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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middleboro is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Middleboro, MA

How much do homes in Middleboro, MA cost?

Median Sold Price

$520,000

$284/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,550(+4.5%)

Key Takeaway

Homes in Middleboro have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in Middleboro was $520,000 in November 2024, up 4.5% from last year, and the median price per square foot was $284.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$250K
N/A
2 $372.5K$396.7K
+6.5%
3 $500K$525K
+5.0%
4 $610.5K$595K
-2.5%
5+ $560K$575K
+2.7%

Summary: Middleboro housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 2.7%.

Median Sold Price Compared To Nearby Cities

Lakeville
+10.4%
East Taunton
+5.5%
Bridgewater
+5.0%
Middleboro
+4.5%
Middleborough
+4.5%

Housing Supply in Middleboro, MA

How many homes are available in Middleboro, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7162-12.7%

Summary: The Middleboro real estate market had 62 homes for sale in November 2024, a 12.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1412
-14.3%
3 3330
-9.1%
4 1814
-22.2%
5+ 55
0.0%

Summary: The Middleboro housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1619+18.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middleboro, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Middleboro in November 2024, up by 18.8% month-over-month. Of the 19 sold homes, 47% were sold under asking, 16% were sold at asking, and 37% were sold over asking.

Days on Market for Middleboro, MA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days38 Days+79.6%

Summary: Homes in Middleboro had an average of 38 days on market in Nov 2024, up by 79.6% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 19 homes were sold in Middleboro; 53% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 5% 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 20 Days Ago

Newest Listings in Middleboro, MA

Nearby Markets to Middleboro, MA

What housing markets are near Middleboro, MA?