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 November 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

$452,500

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,500(+4.0%)

Key Takeaway

Homes in Millville have sold for 4% more than they did a year ago.

Summary: The median home sold price in Millville was $452,500 in November 2024, up 4% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $325K$310K
-4.6%
3 $455K$442.5K
-2.7%
4 $623K$652.4K
+4.7%
5+ $365K$520K
+42.5%

Summary: Millville 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 decreased by 4.6%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 42.5%.

Median Sold Price Compared To Nearby Cities

Mendon
+8.6%
Blackstone
+5.8%
Millville
+4.0%
North Smithfield
+3.7%

Housing Supply in Millville, MA

How many homes are available in Millville, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1315+15.4%

Summary: The Millville real estate market had 15 homes for sale in November 2024, a 15.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 67
+16.7%
4 46
+50.0%
5+ 11
0.0%

Summary: The Millville 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 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Millville, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Millville in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 0% were sold under asking, 60% were sold at asking, and 40% 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

Nov 2023Nov 2024CHANGE
17 Days27 Days+63.5%

Summary: Homes in Millville had an average of 27 days on market in Nov 2024, up by 63.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were 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 November 2024, 5 homes were sold in Millville; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Millville, MA

Nearby Markets to Millville, MA

What housing markets are near Millville, MA?