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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harvard is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Harvard was a Seller's Market.

Key Takeaway

Harvard is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Harvard, MA

How much do homes in Harvard, MA cost?

Median Sold Price

$987,500

$330/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$152,250(+18.2%)

Key Takeaway

Homes in Harvard have sold for 18.2% more than they did a year ago.

Summary: The median home sold price in Harvard was $987,500 in September 2024, up 18.2% from last year, and the median price per square foot was $330.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $680.7K$541.2K
-20.5%
3 $747.5K$825K
+10.4%
4 $945K$1.0M
+10.2%
5+ $1.4M$1.3M
-7.0%

Summary: Harvard housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.5%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes decreased by 7%.

Median Sold Price Compared To Nearby Cities

Boxborough
+42.9%
Harvard
+18.2%
Lancaster
+15.9%
Ayer
+9.0%

Housing Supply in Harvard, MA

How many homes are available in Harvard, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2430+25.0%

Summary: The Harvard real estate market had 30 homes for sale in September 2024, a 25.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 69
+50.0%
4 1111
0.0%
5+ 56
+20.0%

Summary: The Harvard housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harvard, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Harvard in September 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Harvard, MA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
18 Days92 Days+405.9%

Summary: Homes in Harvard had an average of 92 days on market in Sep 2024, up by 405.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Harvard are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 4 homes were sold in Harvard; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 Sep 1, 2024

Newest Listings in Harvard, MA

Nearby Markets to Harvard, MA