$3,264 Closing Credit*
$274,900
1,081 SqFt
4 Beds
•2 Full Baths
#73319689, Thomas Morrissette, Listing Office: LAER Realty Partners
Is Belchertown, 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, Belchertown has remained a Seller's Market.
Key Takeaway
Belchertown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Belchertown, MA
How much do homes in Belchertown, MA cost?
Median Sold Price
$460,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$56,700(+14.1%)
Key Takeaway
Homes in Belchertown have sold for 14.1% more than they did a year ago.
Summary: The median home sold price in Belchertown was $460,000 in November 2024, up 14.1% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $176.5K | N/A |
| 2 Bedrooms | $310.7K | $307.5K | -1.0% |
| 3 Bedrooms | $397.5K | $462K | +16.2% |
| 4 Bedrooms | $442.5K | $547.4K | +23.7% |
| 5+ Bedrooms | $350K | $387.5K | +10.7% |
Summary: Belchertown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 16.2%, 4 bedroom homes increased by 23.7%, and 5+ bedroom homes increased by 10.7%.
Housing Supply in Belchertown, MA
How many homes are available in Belchertown, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 38 | -2.6% |
Summary: The Belchertown real estate market had 38 homes for sale in November 2024, a 2.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 23 | 21 | -8.7% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Belchertown 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 remained the same, 3 bedroom homes decreased by 8.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Belchertown, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Belchertown in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 57% were sold at asking, and 14% were sold over asking.
Days on Market for Belchertown, MA
How long does it take to sell a home in Belchertown, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 37 Days | +43.1% |
Summary: Homes in Belchertown had an average of 37 days on market in Nov 2024, up by 43.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Belchertown are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Belchertown; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
