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 September 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

$445,000

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$20,100(+4.7%)

Key Takeaway

Homes in Millville have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Millville was $445,000 in September 2024, up 4.7% from last year, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $295K$315K
+6.8%
3 $340K$445K
+30.9%
4 $623K$620K
-0.5%
5+ $365K$503K
+37.8%

Summary: Millville 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 6.8%, 3 bedroom homes increased by 30.9%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 37.8%.

Median Sold Price Compared To Nearby Cities

Mendon
+12.1%
Blackstone
+11.5%
Millville
+4.7%
North Smithfield
+3.5%

Housing Supply in Millville, MA

How many homes are available in Millville, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1211-8.3%

Summary: The Millville real estate market had 11 homes for sale in September 2024, a 8.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 46
+50.0%
4 42
-50.0%
5+ 11
0.0%

Summary: The Millville 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 decreased by 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Millville in September 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Sep 2023Sep 2024CHANGE
20 Days23 Days+13.1%

Summary: Homes in Millville had an average of 23 days on market in Sep 2024, up by 13.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 September 2024, 2 homes were sold in Millville; 50% of homes were sold within 30 days, 50% 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 29 Days Ago

Newest Listings in Millville, MA

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