Is Milton, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Milton was a Seller's Market.
Housing Prices in Milton, MA
How much do homes in Milton, MA cost?
Median Sold Price
$893,000
$492/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Milton was $893,000 in April 2024, down 0.6% from last year, and the median price per square foot was $492.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $541K | $562.5K | +4.0% |
2 Bedrooms | $673.5K | $739K | +9.7% |
3 Bedrooms | $821.5K | $825K | 0.4% |
4 Bedrooms | $985K | $1.0M | +7.1% |
5+ Bedrooms | $1.2M | $1.2M | +4.1% |
Summary: Milton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 4.1%.
Median Sold Price Compared To Nearby Cities
Boston | $776.2K | $807K | +4.0% |
Dorchester Center | $680.8K | $707.5K | +3.9% |
Quincy | $617.5K | $640K | +3.6% |
Randolph | $510K | $520K | +2.0% |
Milton | $898.3K | $893K | -0.6% |
Housing Supply in Milton, MA
How many homes are available in Milton, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
56 | 68 | +21.4% |
Summary: The Milton real estate market had 68 homes for sale in April 2024, a 21.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 8 | -42.9% |
3 Bedrooms | 16 | 24 | +50.0% |
4 Bedrooms | 12 | 16 | +33.3% |
5+ Bedrooms | 14 | 20 | +42.9% |
Summary: The Milton 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 42.9%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 10 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Milton in April 2024, down by 50.0% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.
Days on Market for Milton, MA
How long does it take to sell a home in Milton, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 54 Days | +18.8% |
Summary: Homes in Milton had an average of 54 days on market in Apr 2024, up by 18.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Milton; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.