$2,553 Closing Credit*
$215,000
624 SqFt
1 Bed
•1 Full Bath
#73312143, Kaitlyn Giard, Listing Office: Cohn & Company
Is Montague, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Montague was a Neutral Market.
Key Takeaway
Montague is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Montague, MA
How much do homes in Montague, MA cost?
Median Sold Price
$312,500
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,250(+12.7%)
Key Takeaway
Homes in Montague have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Montague was $312,500 in October 2024, up 12.7% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $190K | -20.8% |
| 2 Bedrooms | $212.2K | $244K | +15.0% |
| 3 Bedrooms | $309K | $367.5K | +18.9% |
| 4 Bedrooms | $287.5K | $336.5K | +17.0% |
| 5+ Bedrooms | $255K | $336K | +31.8% |
Summary: Montague housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.8%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 31.8%.
Median Sold Price Compared To Nearby Cities
| Turners Falls | $275.5K | $317.2K | +15.2% |
| Montague | $277.2K | $312.5K | +12.7% |
| Greenfield Town | $288.7K | $309K | +7.0% |
Housing Supply in Montague, MA
How many homes are available in Montague, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 17 | +30.8% |
Summary: The Montague real estate market had 17 homes for sale in October 2024, a 30.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Montague housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Montague, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Montague in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Montague, MA
How long does it take to sell a home in Montague, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 13 Days | -39.7% |
Summary: Homes in Montague had an average of 13 days on market in Oct 2024, down by 39.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Montague are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Montague; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
