$5,580 Closing Credit*
$469,900
1,488 SqFt
3 Beds
•2 Full Baths
#73314103, Brendan Manning, Listing Office: LPT Realty - Home & Key Group
Is Middleborough, 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, Middleborough has remained a Seller's Market.
Key Takeaway
Middleborough is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middleborough, MA
How much do homes in Middleborough, MA cost?
Median Sold Price
$524,900
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,900(+7.1%)
Key Takeaway
Homes in Middleborough have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Middleborough was $524,900 in October 2024, up 7.1% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | - | N/A |
| 2 Bedrooms | $372.5K | $396.7K | +6.5% |
| 3 Bedrooms | $499.9K | $525K | +5.0% |
| 4 Bedrooms | $600K | $625K | +4.2% |
| 5+ Bedrooms | $565K | $575K | +1.8% |
Summary: Middleborough 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 6.5%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 1.8%.
Median Sold Price Compared To Nearby Cities
| Lakeville | $519.5K | $582.5K | +12.1% |
| Bridgewater | $559K | $600K | +7.3% |
| Middleborough | $490K | $524.9K | +7.1% |
| Middleboro | $490K | $524.9K | +7.1% |
| East Taunton | $461K | $484K | +5.0% |
Housing Supply in Middleborough, MA
How many homes are available in Middleborough, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 68 | 64 | -5.9% |
Summary: The Middleborough real estate market had 64 homes for sale in October 2024, a 5.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 14 | 0.0% |
| 3 Bedrooms | 35 | 31 | -11.4% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Middleborough 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 remained the same, 3 bedroom homes decreased by 11.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 13 | -27.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middleborough, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Middleborough in October 2024, down by 27.8% month-over-month. Of the 13 sold homes, 31% were sold under asking, 23% were sold at asking, and 46% were sold over asking.
Days on Market for Middleborough, MA
How long does it take to sell a home in Middleborough, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 38 Days | +97.7% |
Summary: Homes in Middleborough had an average of 38 days on market in Oct 2024, up by 97.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Middleborough are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Middleborough; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
