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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Phillipston is a neutral's market

Buyer's
Market

Difference Since September 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

$447,500

$269/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$47,000(+11.7%)

Key Takeaway

Homes in Phillipston have sold for 11.7% more than they did a year ago.

Summary: The median home sold price in Phillipston was $447,500 in September 2024, up 11.7% from last year, and the median price per square foot was $269.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $312.5K$423.7K
+35.6%
3 $439K$435K
-0.9%
4 $315K$352.5K
+11.9%
5+ -$800K
N/A

Summary: Phillipston housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.6%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Athol
+12.1%
Phillipston
+11.7%
Baldwinville
+9.0%
Templeton
-4.8%

Housing Supply in Phillipston, MA

How many homes are available in Phillipston, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
20200.0%

Summary: The Phillipston real estate market had 20 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 43
-25.0%
3 1111
0.0%
4 34
+33.3%
5+ 11
0.0%

Summary: The Phillipston housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
330.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Phillipston, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Phillipston in September 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% 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

Sep 2023Sep 2024CHANGE
16 Days27 Days+62.0%

Summary: Homes in Phillipston had an average of 27 days on market in Sep 2024, up by 62% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Phillipston are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 3 homes were sold in Phillipston; 67% of homes were sold within 30 days, 33% 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 29 Days Ago

Newest Listings in Phillipston, MA

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