Is Newburyport North End, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newburyport North End is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Newburyport North End has remained a Seller's Market.

Key Takeaway

Newburyport North End is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Newburyport North End, MA

How much do homes in Newburyport North End, MA cost?

Median Sold Price

$767,000

$509/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$57,000(+8.0%)

Key Takeaway

Homes in Newburyport North End have sold for 8% more than they did a year ago.

Summary: The median home sold price in Newburyport North End was $767,000 in October 2024, up 8% from last year, and the median price per square foot was $509.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $379K$355K
-6.3%
2 $596.2K$630K
+5.7%
3 $775K$947.5K
+22.3%
4 $1.5M$1.2M
-16.8%
5+ $1.4M$1.2M
-10.1%

Summary: Newburyport North End housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 22.3%, 4 bedroom homes decreased by 16.8%, and 5+ bedroom homes decreased by 10.1%.

Median Sold Price Compared To Nearby Neighborhoods

Newburyport North End
+8.0%
Newburyport South End
0.0%

Housing Supply in Newburyport North End, MA

How many homes are available in Newburyport North End, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6174+21.3%

Summary: The Newburyport North End real estate market had 74 homes for sale in October 2024, a 21.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 2128
+33.3%
3 1821
+16.7%
4 1315
+15.4%
5+ 78
+14.3%

Summary: The Newburyport North End 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 33.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1024+140.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newburyport North End, you may be able to get a good deal. 45.8% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Newburyport North End in October 2024, up by 140.0% month-over-month. Of the 24 sold homes, 46% were sold under asking, 13% were sold at asking, and 42% were sold over asking.

Days on Market for Newburyport North End, MA

How long does it take to sell a home in Newburyport North End, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days36 Days+116.0%

Summary: Homes in Newburyport North End had an average of 36 days on market in Oct 2024, up by 116% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Newburyport North End are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 24 homes were sold in Newburyport North End; 67% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

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