$94,900
0.98 Acres
Land
#73320111, Michael Johnson, Listing Office: Lock and Key Realty Inc.
Is Greenfield, 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, Greenfield has remained a Seller's Market.
Key Takeaway
Greenfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Greenfield, MA
How much do homes in Greenfield, MA cost?
Median Sold Price
$311,350
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,850(+6.4%)
Key Takeaway
Homes in Greenfield have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Greenfield was $311,350 in November 2024, up 6.4% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $252K | $262.2K | +4.1% |
| 3 Bedrooms | $299.9K | $310.5K | +3.5% |
| 4 Bedrooms | $325K | $363K | +11.7% |
| 5+ Bedrooms | $345K | $460K | +33.3% |
Summary: Greenfield 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 increased by 4.1%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 33.3%.
Median Sold Price Compared To Nearby Cities
| Bernardston | $346.5K | $373.2K | +7.7% |
| Greenfield | $292.5K | $311.3K | +6.4% |
| Greenfield Town | $292K | $309.5K | +6.0% |
Housing Supply in Greenfield, MA
How many homes are available in Greenfield, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 33 | -17.5% |
Summary: The Greenfield real estate market had 33 homes for sale in November 2024, a 17.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 12 | 9 | -25.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Greenfield 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 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greenfield, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Greenfield in November 2024, down by 33.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Greenfield, MA
How long does it take to sell a home in Greenfield, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 40 Days | -21.4% |
Summary: Homes in Greenfield had an average of 40 days on market in Nov 2024, down by 21.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Greenfield are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Greenfield; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
