$94,900
0.98 Acres
Land
#73320111, Michael Johnson, Listing Office: Lock and Key Realty Inc.
Is Greenfield Town, 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 Town has remained a Seller's Market.
Key Takeaway
Greenfield Town is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Greenfield Town, MA
How much do homes in Greenfield Town, MA cost?
Median Sold Price
$309,500
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,500(+6.0%)
Key Takeaway
Homes in Greenfield Town have sold for 6% more than they did a year ago.
Summary: The median home sold price in Greenfield Town was $309,500 in November 2024, up 6% 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 | $295K | $310.5K | +5.3% |
| 4 Bedrooms | $325K | $345K | +6.2% |
| 5+ Bedrooms | $345K | $460K | +33.3% |
Summary: Greenfield Town 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 5.3%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 33.3%.
Median Sold Price Compared To Nearby Cities
| Turners Falls | $277.2K | $312.5K | +12.7% |
| Montague | $287.5K | $311.2K | +8.3% |
| Greenfield | $292.5K | $311.3K | +6.4% |
| Greenfield Town | $292K | $309.5K | +6.0% |
Housing Supply in Greenfield Town, MA
How many homes are available in Greenfield Town, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 32 | -17.9% |
Summary: The Greenfield Town real estate market had 32 homes for sale in November 2024, a 17.9% 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 | 10 | 7 | -30.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Greenfield Town 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 30%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
3 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 Town, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Greenfield Town in November 2024, down by 41.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Greenfield Town, MA
How long does it take to sell a home in Greenfield Town, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 39 Days | -23.9% |
Summary: Homes in Greenfield Town had an average of 39 days on market in Nov 2024, down by 23.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Greenfield Town are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Greenfield Town; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
