$7,719 Closing Credit*
$650,000
2,288 SqFt
4 Beds
•2 Full Baths
#73320380, Jessica Knight, Listing Office: Keller Williams Realty
Is Brockton, 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, 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
$497,405
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$37,405(+8.1%)
Key Takeaway
Homes in Brockton have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Brockton was $497,405 in November 2024, up 8.1% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $217.5K | $240K | +10.3% |
| 2 Bedrooms | $323K | $305K | -5.6% |
| 3 Bedrooms | $441.5K | $476.2K | +7.9% |
| 4 Bedrooms | $530K | $545K | +2.8% |
| 5+ Bedrooms | $657.5K | $715K | +8.7% |
Summary: Brockton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 8.7%.
Housing Supply in Brockton, MA
How many homes are available in Brockton, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 243 | 217 | -10.7% |
Summary: The Brockton real estate market had 217 homes for sale in November 2024, a 10.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 11 | -8.3% |
| 2 Bedrooms | 39 | 32 | -17.9% |
| 3 Bedrooms | 109 | 105 | -3.7% |
| 4 Bedrooms | 45 | 42 | -6.7% |
| 5+ Bedrooms | 38 | 27 | -28.9% |
Summary: The Brockton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.3%, 2 bedroom homes decreased by 17.9%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 28.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 75 | 54 | -28.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brockton, you could pay more than the asking price. 59.3% of homes here sold above asking price last month.
Summary: A total of 54 homes were sold or pending in Brockton in November 2024, down by 28.0% month-over-month. Of the 54 sold homes, 31% were sold under asking, 9% were sold at asking, and 59% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 31 Days | +31.0% |
Summary: Homes in Brockton had an average of 31 days on market in Nov 2024, up by 31% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
2 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 November 2024, 54 homes were sold in Brockton; 57% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
