$3,563 Closing Credit*
$300,000
2,368 SqFt
5 Beds
•3 Full Baths
#73320109, King Group, Listing Office: RE/MAX Connections
Is Monson, 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, Monson has remained a Seller's Market.
Key Takeaway
Monson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Monson, MA
How much do homes in Monson, MA cost?
Median Sold Price
$387,500
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$52,500(+15.7%)
Key Takeaway
Homes in Monson have sold for 15.7% more than they did a year ago.
Summary: The median home sold price in Monson was $387,500 in November 2024, up 15.7% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $266.2K | $307.5K | +15.5% |
| 3 Bedrooms | $339K | $385K | +13.6% |
| 4 Bedrooms | $342.6K | $475.6K | +38.8% |
| 5+ Bedrooms | $395K | $355K | -10.1% |
Summary: Monson 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 15.5%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 38.8%, and 5+ bedroom homes decreased by 10.1%.
Median Sold Price Compared To Nearby Cities
| Monson | $335K | $387.5K | +15.7% |
| Palmer Town | $290K | $321K | +10.7% |
| Palmer | $300K | $331.7K | +10.6% |
Housing Supply in Monson, MA
How many homes are available in Monson, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 11 | -42.1% |
Summary: The Monson real estate market had 11 homes for sale in November 2024, a 42.1% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 10 | 5 | -50.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Monson 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 increased by 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Monson, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Monson in November 2024, down by 60.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Monson, MA
How long does it take to sell a home in Monson, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 35 Days | +60.6% |
Summary: Homes in Monson had an average of 35 days on market in Nov 2024, up by 60.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Monson has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Monson; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
