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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maynard is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Maynard, MA

How much do homes in Maynard, MA cost?

Median Sold Price

$541,000

$345/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,000(+3.0%)

Key Takeaway

Homes in Maynard have sold for 3% more than they did a year ago.

Summary: The median home sold price in Maynard was $541,000 in October 2024, up 3% from last year, and the median price per square foot was $345.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $440K$469K
+6.6%
3 $546K$550K
+0.7%
4 $657.5K$661K
0.5%
5+ $910K$685K
-24.7%

Summary: Maynard 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 6.6%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes decreased by 24.7%.

Median Sold Price Compared To Nearby Cities

Sudbury
+10.6%
Acton
+8.9%
Stow
+6.7%
Maynard
+3.0%
Concord
-1.6%

Housing Supply in Maynard, MA

How many homes are available in Maynard, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3137+19.4%

Summary: The Maynard real estate market had 37 homes for sale in October 2024, a 19.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 1416
+14.3%
4 68
+33.3%
5+ 58
+60.0%

Summary: The Maynard 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 16.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maynard, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Maynard in October 2024, up by 42.9% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.

Days on Market for Maynard, MA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days22 Days+4.5%

Summary: Homes in Maynard had an average of 22 days on market in Oct 2024, up by 4.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 10 homes were sold in Maynard; 70% of homes were sold within 30 days, 30% 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 16 Days Ago

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