$5,224 Closing Credit*
$439,900
2,282 SqFt
5 Beds
•2 Full Baths, 1 Partial
#73311200, Jennifer Burritt, Listing Office: Keller Williams Realty
Is Longmeadow, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$477,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,500(+2.0%)
Key Takeaway
Homes in Longmeadow have sold for 2% more than they did a year ago.
Summary: The median home sold price in Longmeadow was $477,000 in October 2024, up 2% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $312K | $375K | +20.2% |
| 3 Bedrooms | $410.8K | $432.5K | +5.3% |
| 4 Bedrooms | $500K | $541.2K | +8.3% |
| 5+ Bedrooms | $599.5K | $637.5K | +6.3% |
Summary: Longmeadow housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.2%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 6.3%.
Median Sold Price Compared To Nearby Cities
| Enfield | $270K | $297.2K | +10.1% |
| Longmeadow | $467.5K | $477K | +2.0% |
| East Longmeadow | $381.2K | $385K | +1.0% |
| Agawam Town | $314.8K | $315.1K | 0.1% |
| Agawam | $300K | $300K | 0.0% |
Housing Supply in Longmeadow, MA
How many homes are available in Longmeadow, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 67 | 66 | -1.5% |
Summary: The Longmeadow real estate market had 66 homes for sale in October 2024, a 1.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 28 | 32 | +14.3% |
| 4 Bedrooms | 29 | 25 | -13.8% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Longmeadow housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 21 | +23.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Longmeadow, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Longmeadow in October 2024, up by 23.5% month-over-month. Of the 21 sold homes, 48% were sold under asking, 14% were sold at asking, and 38% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 34 Days | +15.6% |
Summary: Homes in Longmeadow had an average of 34 days on market in Oct 2024, up by 15.6% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
6 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 October 2024, 21 homes were sold in Longmeadow; 67% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
