Is Plymouth, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Plymouth has remained a Seller's Market.
Key Takeaway
Plymouth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Plymouth, MA
How much do homes in Plymouth, MA cost?
Median Sold Price
$595,920
$330/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Plymouth have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Plymouth was $595,920 in April 2024, up 6.4% from last year, and the median price per square foot was $330.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $390K | +56.0% |
| 2 Bedrooms | $484.9K | $551K | +13.6% |
| 3 Bedrooms | $550K | $600K | +9.1% |
| 4 Bedrooms | $681K | $684K | 0.4% |
| 5+ Bedrooms | $737.5K | $875K | +18.6% |
Summary: Plymouth housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 18.6%.
Housing Supply in Plymouth, MA
How many homes are available in Plymouth, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 210 | 233 | +11.0% |
Summary: The Plymouth real estate market had 233 homes for sale in April 2024, a 11.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 8 | +100.0% |
| 2 Bedrooms | 92 | 93 | +1.1% |
| 3 Bedrooms | 74 | 91 | +23.0% |
| 4 Bedrooms | 32 | 33 | +3.1% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Plymouth housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 23%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 52 | 65 | +25.0% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
35 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Plymouth, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.
Summary: A total of 65 homes were sold or pending in Plymouth in April 2024, up by 25.0% month-over-month. Of the 65 sold homes, 29% were sold under asking, 17% were sold at asking, and 54% were sold over asking.
Days on Market for Plymouth, MA
How long does it take to sell a home in Plymouth, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 38 Days | 35 Days | -7.4% |
Summary: Homes in Plymouth had an average of 35 days on market in Apr 2024, down by 7.4% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Plymouth are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 65 homes were sold in Plymouth; 58% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
