Is Boxborough, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boxborough is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Boxborough has remained a Seller's Market.

Key Takeaway

Boxborough is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Boxborough, MA

How much do homes in Boxborough, MA cost?

Median Sold Price

$712,500

$329/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$220,050(+44.7%)

Key Takeaway

Homes in Boxborough have sold for 44.7% more than they did a year ago.

Summary: The median home sold price in Boxborough was $712,500 in October 2024, up 44.7% from last year, and the median price per square foot was $329.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $197K$205K
+4.1%
2 $304K$242.5K
-20.2%
3 $700.5K$787.5K
+12.4%
4 $910K$1.0M
+18.7%
5+ $1.2M$2.4M
+94.1%

Summary: Boxborough housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes decreased by 20.2%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes increased by 94.1%.

Median Sold Price Compared To Nearby Cities

Boxborough
+44.7%
Harvard
+10.9%
Acton
+8.9%
Littleton
+1.4%

Housing Supply in Boxborough, MA

How many homes are available in Boxborough, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2123+9.5%

Summary: The Boxborough real estate market had 23 homes for sale in October 2024, a 9.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 44
0.0%
3 88
0.0%
4 67
+16.7%
5+ 00
0.0%

Summary: The Boxborough housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
660.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boxborough, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Boxborough in October 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Boxborough, MA

How long does it take to sell a home in Boxborough, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
102 Days17 Days-82.5%

Summary: Homes in Boxborough had an average of 17 days on market in Oct 2024, down by 82.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Boxborough are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Boxborough; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Boxborough, MA

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What housing markets are near Boxborough, MA?