$7,896 Closing Credit*
$664,900
848 SqFt
2 Beds
•1 Full Bath
#73323353, The Goodrich Team, Listing Office: Compass
Is Charlestown, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Charlestown has remained a Seller's Market.
Key Takeaway
Charlestown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Charlestown, MA
How much do homes in Charlestown, MA cost?
Median Sold Price
$950,000
$852/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$25,000(+2.7%)
Key Takeaway
Homes in Charlestown have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Charlestown was $950,000 in December 2024, up 2.7% from last year, and the median price per square foot was $852.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $550K | $620K | +12.7% |
| 2 Bedrooms | $820K | $875K | +6.7% |
| 3 Bedrooms | $1.3M | $1.3M | +2.4% |
| 4 Bedrooms | $1.5M | $1.9M | +21.4% |
| 5+ Bedrooms | $2.3M | $1.9M | -20.1% |
Summary: Charlestown housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes decreased by 20.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Charlestown | $925K | $950K | +2.7% |
| Bunker Hill | $1.1M | $1.1M | -1.7% |
Housing Supply in Charlestown, MA
How many homes are available in Charlestown, MA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 44 | 35 | -20.5% |
Summary: The Charlestown real estate market had 35 homes for sale in December 2024, a 20.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 8 | -20.0% |
| 2 Bedrooms | 17 | 12 | -29.4% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Charlestown housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 29.4%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Charlestown, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Charlestown in December 2024, down by 8.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 27% were sold at asking, and 36% were sold over asking.
Days on Market for Charlestown, MA
How long does it take to sell a home in Charlestown, MA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 34 Days | 21 Days | -37.1% |
Summary: Homes in Charlestown had an average of 21 days on market in Dec 2024, down by 37.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Charlestown are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 11 homes were sold in Charlestown; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
