Is Belchertown, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Belchertown has remained a Seller's Market.
Housing Prices in Belchertown, MA
How much do homes in Belchertown, MA cost?
Median Sold Price
$416,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Belchertown was $416,000 in April 2024, up 9.5% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $172.5K | $176.5K | +2.3% |
2 Bedrooms | $300K | $268K | -10.7% |
3 Bedrooms | $389K | $407K | +4.6% |
4 Bedrooms | $467.5K | $490K | +4.8% |
5+ Bedrooms | $440K | $347.5K | -21.0% |
Summary: Belchertown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 21%.
Housing Supply in Belchertown, MA
How many homes are available in Belchertown, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 35 | +2.9% |
Summary: The Belchertown real estate market had 35 homes for sale in April 2024, a 2.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 20 | 24 | +20.0% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Belchertown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Belchertown in April 2024, up by 25.0% month-over-month. Of the 10 sold homes, 0% were sold under asking, 20% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 21 Days | -40.3% |
Summary: Homes in Belchertown had an average of 21 days on market in Apr 2024, down by 40.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 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.