$5,759 Closing Credit*
$485,000
1,074 SqFt
3 Beds
•1 Full Bath
#73322258, Jennifer Juliano, Listing Office: Keller Williams Boston MetroWest
Is Marlborough, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Marlborough has remained a Seller's Market.
Key Takeaway
Marlborough is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marlborough, MA
How much do homes in Marlborough, MA cost?
Median Sold Price
$576,666
$312/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$51,666(+9.8%)
Key Takeaway
Homes in Marlborough have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in Marlborough was $576,666 in December 2024, up 9.8% from last year, and the median price per square foot was $312.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $225K | +2.3% |
| 2 Bedrooms | $425K | $430K | +1.2% |
| 3 Bedrooms | $520K | $565K | +8.7% |
| 4 Bedrooms | $650K | $725K | +11.5% |
| 5+ Bedrooms | $675K | $711K | +5.3% |
Summary: Marlborough housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Cities
| Marlborough | $525K | $576.6K | +9.8% |
| Southborough | $930K | $998K | +7.3% |
| Hudson | $560K | $600K | +7.1% |
| Framingham | $621.2K | $652.2K | +5.0% |
Housing Supply in Marlborough, MA
How many homes are available in Marlborough, MA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 88 | 58 | -34.1% |
Summary: The Marlborough real estate market had 58 homes for sale in December 2024, a 34.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 32 | 15 | -53.1% |
| 4 Bedrooms | 33 | 21 | -36.4% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Marlborough 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 increased by 9.1%, 3 bedroom homes decreased by 53.1%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 31 | 27 | -12.9% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marlborough, you could pay more than the asking price. 48.1% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in Marlborough in December 2024, down by 12.9% month-over-month. Of the 27 sold homes, 44% were sold under asking, 7% were sold at asking, and 48% were sold over asking.
Days on Market for Marlborough, MA
How long does it take to sell a home in Marlborough, MA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 22 Days | 30 Days | +36.4% |
Summary: Homes in Marlborough had an average of 30 days on market in Dec 2024, up by 36.4% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Marlborough are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 27 homes were sold in Marlborough; 67% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
