$7,718 Closing Credit*
$649,900
2,940 SqFt
4 Beds
•2 Full Baths
#73316886, The Varano Realty Group, Listing Office: Keller Williams Realty
Is Randolph, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Randolph has remained a Seller's Market.
Key Takeaway
Randolph is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Randolph, MA
How much do homes in Randolph, MA cost?
Median Sold Price
$550,000
$330/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,000(+10.0%)
Key Takeaway
Homes in Randolph have sold for 10% more than they did a year ago.
Summary: The median home sold price in Randolph was $550,000 in November 2024, up 10% from last year, and the median price per square foot was $330.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $240K | +9.1% |
| 2 Bedrooms | $400K | $425K | +6.3% |
| 3 Bedrooms | $500K | $540K | +8.0% |
| 4 Bedrooms | $575K | $671.5K | +16.8% |
| 5+ Bedrooms | $725K | $773.4K | +6.7% |
Summary: Randolph housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Cities
| Holbrook | $475K | $525K | +10.5% |
| Randolph | $500K | $550K | +10.0% |
| Quincy | $620.2K | $670.2K | +8.1% |
| Braintree | $632K | $653.3K | +3.4% |
| Braintree Town | $632K | $653.3K | +3.4% |
Housing Supply in Randolph, MA
How many homes are available in Randolph, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 71 | 58 | -18.3% |
Summary: The Randolph real estate market had 58 homes for sale in November 2024, a 18.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 13 | 10 | -23.1% |
| 3 Bedrooms | 32 | 23 | -28.1% |
| 4 Bedrooms | 15 | 13 | -13.3% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Randolph 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 23.1%, 3 bedroom homes decreased by 28.1%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 11 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Randolph, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Randolph in November 2024, down by 50.0% month-over-month. Of the 11 sold homes, 27% were sold under asking, 0% were sold at asking, and 73% were sold over asking.
Days on Market for Randolph, MA
How long does it take to sell a home in Randolph, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 18 Days | -21.7% |
Summary: Homes in Randolph had an average of 18 days on market in Nov 2024, down by 21.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Randolph are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Randolph; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
