Is Randolph, 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, Randolph has remained a Seller's Market.
Housing Prices in Randolph, MA
How much do homes in Randolph, MA cost?
Median Sold Price
$520,000
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Randolph was $520,000 in April 2024, up 2% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | $230K | +2.2% |
2 Bedrooms | $372.5K | $348K | -6.6% |
3 Bedrooms | $500K | $510.5K | +2.1% |
4 Bedrooms | $576.5K | $640K | +11.0% |
5+ Bedrooms | $652.5K | $775K | +18.8% |
Summary: Randolph housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 18.8%.
Median Sold Price Compared To Nearby Cities
Holbrook | $472K | $508K | +7.6% |
Braintree Town | $618.3K | $650K | +5.1% |
Braintree | $620K | $650K | +4.8% |
Quincy | $617.5K | $640K | +3.6% |
Randolph | $510K | $520K | +2.0% |
Housing Supply in Randolph, MA
How many homes are available in Randolph, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 55 | +12.2% |
Summary: The Randolph real estate market had 55 homes for sale in April 2024, a 12.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 18 | 21 | +16.7% |
4 Bedrooms | 16 | 14 | -12.5% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Randolph 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 22.2%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 15 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Randolph in April 2024, down by 25.0% month-over-month. Of the 15 sold homes, 13% were sold under asking, 0% were sold at asking, and 87% were sold over asking.
Days on Market for Randolph, MA
How long does it take to sell a home in Randolph, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 21 Days | -36.8% |
Summary: Homes in Randolph had an average of 21 days on market in Apr 2024, down by 36.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Randolph; 93% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.