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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mattapan is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Mattapan, MA

How much do homes in Mattapan, MA cost?

Median Sold Price

$612,000

$361/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$58,000(-8.7%)

Key Takeaway

Homes in Mattapan have sold for 8.7% less than they did a year ago.

Summary: The median home sold price in Mattapan was $612,000 in November 2024, down 8.7% from last year, and the median price per square foot was $361.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $525K$448.4K
-14.6%
2 $549.9K$510K
-7.3%
3 $542.5K$550K
+1.4%
4 $670K$612.5K
-8.6%
5+ $795K$830K
+4.4%

Summary: Mattapan housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.6%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes increased by 4.4%.

Median Sold Price Compared To Nearby Neighborhoods

Mattapan
-8.7%
West Lower Mills
-11.2%

Housing Supply in Mattapan, MA

How many homes are available in Mattapan, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5245-13.5%

Summary: The Mattapan real estate market had 45 homes for sale in November 2024, a 13.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 13
+200.0%
2 76
-14.3%
3 97
-22.2%
4 87
-12.5%
5+ 2722
-18.5%

Summary: The Mattapan housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 18.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
129-25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mattapan, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Mattapan in November 2024, down by 25.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 0% were sold at asking, and 44% were sold over asking.

Days on Market for Mattapan, MA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
32 Days45 Days+38.8%

Summary: Homes in Mattapan had an average of 45 days on market in Nov 2024, up by 38.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Mattapan has remained consistent over time.

Summary: During November 2024, 9 homes were sold in Mattapan; 33% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 11% 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

Newest Listings in Mattapan, MA

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