$7,719 Closing Credit*
$650,000
2,822 SqFt
6 Beds
•3 Full Baths, 1 Partial
#73311421, Kim and Jay Team, Listing Office: RE/MAX Prof Associates
Is Barre, 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, Barre has remained a Seller's Market.
Key Takeaway
Barre is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Barre, MA
How much do homes in Barre, MA cost?
Median Sold Price
$405,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$36,500(+9.9%)
Key Takeaway
Homes in Barre have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in Barre was $405,000 in October 2024, up 9.9% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $178K | N/A |
| 2 Bedrooms | $265K | $285K | +7.5% |
| 3 Bedrooms | $349.9K | $422.5K | +20.7% |
| 4 Bedrooms | $432.5K | $418.9K | -3.1% |
| 5+ Bedrooms | $414K | $352.5K | -14.9% |
Summary: Barre housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 20.7%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 14.9%.
Median Sold Price Compared To Nearby Cities
| Barre | $368.5K | $405K | +9.9% |
| Rutland | $457.5K | $487.5K | +6.6% |
Housing Supply in Barre, MA
How many homes are available in Barre, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 25 | +4.2% |
Summary: The Barre real estate market had 25 homes for sale in October 2024, a 4.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Barre housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Barre, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Barre in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Barre, MA
How long does it take to sell a home in Barre, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 46 Days | +40.2% |
Summary: Homes in Barre had an average of 46 days on market in Oct 2024, up by 40.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Barre are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Barre; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
