$7,124 Closing Credit*
$599,900
2,755 SqFt
5 Beds
•2 Full Baths, 1 Partial
#73320604, Ferrari Property Group, Listing Office: KW Pinnacle Central
Is Bellingham, 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, Bellingham has remained a Seller's Market.
Key Takeaway
Bellingham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bellingham, MA
How much do homes in Bellingham, MA cost?
Median Sold Price
$500,500
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,500(+4.5%)
Key Takeaway
Homes in Bellingham have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Bellingham was $500,500 in November 2024, up 4.5% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295.5K | $190K | -35.7% |
| 2 Bedrooms | $397.5K | $460K | +15.7% |
| 3 Bedrooms | $460K | $490K | +6.5% |
| 4 Bedrooms | $600K | $610K | +1.7% |
| 5+ Bedrooms | $720K | $580K | -19.4% |
Summary: Bellingham housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.7%, 2 bedroom homes increased by 15.7%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 19.4%.
Median Sold Price Compared To Nearby Cities
| Franklin | $607.3K | $666.6K | +9.8% |
| Franklin Town | $607.3K | $666.6K | +9.8% |
| Mendon | $700K | $760.5K | +8.6% |
| Bellingham | $479K | $500.5K | +4.5% |
| Hopedale | $535K | $485K | -9.3% |
Housing Supply in Bellingham, MA
How many homes are available in Bellingham, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 55 | -17.9% |
Summary: The Bellingham real estate market had 55 homes for sale in November 2024, a 17.9% 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 | 23 | 19 | -17.4% |
| 3 Bedrooms | 19 | 18 | -5.3% |
| 4 Bedrooms | 24 | 17 | -29.2% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Bellingham 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 decreased by 17.4%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 29.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 21 | -4.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bellingham, you could pay more than the asking price. 61.9% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in Bellingham in November 2024, down by 4.5% month-over-month. Of the 21 sold homes, 33% were sold under asking, 5% were sold at asking, and 62% were sold over asking.
Days on Market for Bellingham, MA
How long does it take to sell a home in Bellingham, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 42 Days | +113.3% |
Summary: Homes in Bellingham had an average of 42 days on market in Nov 2024, up by 113.3% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Bellingham are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in Bellingham; 67% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.