$7,718 Closing Credit*
$649,900
2,356 SqFt
4 Beds
•3 Full Baths, 1 Partial
#73313045, Patty Palmer, Listing Office: Jack Walker Realtor®
Is Northbridge, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Northbridge has remained a Seller's Market.
Key Takeaway
Northbridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northbridge, MA
How much do homes in Northbridge, MA cost?
Median Sold Price
$475,500
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$27,500(-5.5%)
Key Takeaway
Homes in Northbridge have sold for 5.5% less than they did a year ago.
Summary: The median home sold price in Northbridge was $475,500 in October 2024, down 5.5% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $308K | +31.1% |
| 2 Bedrooms | $339.4K | $345K | +1.6% |
| 3 Bedrooms | $447.5K | $457.5K | +2.2% |
| 4 Bedrooms | $688.2K | $640K | -7.0% |
| 5+ Bedrooms | $420K | $550K | +31.0% |
Summary: Northbridge housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.1%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes increased by 31%.
Housing Supply in Northbridge, MA
How many homes are available in Northbridge, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 48 | -5.9% |
Summary: The Northbridge real estate market had 48 homes for sale in October 2024, a 5.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 23 | 23 | 0.0% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Northbridge 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northbridge, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Northbridge in October 2024, down by 23.1% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.
Days on Market for Northbridge, MA
How long does it take to sell a home in Northbridge, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 28 Days | +4.5% |
Summary: Homes in Northbridge had an average of 28 days on market in Oct 2024, up by 4.5% compared to last year.
Breakdown of Home Sale Times
7 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 Northbridge are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Northbridge; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
