$10,000 Closing Credit*
$1,290,000
6,304 SqFt
9 Beds
•4 Full Baths
#73305045, Vesta Group, Listing Office: Vesta Real Estate Group, Inc.
Is Millis, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Millis was a Seller's Market.
Key Takeaway
Millis is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Millis, MA
How much do homes in Millis, MA cost?
Median Sold Price
$732,450
$345/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$42,500(+6.2%)
Key Takeaway
Homes in Millis have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Millis was $732,450 in September 2024, up 6.2% from last year, and the median price per square foot was $345.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $734.7K | $814.3K | +10.8% |
| 3 Bedrooms | $604.5K | $625K | +3.4% |
| 4 Bedrooms | $750K | $870K | +16.0% |
| 5+ Bedrooms | $821.5K | $757.1K | -7.8% |
Summary: Millis housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 16%, and 5+ bedroom homes decreased by 7.8%.
Housing Supply in Millis, MA
How many homes are available in Millis, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 29 | 38 | +31.0% |
Summary: The Millis real estate market had 38 homes for sale in September 2024, a 31.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 11 | +57.1% |
| 3 Bedrooms | 8 | 11 | +37.5% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Millis housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 57.1%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Millis, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Millis in September 2024, down by 14.3% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 63 Days | 29 Days | -53.3% |
Summary: Homes in Millis had an average of 29 days on market in Sep 2024, down by 53.3% compared to last year.
Breakdown of Home Sale Times
4 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 September 2024, 6 homes were sold in Millis; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
