Is Quinsigamond Village, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Quinsigamond Village is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Quinsigamond Village, MA

How much do homes in Quinsigamond Village, MA cost?

Median Sold Price

$395,000

$251/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+2.6%)

Key Takeaway

Homes in Quinsigamond Village have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Quinsigamond Village was $395,000 in November 2024, up 2.6% from last year, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$184.5K
N/A
2 $281K$300K
+6.8%
3 $392K$390K
-0.5%
4 $350K$495K
+41.4%
5+ $555K$670K
+20.7%

Summary: Quinsigamond Village 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 6.8%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 41.4%, and 5+ bedroom homes increased by 20.7%.

Median Sold Price Compared To Nearby Neighborhoods

Southern Worcester
+3.2%
Broadmeadow
+2.9%
Quinsigamond Village
+2.6%
Vernon Hill
-9.1%

Housing Supply in Quinsigamond Village, MA

How many homes are available in Quinsigamond Village, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1513-13.3%

Summary: The Quinsigamond Village real estate market had 13 homes for sale in November 2024, a 13.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 65
-16.7%
4 00
0.0%
5+ 63
-50.0%

Summary: The Quinsigamond Village 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 66.7%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Quinsigamond Village, 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 Quinsigamond Village in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Quinsigamond Village, MA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days48 Days+42.2%

Summary: Homes in Quinsigamond Village had an average of 48 days on market in Nov 2024, up by 42.2% 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 Quinsigamond Village has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Quinsigamond Village; 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 17 Days Ago

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