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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Webster is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Webster, MA

How much do homes in Webster, MA cost?

Median Sold Price

$400,000

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$35,000(+9.6%)

Key Takeaway

Homes in Webster have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in Webster was $400,000 in May 2024, up 9.6% from last year, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $325K$352.5K
+8.5%
3 $365K$392.5K
+7.5%
4 $397.5K$444.5K
+11.8%
5+ $380K$457.5K
+20.4%

Summary: Webster housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 20.4%.

Median Sold Price Compared To Nearby Cities

Thompson
+12.7%
Webster
+9.6%
North Grosvenordale
+5.2%
Oxford
+5.1%
Dudley
-0.7%

Housing Supply in Webster, MA

How many homes are available in Webster, MA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4649+6.5%

Summary: The Webster real estate market had 49 homes for sale in May 2024, a 6.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 68
+33.3%
3 2423
-4.2%
4 88
0.0%
5+ 79
+28.6%

Summary: The Webster housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Apr 2024May 2024CHANGE
11110.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Webster, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Webster in May 2024, the same as the previous month. Of the 11 sold homes, 18% were sold under asking, 9% were sold at asking, and 73% were sold over asking.

Days on Market for Webster, MA

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

Average Sale Time

May 2023May 2024CHANGE
30 Days27 Days-8.7%

Summary: Homes in Webster had an average of 27 days on market in May 2024, down by 8.7% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 11 homes were sold in Webster; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% 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 1 Day Ago

Newest Listings in Webster, MA

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