$7,719 Closing Credit*
$650,000
2 Beds
•3 Full Baths, 1 Partial
#73320170, Daniel DiRoberto, Listing Office: The DiRoberto Group Inc.
Is Auburn, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Auburn has remained a Seller's Market.
Key Takeaway
Auburn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Auburn, MA
How much do homes in Auburn, MA cost?
Median Sold Price
$428,000
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,750(+1.1%)
Key Takeaway
Homes in Auburn have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Auburn was $428,000 in November 2024, up 1.1% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162.5K | $250K | +53.8% |
| 2 Bedrooms | $332.5K | $358K | +7.7% |
| 3 Bedrooms | $415K | $440K | +6.0% |
| 4 Bedrooms | $515K | $504.5K | -2.0% |
| 5+ Bedrooms | $600K | $635K | +5.8% |
Summary: Auburn housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.8%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Cities
| Cherry Valley | $350K | $395.5K | +13.0% |
| Millbury | $460K | $480K | +4.3% |
| Auburn | $423.2K | $428K | +1.1% |
Housing Supply in Auburn, MA
How many homes are available in Auburn, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 | 45 | -23.7% |
Summary: The Auburn real estate market had 45 homes for sale in November 2024, a 23.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 13 | -13.3% |
| 3 Bedrooms | 24 | 15 | -37.5% |
| 4 Bedrooms | 18 | 15 | -16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Auburn housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 13 | -31.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Auburn, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Auburn in November 2024, down by 31.6% month-over-month. Of the 13 sold homes, 46% were sold under asking, 0% were sold at asking, and 54% were sold over asking.
Days on Market for Auburn, MA
How long does it take to sell a home in Auburn, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 21 Days | +19.6% |
Summary: Homes in Auburn had an average of 21 days on market in Nov 2024, up by 19.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Auburn are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in Auburn; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
