Is Three Rivers, 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, Three Rivers has remained a Seller's Market.
Housing Prices in Three Rivers, MA
How much do homes in Three Rivers, MA cost?
Median Sold Price
$262,500
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Three Rivers was $262,500 in April 2024, down 7.9% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $270K | $230K | -14.8% |
3 Bedrooms | $285K | $260.5K | -8.6% |
4 Bedrooms | $280K | $340K | +21.4% |
5+ Bedrooms | $350K | $325K | -7.1% |
Summary: Three Rivers housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.8%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes decreased by 7.1%.
Median Sold Price Compared To Nearby Cities
Palmer | $283.2K | $315K | +11.2% |
Belchertown | $380K | $416K | +9.5% |
Palmer Town | $279.9K | $301.7K | +7.8% |
Ludlow | $296K | $310K | +4.7% |
Three Rivers | $285K | $262.5K | -7.9% |
Housing Supply in Three Rivers, MA
How many homes are available in Three Rivers, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 5 | -28.6% |
Summary: The Three Rivers real estate market had 5 homes for sale in April 2024, a 28.6% decrease 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 | 1 | 1 | 0.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Three Rivers 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Three Rivers in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Three Rivers, MA
How long does it take to sell a home in Three Rivers, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 106 Days | +443.6% |
Summary: Homes in Three Rivers had an average of 106 days on market in Apr 2024, up by 443.6% compared to last year.
Breakdown of Home Sale Times
0 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, 2 homes were sold in Three Rivers; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.