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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marshfield is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Marshfield, MA

How much do homes in Marshfield, MA cost?

Median Sold Price

$774,000

$379/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$61,500(+8.6%)

Key Takeaway

Homes in Marshfield have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in Marshfield was $774,000 in November 2024, up 8.6% from last year, and the median price per square foot was $379.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $225.5K$395K
+75.2%
2 $501.1K$580K
+15.7%
3 $695K$715K
+2.9%
4 $850K$1.0M
+22.9%
5+ $1.3M$1.2M
-10.0%

Summary: Marshfield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 75.2%, 2 bedroom homes increased by 15.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 22.9%, and 5+ bedroom homes decreased by 10%.

Median Sold Price Compared To Nearby Cities

Norwell
+18.1%
Duxbury
+17.4%
Marshfield
+8.6%
Pembroke
+3.7%
Scituate
+2.9%

Housing Supply in Marshfield, MA

How many homes are available in Marshfield, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7363-13.7%

Summary: The Marshfield real estate market had 63 homes for sale in November 2024, a 13.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 87
-12.5%
3 3534
-2.9%
4 2315
-34.8%
5+ 76
-14.3%

Summary: The Marshfield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 34.8%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2722-18.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marshfield, you could pay more than the asking price. 81.8% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in Marshfield in November 2024, down by 18.5% month-over-month. Of the 22 sold homes, 9% were sold under asking, 9% were sold at asking, and 82% were sold over asking.

Days on Market for Marshfield, MA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days20 Days-13.3%

Summary: Homes in Marshfield had an average of 20 days on market in Nov 2024, down by 13.3% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 22 homes were sold in Marshfield; 82% of homes were sold within 30 days, 18% 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 17 Days Ago

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