$5,831 Closing Credit*
$491,000
2,032 SqFt
3 Beds
•2 Full Baths
#73313046, Oleg Abramchuk, Listing Office: First NationWide Realty Inc.
Is Agawam, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Agawam has remained a Seller's Market.
Key Takeaway
Agawam is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Agawam, MA
How much do homes in Agawam, MA cost?
Median Sold Price
$300,000
$224/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
Key Takeaway
The sold price of homes in Agawam has remained the same since last year.
Summary: The median home sold price in Agawam was $300,000 in October 2024, the same as last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $165K | +22.2% |
| 2 Bedrooms | $241.5K | $268K | +11.0% |
| 3 Bedrooms | $330K | $320K | -3.0% |
| 4 Bedrooms | $342.5K | $390K | +13.9% |
| 5+ Bedrooms | $495K | $457K | -7.7% |
Summary: Agawam housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 11%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes decreased by 7.7%.
Median Sold Price Compared To Nearby Cities
| Longmeadow | $467.5K | $477K | +2.0% |
| West Springfield Town | $305.5K | $310K | +1.5% |
| Agawam Town | $314.8K | $315.1K | 0.1% |
| Agawam | $300K | $300K | 0.0% |
| Feeding Hills | $350K | $345K | -1.4% |
Housing Supply in Agawam, MA
How many homes are available in Agawam, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 49 | 0.0% |
Summary: The Agawam real estate market had 49 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 22 | 17 | -22.7% |
| 3 Bedrooms | 17 | 22 | +29.4% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Agawam housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 22.7%, 3 bedroom homes increased by 29.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Agawam, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Agawam in October 2024, down by 15.8% month-over-month. Of the 16 sold homes, 44% were sold under asking, 13% were sold at asking, and 44% were sold over asking.
Days on Market for Agawam, MA
How long does it take to sell a home in Agawam, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 32 Days | -26.5% |
Summary: Homes in Agawam had an average of 32 days on market in Oct 2024, down by 26.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Agawam are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in Agawam; 63% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
