Is Barnstable Town, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Barnstable Town is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Barnstable Town, MA

How much do homes in Barnstable Town, MA cost?

Median Sold Price

$655,000

$426/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,500(+4.9%)

Key Takeaway

Homes in Barnstable Town have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Barnstable Town was $655,000 in October 2024, up 4.9% from last year, and the median price per square foot was $426.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $283.7K$270K
-4.8%
2 $460K$510K
+10.9%
3 $650K$661.6K
+1.8%
4 $845.5K$1.1M
+30.1%
5+ $3.2M$2.0M
-37.8%

Summary: Barnstable Town housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 30.1%, and 5+ bedroom homes decreased by 37.8%.

Median Sold Price Compared To Nearby Cities

Marstons Mills
+7.8%
Centerville
+5.8%
Barnstable Town
+4.9%
Osterville
-1.0%

Housing Supply in Barnstable Town, MA

How many homes are available in Barnstable Town, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
206221+7.3%

Summary: The Barnstable Town real estate market had 221 homes for sale in October 2024, a 7.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 45
+25.0%
2 3443
+26.5%
3 111107
-3.6%
4 2934
+17.2%
5+ 2832
+14.3%

Summary: The Barnstable Town housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 26.5%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3639+8.3%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Barnstable Town, you may be able to get a good deal. 56.4% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in Barnstable Town in October 2024, up by 8.3% month-over-month. Of the 39 sold homes, 56% were sold under asking, 21% were sold at asking, and 23% were sold over asking.

Days on Market for Barnstable Town, MA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days38 Days+3.4%

Summary: Homes in Barnstable Town had an average of 38 days on market in Oct 2024, up by 3.4% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 39 homes were sold in Barnstable Town; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 10% 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 16 Days Ago

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