Is Newton Corner, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newton Corner is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Newton Corner has remained a Seller's Market.

Key Takeaway

Newton Corner is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Newton Corner, MA

How much do homes in Newton Corner, MA cost?

Median Sold Price

$1,507,000

$563/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$107,000(+7.6%)

Key Takeaway

Homes in Newton Corner have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Newton Corner was $1,507,000 in November 2024, up 7.6% from last year, and the median price per square foot was $563.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $478K$465K
-2.7%
2 $755K$885K
+17.2%
3 $1.0M$1.0M
-2.4%
4 $1.8M$1.7M
-4.5%
5+ $1.8M$2.0M
+9.4%

Summary: Newton Corner housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.7%, 2 bedroom homes increased by 17.2%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 9.4%.

Median Sold Price Compared To Nearby Neighborhoods

Newtonville
+8.7%
Newton Corner
+7.6%
Nonantum
-0.2%
Brighton
-18.5%

Housing Supply in Newton Corner, MA

How many homes are available in Newton Corner, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4336-16.3%

Summary: The Newton Corner real estate market had 36 homes for sale in November 2024, a 16.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 45
+25.0%
2 65
-16.7%
3 98
-11.1%
4 98
-11.1%
5+ 1510
-33.3%

Summary: The Newton Corner housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newton Corner, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Newton Corner in November 2024, up by 42.9% month-over-month. Of the 10 sold homes, 70% were sold under asking, 10% were sold at asking, and 20% were sold over asking.

Days on Market for Newton Corner, MA

How long does it take to sell a home in Newton Corner, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days29 Days+45.4%

Summary: Homes in Newton Corner had an average of 29 days on market in Nov 2024, up by 45.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Newton Corner are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in Newton Corner; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Newton Corner, MA

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