woburn is a seller's market


Difference Since June 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



Based on all homes sold in the last 12 months.

Difference Since June 2023


Key Takeaway

Homes in Woburn have sold for 15.3% more than they did a year ago.

Summary: The median home sold price in Woburn was $730,000 in June 2024, up 15.3% from last year, and the median price per square foot was $415.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $316K$337.5K
2 $534.9K$575K
3 $610K$732.5K
4 $760K$835K
5+ $784K$880K

Summary: Woburn housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 20.1%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 12.2%.

Median Sold Price Compared To Nearby Cities


Housing Supply in Woburn, MA

How many homes are available in Woburn, MA?

Number of Homes For Sale

May 2024Jun 2024CHANGE

Summary: The Woburn real estate market had 80 homes for sale in June 2024, a 19.2% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 42
2 96
3 4637
4 2624
5+ 1411

Summary: The Woburn housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 19.6%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 21.4%.

Number of Homes Sold

May 2024Jun 2024CHANGE

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woburn, you could pay more than the asking price. 79.3% of homes here sold above asking price last month.

Summary: A total of 29 homes were sold or pending in Woburn in June 2024, down by 23.7% month-over-month. Of the 29 sold homes, 17% were sold under asking, 3% were sold at asking, and 79% 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

Jun 2023Jun 2024CHANGE
15 Days10 Days-30.5%

Summary: Homes in Woburn had an average of 10 days on market in Jun 2024, down by 30.5% compared to last year.

Breakdown of Home Sale Times

28 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 Woburn are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 29 homes were sold in Woburn; 97% of homes were sold within 30 days, 3% 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 20 Days Ago

Newest Listings in Woburn, MA

Nearby Markets to Woburn, MA

What housing markets are near Woburn, MA?