Is Phillipston, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Phillipston is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Phillipston has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Phillipston, MA

How much do homes in Phillipston, MA cost?

Median Sold Price

$430,000

$268/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,000(+7.5%)

Key Takeaway

Homes in Phillipston have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in Phillipston was $430,000 in November 2024, up 7.5% from last year, and the median price per square foot was $268.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$350K
N/A
2 $312.5K$531.2K
+70.0%
3 $499.9K$430K
-14.0%
4 $227K$437.7K
+92.8%
5+ -$800K
N/A

Summary: Phillipston 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 70%, 3 bedroom homes decreased by 14%, 4 bedroom homes increased by 92.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Athol
+14.3%
Baldwinville
+13.5%
Phillipston
+7.5%
Templeton
+6.9%

Housing Supply in Phillipston, MA

How many homes are available in Phillipston, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1413-7.1%

Summary: The Phillipston real estate market had 13 homes for sale in November 2024, a 7.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 56
+20.0%
4 54
-20.0%
5+ 00
0.0%

Summary: The Phillipston 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 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Phillipston, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Phillipston in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for Phillipston, MA

How long does it take to sell a home in Phillipston, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
42 Days47 Days+11.9%

Summary: Homes in Phillipston had an average of 47 days on market in Nov 2024, up by 11.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Phillipston has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Phillipston; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

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