$5,284 Closing Credit*
$445,000
1,531 SqFt
3 Beds
•2 Full Baths
#73319475, Powerhouse Team, Listing Office: Keller Williams Realty-Merrimack
Is Pepperell, 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, 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
$574,250
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$61,250(+11.9%)
Key Takeaway
Homes in Pepperell have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in Pepperell was $574,250 in November 2024, up 11.9% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $315K | $333.5K | +5.9% |
| 3 Bedrooms | $489.5K | $548.7K | +12.1% |
| 4 Bedrooms | $675K | $685K | +1.5% |
| 5+ Bedrooms | $564.9K | $595K | +5.3% |
Summary: Pepperell housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Cities
| Pepperell | $513K | $574.2K | +11.9% |
| Townsend | $460K | $479K | +4.1% |
| Groton | $750K | $755K | +0.7% |
Housing Supply in Pepperell, MA
How many homes are available in Pepperell, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 38 | -9.5% |
Summary: The Pepperell real estate market had 38 homes for sale in November 2024, a 9.5% decrease 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 18 | 16 | -11.1% |
| 4 Bedrooms | 19 | 15 | -21.1% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Pepperell 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 33.3%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pepperell, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Pepperell in November 2024, down by 20.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 24 Days | -28.2% |
Summary: Homes in Pepperell had an average of 24 days on market in Nov 2024, down by 28.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pepperell are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Pepperell; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
