Is Granville, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Granville is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Granville was a Neutral Market.

Key Takeaway

Granville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Granville, MA

How much do homes in Granville, MA cost?

Median Sold Price

$415,000

$233/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$70,000(+20.3%)

Key Takeaway

Homes in Granville have sold for 20.3% more than they did a year ago.

Summary: The median home sold price in Granville was $415,000 in November 2024, up 20.3% from last year, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$159.9K
N/A
2 -$400K
N/A
3 $318.7K$390K
+22.4%
4 $382.5K$486.2K
+27.1%
5+ $370K$922.5K
+149.3%

Summary: Granville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 22.4%, 4 bedroom homes increased by 27.1%, and 5+ bedroom homes increased by 149.3%.

Median Sold Price Compared To Nearby Cities

Russell
+43.4%
Granville
+20.3%
Westfield
+11.9%

Housing Supply in Granville, MA

How many homes are available in Granville, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
13130.0%

Summary: The Granville real estate market had 13 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 34
+33.3%
4 45
+25.0%
5+ 00
0.0%

Summary: The Granville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Granville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Granville in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Granville, MA

How long does it take to sell a home in Granville, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
40 Days118 Days+195.8%

Summary: Homes in Granville had an average of 118 days on market in Nov 2024, up by 195.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Granville are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in Granville; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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