Is Stoughton, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Stoughton has remained a Seller's Market.
Key Takeaway
Stoughton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stoughton, MA
How much do homes in Stoughton, MA cost?
Median Sold Price
$530,000
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Stoughton have sold for 6% more than they did a year ago.
Summary: The median home sold price in Stoughton was $530,000 in May 2024, up 6% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $200K | -13.0% |
| 2 Bedrooms | $381.1K | $380K | -0.3% |
| 3 Bedrooms | $532K | $550K | +3.4% |
| 4 Bedrooms | $612K | $610K | -0.3% |
| 5+ Bedrooms | $650K | $675K | +3.8% |
Summary: Stoughton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 3.8%.
Median Sold Price Compared To Nearby Cities
| Easton | $555K | $620K | +11.7% |
| Stoughton | $500K | $530K | +6.0% |
| Sharon | $749K | $765K | +2.1% |
| North Easton | $670K | $677.5K | +1.1% |
| Avon | $532.5K | $515K | -3.3% |
Housing Supply in Stoughton, MA
How many homes are available in Stoughton, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 65 | 81 | +24.6% |
Summary: The Stoughton real estate market had 81 homes for sale in May 2024, a 24.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 20 | 25 | +25.0% |
| 3 Bedrooms | 26 | 32 | +23.1% |
| 4 Bedrooms | 13 | 19 | +46.2% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Stoughton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 22 | +22.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stoughton, you could pay more than the asking price. 81.8% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in Stoughton in May 2024, up by 22.2% month-over-month. Of the 22 sold homes, 18% were sold under asking, 0% were sold at asking, and 82% were sold over asking.
Days on Market for Stoughton, MA
How long does it take to sell a home in Stoughton, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 35 Days | 19 Days | -45.7% |
Summary: Homes in Stoughton had an average of 19 days on market in May 2024, down by 45.7% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stoughton are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 22 homes were sold in Stoughton; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
