Is Eastham, 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, Eastham was a Buyer's Market.
Key Takeaway
Eastham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eastham, MA
How much do homes in Eastham, MA cost?
Median Sold Price
$795,000
$488/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Eastham have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in Eastham was $795,000 in April 2024, up 8.5% from last year, and the median price per square foot was $488.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $299K | N/A |
| 2 Bedrooms | $587.5K | $675K | +14.9% |
| 3 Bedrooms | $765K | $902.5K | +18.0% |
| 4 Bedrooms | $942.5K | $867.2K | -8.0% |
| 5+ Bedrooms | $1.2M | $737K | -38.8% |
Summary: Eastham 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 increased by 14.9%, 3 bedroom homes increased by 18%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes decreased by 38.8%.
Median Sold Price Compared To Nearby Cities
| Eastham | $732.5K | $795K | +8.5% |
| Orleans | $1.2M | $896K | -29.7% |
Housing Supply in Eastham, MA
How many homes are available in Eastham, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 24 | +26.3% |
Summary: The Eastham real estate market had 24 homes for sale in April 2024, a 26.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Eastham 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 increased by 60%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eastham, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Eastham in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for Eastham, MA
How long does it take to sell a home in Eastham, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 80 Days | 12 Days | -85.0% |
Summary: Homes in Eastham had an average of 12 days on market in Apr 2024, down by 85% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eastham are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Eastham; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
