$9,844 Closing Credit*
$829,000
1,592 SqFt
3 Beds
•2 Full Baths, 1 Partial
#73324244, Kerry Dowlin, Listing Office: Coldwell Banker Realty - Dorchester
Is Neponset, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Neponset was a Buyer's 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
$650,000
$498/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$70,000(-9.7%)
Key Takeaway
Homes in Neponset have sold for 9.7% less than they did a year ago.
Summary: The median home sold price in Neponset was $650,000 in December 2024, down 9.7% from last year, and the median price per square foot was $498.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $385K | $336K | -12.7% |
| 2 Bedrooms | $605K | $570K | -5.8% |
| 3 Bedrooms | $712.5K | $800K | +12.3% |
| 4 Bedrooms | $880K | $720K | -18.2% |
| 5+ Bedrooms | $1.0M | $1.0M | -4.0% |
Summary: Neponset housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.7%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 4%.
Median Sold Price Compared To Nearby Neighborhoods
| Ashmont | $625K | $730K | +16.8% |
| Cedar Grove | $790K | $907K | +14.8% |
| Dorchester | $685K | $719.1K | +5.0% |
| Neponset | $720K | $650K | -9.7% |
Housing Supply in Neponset, MA
How many homes are available in Neponset, MA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 15 | 9 | -40.0% |
Summary: The Neponset real estate market had 9 homes for sale in December 2024, a 40.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 8 | 4 | -50.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Neponset housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Neponset, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Neponset in December 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 114 Days | 38 Days | -66.2% |
Summary: Homes in Neponset had an average of 38 days on market in Dec 2024, down by 66.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 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 December 2024, 6 homes were sold in Neponset; 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.