$8,532 Closing Credit*
$718,500
2,075 SqFt
3 Beds
•1 Full Bath, 1 Partial
#73322995, Tiago Teixeira, Listing Office: Invest Realty Group
Is Randolph, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 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
$549,000
$330/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$49,000(+9.8%)
Key Takeaway
Homes in Randolph have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in Randolph was $549,000 in December 2024, up 9.8% from last year, and the median price per square foot was $330.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $240K | +9.1% |
| 2 Bedrooms | $349.5K | $425K | +21.6% |
| 3 Bedrooms | $500K | $545K | +9.0% |
| 4 Bedrooms | $571K | $670K | +17.3% |
| 5+ Bedrooms | $732.8K | $773.4K | +5.5% |
Summary: Randolph housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 21.6%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes increased by 5.5%.
Median Sold Price Compared To Nearby Cities
| Randolph | $500K | $549K | +9.8% |
| Quincy | $623.5K | $680K | +9.0% |
| Holbrook | $490K | $515K | +5.1% |
| Braintree | $635K | $650K | +2.4% |
| Braintree Town | $635K | $650K | +2.4% |
Housing Supply in Randolph, MA
How many homes are available in Randolph, MA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 61 | 53 | -13.1% |
Summary: The Randolph real estate market had 53 homes for sale in December 2024, a 13.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 3 | -40.0% |
| 2 Bedrooms | 12 | 9 | -25.0% |
| 3 Bedrooms | 26 | 24 | -7.7% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Randolph housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 14 | 17 | +21.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Randolph, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Randolph in December 2024, up by 21.4% month-over-month. Of the 17 sold homes, 41% were sold under asking, 24% were sold at asking, and 35% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 27 Days | 42 Days | +57.3% |
Summary: Homes in Randolph had an average of 42 days on market in Dec 2024, up by 57.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Randolph are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 17 homes were sold in Randolph; 53% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
