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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plymouth is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Plymouth, MA

How much do homes in Plymouth, MA cost?

Median Sold Price

$626,000

$347/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$56,000(+9.8%)

Key Takeaway

Homes in Plymouth have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in Plymouth was $626,000 in November 2024, up 9.8% from last year, and the median price per square foot was $347.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $412K$320K
-22.3%
2 $540K$569.9K
+5.5%
3 $575K$626.4K
+9.0%
4 $685K$715K
+4.4%
5+ $800K$850K
+6.3%

Summary: Plymouth housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.3%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 6.3%.

Median Sold Price Compared To Nearby Cities

Carver
+15.0%
Plymouth
+9.8%
East Wareham
+9.5%
Wareham
+8.4%
Sagamore Beach
-1.1%

Housing Supply in Plymouth, MA

How many homes are available in Plymouth, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
295261-11.5%

Summary: The Plymouth real estate market had 261 homes for sale in November 2024, a 11.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 812
+50.0%
2 9987
-12.1%
3 125113
-9.6%
4 5137
-27.5%
5+ 1212
0.0%

Summary: The Plymouth housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 12.1%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes decreased by 27.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6555-15.4%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plymouth, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 55 homes were sold or pending in Plymouth in November 2024, down by 15.4% month-over-month. Of the 55 sold homes, 40% were sold under asking, 22% were sold at asking, and 38% were sold over asking.

Days on Market for Plymouth, MA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
36 Days32 Days-12.1%

Summary: Homes in Plymouth had an average of 32 days on market in Nov 2024, down by 12.1% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 55 homes were sold in Plymouth; 60% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 2% 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

Newest Listings in Plymouth, MA

Nearby Markets to Plymouth, MA

What housing markets are near Plymouth, MA?