Is Wrentham, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Wrentham was a Neutral Market.
Key Takeaway
Wrentham is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wrentham, MA
How much do homes in Wrentham, MA cost?
Median Sold Price
$660,000
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Wrentham have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Wrentham was $660,000 in March 2024, up 6.2% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $280K | +64.7% |
| 2 Bedrooms | $388.7K | $440K | +13.2% |
| 3 Bedrooms | $553.5K | $600K | +8.4% |
| 4 Bedrooms | $780K | $835.5K | +7.1% |
| 5+ Bedrooms | $874.9K | $610K | -30.3% |
Summary: Wrentham housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64.7%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 30.3%.
Median Sold Price Compared To Nearby Cities
| Franklin | $579K | $636K | +9.8% |
| Foxboro | $600K | $658.9K | +9.8% |
| Franklin Town | $582K | $636K | +9.3% |
| Wrentham | $621.5K | $660K | +6.2% |
| Plainville | $510K | $505K | -1.0% |
Housing Supply in Wrentham, MA
How many homes are available in Wrentham, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 | 32 | 0.0% |
Summary: The Wrentham real estate market had 32 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 10 | +66.7% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 16 | 12 | -25.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Wrentham 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 66.7%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Wrentham, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Wrentham in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Wrentham, MA
How long does it take to sell a home in Wrentham, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 48 Days | 15 Days | -67.8% |
Summary: Homes in Wrentham had an average of 15 days on market in Mar 2024, down by 67.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wrentham are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Wrentham; 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.
