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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blackstone is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Blackstone has remained a Seller's Market.

Key Takeaway

Blackstone is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Blackstone, MA

How much do homes in Blackstone, MA cost?

Median Sold Price

$420,000

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$9,000(+2.2%)

Key Takeaway

Homes in Blackstone have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Blackstone was $420,000 in April 2024, up 2.2% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $214K$279.9K
+30.8%
2 $326K$396K
+21.5%
3 $435K$440K
+1.1%
4 $448.5K$444K
-1.0%
5+ $415K$410K
-1.2%

Summary: Blackstone housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 21.5%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 1.2%.

Median Sold Price Compared To Nearby Cities

Woonsocket
+11.9%
Bellingham
+10.7%
Mendon
+9.8%
Blackstone
+2.2%
North Smithfield
0.2%

Housing Supply in Blackstone, MA

How many homes are available in Blackstone, MA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2021+5.0%

Summary: The Blackstone real estate market had 21 homes for sale in April 2024, a 5.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1112
+9.1%
4 45
+25.0%
5+ 11
0.0%

Summary: The Blackstone housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blackstone, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Blackstone in April 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Blackstone, MA

How long does it take to sell a home in Blackstone, MA?

Average Sale Time

Apr 2023Apr 2024CHANGE
38 Days107 Days+180.1%

Summary: Homes in Blackstone had an average of 107 days on market in Apr 2024, up by 180.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Blackstone are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 6 homes were sold in Blackstone; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 18 Days Ago

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