Is Ashburnham, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Ashburnham was a Buyer's Market.
Key Takeaway
Ashburnham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ashburnham, MA
How much do homes in Ashburnham, MA cost?
Median Sold Price
$473,500
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Ashburnham have sold for 20.8% more than they did a year ago.
Summary: The median home sold price in Ashburnham was $473,500 in May 2024, up 20.8% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $950K | $312K | -67.2% |
| 2 Bedrooms | $348K | $295K | -15.2% |
| 3 Bedrooms | $415.3K | $494.9K | +19.2% |
| 4 Bedrooms | $395K | $534K | +35.2% |
| 5+ Bedrooms | $280.5K | $437.5K | +56.0% |
Summary: Ashburnham housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 67.2%, 2 bedroom homes decreased by 15.2%, 3 bedroom homes increased by 19.2%, 4 bedroom homes increased by 35.2%, and 5+ bedroom homes increased by 56%.
Median Sold Price Compared To Nearby Cities
| Ashby | $382.5K | $462.5K | +20.9% |
| Ashburnham | $391.8K | $473.5K | +20.8% |
| Gardner | $310K | $364.2K | +17.5% |
| Westminster | $500K | $526.5K | +5.3% |
Housing Supply in Ashburnham, MA
How many homes are available in Ashburnham, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 23 | 27 | +17.4% |
Summary: The Ashburnham real estate market had 27 homes for sale in May 2024, a 17.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 2 | 5 | +150.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ashburnham housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ashburnham, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Ashburnham in May 2024, up by 75.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for Ashburnham, MA
How long does it take to sell a home in Ashburnham, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 32 Days | 26 Days | -18.9% |
Summary: Homes in Ashburnham had an average of 26 days on market in May 2024, down by 18.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ashburnham are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 7 homes were sold in Ashburnham; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
