$10,000 Closing Credit*
$1,599,999
4,116 SqFt
9 Beds
•4 Full Baths
#73313506, Brigid Murphy, Listing Office: Access
Is Neponset, 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, Neponset was a Neutral Market.
Key Takeaway
Neponset is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Neponset, MA
How much do homes in Neponset, MA cost?
Median Sold Price
$690,000
$500/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$5,000(-0.7%)
Key Takeaway
Homes in Neponset have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in Neponset was $690,000 in October 2024, down 0.7% from last year, and the median price per square foot was $500.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $385K | $330K | -14.3% |
| 2 Bedrooms | $550K | $575K | +4.5% |
| 3 Bedrooms | $695K | $848K | +22.0% |
| 4 Bedrooms | $890K | $720K | -19.1% |
| 5+ Bedrooms | $1.1M | $982.5K | -10.7% |
Summary: Neponset housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 22%, 4 bedroom homes decreased by 19.1%, and 5+ bedroom homes decreased by 10.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Ashmont | $615K | $710K | +15.4% |
| Cedar Grove | $780K | $899K | +15.3% |
| Dorchester | $691.3K | $711.7K | +3.0% |
| Neponset | $695K | $690K | -0.7% |
Housing Supply in Neponset, MA
How many homes are available in Neponset, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 24 | -14.3% |
Summary: The Neponset real estate market had 24 homes for sale in October 2024, a 14.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 10 | 7 | -30.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Neponset housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 30%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Neponset, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Neponset in October 2024, up by 33.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Neponset, MA
How long does it take to sell a home in Neponset, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 18 Days | -15.1% |
Summary: Homes in Neponset had an average of 18 days on market in Oct 2024, down by 15.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Neponset are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Neponset; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
