$952,000
78.00 Acres
Land
#73309467, Lynn Walsh, Listing Office: Coldwell Banker Realty - Leominster
Is Phillipston, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Phillipston was a Seller's Market.
Key Takeaway
Phillipston is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
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 October 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 October 2024, up 7.5% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $350K | $425K | +21.4% |
| 3 Bedrooms | $499.9K | $432.5K | -13.5% |
| 4 Bedrooms | $227K | $415.4K | +83.0% |
| 5+ Bedrooms | - | $800K | N/A |
Summary: Phillipston 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 21.4%, 3 bedroom homes decreased by 13.5%, 4 bedroom homes increased by 83%, and 5+ bedroom homes did not change.
Housing Supply in Phillipston, MA
How many homes are available in Phillipston, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 14 | -17.6% |
Summary: The Phillipston real estate market had 14 homes for sale in October 2024, a 17.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 10 | 6 | -40.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Phillipston 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 remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Phillipston, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Phillipston in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 34 Days | +32.7% |
Summary: Homes in Phillipston had an average of 34 days on market in Oct 2024, up by 32.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Phillipston are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Phillipston; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
