$5,938 Closing Credit*
$500,000
1,599 SqFt
4 Beds
•2 Full Baths
#73313116, Jason Cabrera, Listing Office: Coldwell Banker Realty - Easton
Is Brockton, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Brockton has remained a Seller's Market.
Key Takeaway
Brockton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brockton, MA
How much do homes in Brockton, MA cost?
Median Sold Price
$494,841
$313/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,884(+7.6%)
Key Takeaway
Homes in Brockton have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Brockton was $494,841 in October 2024, up 7.6% from last year, and the median price per square foot was $313.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $236K | +7.3% |
| 2 Bedrooms | $320K | $320K | 0.0% |
| 3 Bedrooms | $440K | $472.1K | +7.3% |
| 4 Bedrooms | $523K | $540K | +3.3% |
| 5+ Bedrooms | $650K | $720K | +10.8% |
Summary: Brockton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.3%, 2 bedroom homes did not change, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 10.8%.
Housing Supply in Brockton, MA
How many homes are available in Brockton, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 252 | 227 | -9.9% |
Summary: The Brockton real estate market had 227 homes for sale in October 2024, a 9.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 12 | +50.0% |
| 2 Bedrooms | 42 | 37 | -11.9% |
| 3 Bedrooms | 112 | 104 | -7.1% |
| 4 Bedrooms | 53 | 41 | -22.6% |
| 5+ Bedrooms | 37 | 33 | -10.8% |
Summary: The Brockton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 11.9%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 22.6%, and 5+ bedroom homes decreased by 10.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 74 | 62 | -16.2% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
41 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brockton, you could pay more than the asking price. 66.1% of homes here sold above asking price last month.
Summary: A total of 62 homes were sold or pending in Brockton in October 2024, down by 16.2% month-over-month. Of the 62 sold homes, 23% were sold under asking, 11% were sold at asking, and 66% were sold over asking.
Days on Market for Brockton, MA
How long does it take to sell a home in Brockton, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 32 Days | +13.7% |
Summary: Homes in Brockton had an average of 32 days on market in Oct 2024, up by 13.7% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brockton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 62 homes were sold in Brockton; 69% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
