$3,848 Closing Credit*
$324,000
1,480 SqFt
3 Beds
•1 Full Bath
#73320207, Amanda Rivera, Listing Office: Coldwell Banker Community REALTORS®
Is Montague, 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, Montague has remained a Seller's 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
$311,250
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,750(+8.3%)
Key Takeaway
Homes in Montague have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Montague was $311,250 in November 2024, up 8.3% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $190K | -20.8% |
| 2 Bedrooms | $197.5K | $251K | +27.1% |
| 3 Bedrooms | $327.5K | $325.1K | -0.7% |
| 4 Bedrooms | $287.5K | $340K | +18.3% |
| 5+ Bedrooms | $255K | $336K | +31.8% |
Summary: Montague housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.8%, 2 bedroom homes increased by 27.1%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes increased by 31.8%.
Median Sold Price Compared To Nearby Cities
| Turners Falls | $277.2K | $312.5K | +12.7% |
| Montague | $287.5K | $311.2K | +8.3% |
| Greenfield Town | $292K | $309.5K | +6.0% |
Housing Supply in Montague, MA
How many homes are available in Montague, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 17 | -10.5% |
Summary: The Montague real estate market had 17 homes for sale in November 2024, a 10.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Montague housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 40%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 9 | +125.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 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 9 homes were sold or pending in Montague in November 2024, up by 125.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 11% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 20 Days | -35.6% |
Summary: Homes in Montague had an average of 20 days on market in Nov 2024, down by 35.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was 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 November 2024, 9 homes were sold in Montague; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
