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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boxford is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Boxford, MA

How much do homes in Boxford, MA cost?

Median Sold Price

$934,000

$320/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,000(+2.1%)

Key Takeaway

Homes in Boxford have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Boxford was $934,000 in October 2024, up 2.1% from last year, and the median price per square foot was $320.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $872.3K$415K
-52.4%
3 $769K$749.5K
-2.5%
4 $939.5K$985K
+4.8%
5+ $1.1M$1.3M
+13.5%

Summary: Boxford 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 52.4%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 13.5%.

Median Sold Price Compared To Nearby Cities

Groveland
+6.2%
Middleton
+5.1%
Topsfield
+4.1%
Georgetown
+3.0%
Boxford
+2.1%

Housing Supply in Boxford, MA

How many homes are available in Boxford, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3236+12.5%

Summary: The Boxford real estate market had 36 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 68
+33.3%
4 2121
0.0%
5+ 46
+50.0%

Summary: The Boxford housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
770.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boxford, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Boxford in October 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.

Days on Market for Boxford, MA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
55 Days33 Days-39.1%

Summary: Homes in Boxford had an average of 33 days on market in Oct 2024, down by 39.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in Boxford; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 20 Days Ago

Newest Listings in Boxford, MA

Nearby Markets to Boxford, MA

What housing markets are near Boxford, MA?