$4,155 Closing Credit*
$349,900
570 SqFt
Studio
•1 Bath
#73313376, Manoel Neto, Listing Office: LAER Realty Partners
Is Charlestown, 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, 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
$945,000
$847/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,000(+1.7%)
Key Takeaway
Homes in Charlestown have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Charlestown was $945,000 in October 2024, up 1.7% from last year, and the median price per square foot was $847.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $550K | $615K | +11.8% |
| 2 Bedrooms | $812.5K | $855K | +5.2% |
| 3 Bedrooms | $1.3M | $1.3M | 0.0% |
| 4 Bedrooms | $1.5M | $1.8M | +19.4% |
| 5+ Bedrooms | $2.0M | $2.2M | +8.4% |
Summary: Charlestown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.8%, 2 bedroom homes increased by 5.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 8.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Bunker Hill | $1.1M | $1.1M | +4.1% |
| Charlestown | $929K | $945K | +1.7% |
Housing Supply in Charlestown, MA
How many homes are available in Charlestown, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 67 | 73 | +9.0% |
Summary: The Charlestown real estate market had 73 homes for sale in October 2024, a 9.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 13 | -13.3% |
| 2 Bedrooms | 26 | 29 | +11.5% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 8 | 12 | +50.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Charlestown housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 13.3%, 2 bedroom homes increased by 11.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Charlestown, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Charlestown in October 2024, up by 33.3% month-over-month. Of the 16 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 51 Days | +49.3% |
Summary: Homes in Charlestown had an average of 51 days on market in Oct 2024, up by 49.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 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 October 2024, 16 homes were sold in Charlestown; 69% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
