$6,827 Closing Credit*
$574,900
2,077 SqFt
3 Beds
•1 Full Bath, 1 Partial
#73313939, Austin Gordon, Listing Office: EXIT Assurance Realty
Is Pepperell, 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, Pepperell has remained a Seller's Market.
Key Takeaway
Pepperell is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pepperell, MA
How much do homes in Pepperell, MA cost?
Median Sold Price
$553,500
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,500(+7.9%)
Key Takeaway
Homes in Pepperell have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in Pepperell was $553,500 in October 2024, up 7.9% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $310K | $328.5K | +6.0% |
| 3 Bedrooms | $479.9K | $541.7K | +12.9% |
| 4 Bedrooms | $675K | $644K | -4.6% |
| 5+ Bedrooms | $555K | $595K | +7.2% |
Summary: Pepperell housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 7.2%.
Median Sold Price Compared To Nearby Cities
| Dunstable | $800K | $915K | +14.4% |
| Pepperell | $513K | $553.5K | +7.9% |
| Townsend | $457.5K | $475K | +3.8% |
| Groton | $750K | $748.9K | -0.1% |
Housing Supply in Pepperell, MA
How many homes are available in Pepperell, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 42 | 0.0% |
Summary: The Pepperell real estate market had 42 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 17 | 18 | +5.9% |
| 4 Bedrooms | 19 | 18 | -5.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Pepperell 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 20%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 10 | -37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pepperell, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Pepperell in October 2024, down by 37.5% month-over-month. Of the 10 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for Pepperell, MA
How long does it take to sell a home in Pepperell, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 59 Days | +62.7% |
Summary: Homes in Pepperell had an average of 59 days on market in Oct 2024, up by 62.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pepperell are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Pepperell; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
