Is Easthampton Town, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Easthampton Town has remained a Seller's Market.
Key Takeaway
Easthampton Town is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Easthampton Town, MA
How much do homes in Easthampton Town, MA cost?
Median Sold Price
$393,250
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Easthampton Town have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Easthampton Town was $393,250 in May 2024, up 3.3% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $668K | $699.9K | +4.8% |
| 2 Bedrooms | $335K | $345K | +3.0% |
| 3 Bedrooms | $380.7K | $392K | +3.0% |
| 4 Bedrooms | $431.7K | $401K | -7.1% |
| 5+ Bedrooms | $460K | $530K | +15.2% |
Summary: Easthampton Town housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 15.2%.
Median Sold Price Compared To Nearby Cities
| Florence | $377.5K | $432.5K | +14.6% |
| Northampton | $411K | $443.7K | +8.0% |
| Easthampton Town | $380.7K | $393.2K | +3.3% |
| Easthampton | $386.8K | $398K | +2.9% |
| Southampton | $435K | $432K | -0.7% |
Housing Supply in Easthampton Town, MA
How many homes are available in Easthampton Town, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 38 | +26.7% |
Summary: The Easthampton Town real estate market had 38 homes for sale in May 2024, a 26.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 14 | 18 | +28.6% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Easthampton Town housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 12 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Easthampton Town, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Easthampton Town in May 2024, up by 100.0% month-over-month. Of the 12 sold homes, 8% were sold under asking, 8% were sold at asking, and 83% were sold over asking.
Days on Market for Easthampton Town, MA
How long does it take to sell a home in Easthampton Town, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 13 Days | 16 Days | +19.1% |
Summary: Homes in Easthampton Town had an average of 16 days on market in May 2024, up by 19.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Easthampton Town are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 12 homes were sold in Easthampton Town; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
