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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harvard is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Harvard has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Harvard, MA

How much do homes in Harvard, MA cost?

Median Sold Price

$985,000

$328/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$90,000(+10.1%)

Key Takeaway

Homes in Harvard have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in Harvard was $985,000 in December 2024, up 10.1% from last year, and the median price per square foot was $328.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $680.7K$462.5K
-32.1%
3 $730K$825K
+13.0%
4 $1.0M$990K
-5.7%
5+ $1.7M$1.2M
-29.0%

Summary: Harvard housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 32.1%, 3 bedroom homes increased by 13%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 29%.

Median Sold Price Compared To Nearby Cities

Boxborough
+44.5%
Lancaster
+11.0%
Harvard
+10.1%
Ayer
+8.6%

Housing Supply in Harvard, MA

How many homes are available in Harvard, MA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2315-34.8%

Summary: The Harvard real estate market had 15 homes for sale in December 2024, a 34.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 44
0.0%
3 96
-33.3%
4 62
-66.7%
5+ 43
-25.0%

Summary: The Harvard housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Harvard in December 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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

Dec 2023Dec 2024CHANGE
90 Days34 Days-62.2%

Summary: Homes in Harvard had an average of 34 days on market in Dec 2024, down by 62.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 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 December 2024, 5 homes were sold in Harvard; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in Harvard, MA

Nearby Markets to Harvard, MA