$10,000 Closing Credit*
$1,399,000
3,812 SqFt
4 Beds
•3 Full Baths, 1 Partial
#73313340, Kristin Dewey, Listing Office: Kornerstone Real Estate Brokerage
Is Marshfield, 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, 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
$762,000
$383/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$52,000(+7.3%)
Key Takeaway
Homes in Marshfield have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Marshfield was $762,000 in October 2024, up 7.3% from last year, and the median price per square foot was $383.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225.5K | $395K | +75.2% |
| 2 Bedrooms | $467.5K | $580K | +24.1% |
| 3 Bedrooms | $685K | $710K | +3.6% |
| 4 Bedrooms | $820K | $1.0M | +27.7% |
| 5+ Bedrooms | $1.3M | $1.2M | -7.7% |
Summary: Marshfield housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 75.2%, 2 bedroom homes increased by 24.1%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 27.7%, and 5+ bedroom homes decreased by 7.7%.
Housing Supply in Marshfield, MA
How many homes are available in Marshfield, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 77 | 78 | +1.3% |
Summary: The Marshfield real estate market had 78 homes for sale in October 2024, a 1.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 8 | +100.0% |
| 3 Bedrooms | 34 | 38 | +11.8% |
| 4 Bedrooms | 28 | 25 | -10.7% |
| 5+ Bedrooms | 10 | 7 | -30.0% |
Summary: The Marshfield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 25 | +19.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marshfield, you could pay more than the asking price. 56% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in Marshfield in October 2024, up by 19.0% month-over-month. Of the 25 sold homes, 20% were sold under asking, 24% were sold at asking, and 56% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 24 Days | -26.4% |
Summary: Homes in Marshfield had an average of 24 days on market in Oct 2024, down by 26.4% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Marshfield are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 25 homes were sold in Marshfield; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
