Is Yarmouth Port, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Yarmouth Port has remained a Seller's Market.
Key Takeaway
Yarmouth Port is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Yarmouth Port, MA
How much do homes in Yarmouth Port, MA cost?
Median Sold Price
$630,000
$421/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Yarmouth Port have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Yarmouth Port was $630,000 in March 2024, up 8.8% from last year, and the median price per square foot was $421.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $602.5K | $175.5K | -70.9% |
| 2 Bedrooms | $476K | $545K | +14.5% |
| 3 Bedrooms | $606K | $692.5K | +14.3% |
| 4 Bedrooms | $781.9K | $1.2M | +53.5% |
| 5+ Bedrooms | $750K | $1.3M | +86.3% |
Summary: Yarmouth Port housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.9%, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 53.5%, and 5+ bedroom homes increased by 86.3%.
Median Sold Price Compared To Nearby Cities
| West Yarmouth | $450K | $527.2K | +17.2% |
| Yarmouth | $522K | $575K | +10.1% |
| South Yarmouth | $540K | $589.4K | +9.2% |
| Yarmouth Port | $579K | $630K | +8.8% |
| Dennis | $570K | $575K | +0.9% |
Housing Supply in Yarmouth Port, MA
How many homes are available in Yarmouth Port, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 32 | +3.2% |
Summary: The Yarmouth Port real estate market had 32 homes for sale in March 2024, a 3.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 13 | -18.8% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Yarmouth Port 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 decreased by 18.8%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Yarmouth Port, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Yarmouth Port in March 2024, down by 11.1% month-over-month. Of the 8 sold homes, 13% were sold under asking, 25% were sold at asking, and 63% were sold over asking.
Days on Market for Yarmouth Port, MA
How long does it take to sell a home in Yarmouth Port, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 26 Days | 27 Days | +7.2% |
Summary: Homes in Yarmouth Port had an average of 27 days on market in Mar 2024, up by 7.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Yarmouth Port are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in Yarmouth Port; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
