$9,797 Closing Credit*
$825,000
4,065 SqFt
5 Beds
•3 Full Baths, 1 Partial
#73313207, Maggi Group, Listing Office: LPT Realty, LLC
Is Belchertown, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Belchertown was a Seller's Market.
Key Takeaway
Belchertown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Belchertown, MA
How much do homes in Belchertown, MA cost?
Median Sold Price
$450,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,000(+11.1%)
Key Takeaway
Homes in Belchertown have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Belchertown was $450,000 in October 2024, up 11.1% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $176.5K | N/A |
| 2 Bedrooms | $310.7K | $300K | -3.5% |
| 3 Bedrooms | $401.6K | $460K | +14.5% |
| 4 Bedrooms | $467.5K | $545K | +16.6% |
| 5+ Bedrooms | $350K | $387.5K | +10.7% |
Summary: Belchertown 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 decreased by 3.5%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 16.6%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 41 | +2.5% |
Summary: The Belchertown real estate market had 41 homes for sale in October 2024, a 2.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 4 | +300.0% |
| 3 Bedrooms | 21 | 24 | +14.3% |
| 4 Bedrooms | 15 | 11 | -26.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Belchertown housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belchertown, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Belchertown in October 2024, down by 54.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 20 Days | -18.4% |
Summary: Homes in Belchertown had an average of 20 days on market in Oct 2024, down by 18.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was 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 October 2024, 5 homes were sold in Belchertown; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
