$5,343 Closing Credit*
$449,900
1,595 SqFt
4 Beds
•2 Full Baths
#73320260, Amy Mullen, Listing Office: RE/MAX Prof Associates
Is Northbridge, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$470,000
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$23,500(-4.8%)
Key Takeaway
Homes in Northbridge have sold for 4.8% less than they did a year ago.
Summary: The median home sold price in Northbridge was $470,000 in November 2024, down 4.8% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $308K | +31.1% |
| 2 Bedrooms | $338.9K | $348.7K | +2.9% |
| 3 Bedrooms | $455K | $440K | -3.3% |
| 4 Bedrooms | $676.2K | $677.7K | 0.2% |
| 5+ Bedrooms | $445K | $542.5K | +21.9% |
Summary: Northbridge housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.1%, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 21.9%.
Housing Supply in Northbridge, MA
How many homes are available in Northbridge, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 52 | +2.0% |
Summary: The Northbridge real estate market had 52 homes for sale in November 2024, a 2.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 25 | 28 | +12.0% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Northbridge 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 decreased by 16.7%, 3 bedroom homes increased by 12%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 21 | +90.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northbridge, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in Northbridge in November 2024, up by 90.9% month-over-month. Of the 21 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 22 Days | -32.6% |
Summary: Homes in Northbridge had an average of 22 days on market in Nov 2024, down by 32.6% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
5 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 November 2024, 21 homes were sold in Northbridge; 76% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
