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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newton Upper Falls is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Newton Upper Falls, MA

How much do homes in Newton Upper Falls, MA cost?

Median Sold Price

$1,152,000

$523/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$162,000(+16.4%)

Key Takeaway

Homes in Newton Upper Falls have sold for 16.4% more than they did a year ago.

Summary: The median home sold price in Newton Upper Falls was $1,152,000 in November 2024, up 16.4% from last year, and the median price per square foot was $523.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $510K$412.5K
-19.1%
2 $720K$715.7K
-0.6%
3 $950K$905K
-4.7%
4 $1.4M$1.5M
+7.6%
5+ $1.7M$1.8M
+8.7%

Summary: Newton Upper Falls housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.1%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 8.7%.

Median Sold Price Compared To Nearby Neighborhoods

Newton Highlands
+28.2%
Newton Upper Falls
+16.4%
Waban
-7.4%

Housing Supply in Newton Upper Falls, MA

How many homes are available in Newton Upper Falls, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
20200.0%

Summary: The Newton Upper Falls real estate market had 20 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 32
-33.3%
4 78
+14.3%
5+ 43
-25.0%

Summary: The Newton Upper Falls housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newton Upper Falls, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Newton Upper Falls in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Newton Upper Falls, MA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days74 Days+315.3%

Summary: Homes in Newton Upper Falls had an average of 74 days on market in Nov 2024, up by 315.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Newton Upper Falls has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Newton Upper Falls; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 Upper Falls, MA

Nearby Markets to Newton Upper Falls, MA