$5,213 Closing Credit*
$439,000
1,621 SqFt
3 Beds
•2 Full Baths
#73318961, Linda Webster, Listing Office: Coldwell Banker Community REALTORS®
Is Longmeadow, 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, Longmeadow has remained a Seller's Market.
Key Takeaway
Longmeadow is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Longmeadow, MA
How much do homes in Longmeadow, MA cost?
Median Sold Price
$470,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$3,000(-0.6%)
Key Takeaway
Homes in Longmeadow have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in Longmeadow was $470,000 in November 2024, down 0.6% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $318.5K | $375K | +17.7% |
| 3 Bedrooms | $420K | $430K | +2.4% |
| 4 Bedrooms | $508.9K | $543.7K | +6.8% |
| 5+ Bedrooms | $585.5K | $650K | +11.0% |
Summary: Longmeadow 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 17.7%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 11%.
Median Sold Price Compared To Nearby Cities
| Enfield | $273.3K | $299.1K | +9.4% |
| East Longmeadow | $380K | $388.4K | +2.2% |
| Longmeadow | $473K | $470K | -0.6% |
| Agawam | $302.5K | $300K | -0.8% |
| Agawam Town | $320K | $315.1K | -1.5% |
Housing Supply in Longmeadow, MA
How many homes are available in Longmeadow, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 44 | -34.3% |
Summary: The Longmeadow real estate market had 44 homes for sale in November 2024, a 34.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 32 | 20 | -37.5% |
| 4 Bedrooms | 26 | 13 | -50.0% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Longmeadow 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 remained the same, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 20 | -9.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Longmeadow, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in Longmeadow in November 2024, down by 9.1% month-over-month. Of the 20 sold homes, 35% were sold under asking, 15% were sold at asking, and 50% were sold over asking.
Days on Market for Longmeadow, MA
How long does it take to sell a home in Longmeadow, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 40 Days | +69.9% |
Summary: Homes in Longmeadow had an average of 40 days on market in Nov 2024, up by 69.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Longmeadow are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 20 homes were sold in Longmeadow; 50% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
