$4,749 Closing Credit*
$399,900
1,248 SqFt
3 Beds
•1 Full Bath
#73316031, Karen Afonso, Listing Office: Keller Williams Elite
Is Millis, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Millis has remained a Seller's Market.
Key Takeaway
Millis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Millis, MA
How much do homes in Millis, MA cost?
Median Sold Price
$757,500
$352/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$57,500(+8.2%)
Key Takeaway
Homes in Millis have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Millis was $757,500 in November 2024, up 8.2% from last year, and the median price per square foot was $352.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $718.7K | $847.9K | +18.0% |
| 3 Bedrooms | $615K | $618K | 0.5% |
| 4 Bedrooms | $750K | $884.9K | +18.0% |
| 5+ Bedrooms | $848.2K | $784.4K | -7.5% |
Summary: Millis 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 18%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 18%, and 5+ bedroom homes decreased by 7.5%.
Housing Supply in Millis, MA
How many homes are available in Millis, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 47 | 42 | -10.6% |
Summary: The Millis real estate market had 42 homes for sale in November 2024, a 10.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 11 | -26.7% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Millis 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 26.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Millis, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Millis in November 2024, down by 9.1% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.
Days on Market for Millis, MA
How long does it take to sell a home in Millis, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 24 Days | -15.0% |
Summary: Homes in Millis had an average of 24 days on market in Nov 2024, down by 15% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Millis are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Millis; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
