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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Millville is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Millville, MA

How much do homes in Millville, MA cost?

Median Sold Price

$462,500

$260/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$7,750(-1.6%)

Key Takeaway

Homes in Millville have sold for 1.6% less than they did a year ago.

Summary: The median home sold price in Millville was $462,500 in December 2024, down 1.6% from last year, and the median price per square foot was $260.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $305K$310K
+1.6%
3 $469.5K$460K
-2.0%
4 $670K$652.4K
-2.6%
5+ $422.5K$523K
+23.8%

Summary: Millville housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.6%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 23.8%.

Median Sold Price Compared To Nearby Cities

Mendon
+10.1%
North Smithfield
+7.2%
Blackstone
+4.0%
Millville
-1.6%

Housing Supply in Millville, MA

How many homes are available in Millville, MA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
119-18.2%

Summary: The Millville real estate market had 9 homes for sale in December 2024, a 18.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 56
+20.0%
4 42
-50.0%
5+ 10
-100.0%

Summary: The Millville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Millville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Millville in December 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Millville, MA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
18 Days63 Days+250.0%

Summary: Homes in Millville had an average of 63 days on market in Dec 2024, up by 250% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 3 homes were sold in Millville; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 4 Days Ago

Newest Listings in Millville, MA

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