$5,782 Closing Credit*
$486,900
1,403 SqFt
4 Beds
•2 Full Baths
#73307588, Nanafatima Martins, Listing Office: Fathom Realty MA
Is Randolph, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 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
$546,000
$330/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$46,000(+9.2%)
Key Takeaway
Homes in Randolph have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Randolph was $546,000 in September 2024, up 9.2% from last year, and the median price per square foot was $330.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $245K | +11.4% |
| 2 Bedrooms | $385K | $427.5K | +11.0% |
| 3 Bedrooms | $500K | $540K | +8.0% |
| 4 Bedrooms | $578K | $660K | +14.2% |
| 5+ Bedrooms | $725K | $787.4K | +8.6% |
Summary: Randolph housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.4%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 8.6%.
Median Sold Price Compared To Nearby Cities
| Holbrook | $475K | $530.9K | +11.8% |
| Randolph | $500K | $546K | +9.2% |
| Quincy | $618K | $660K | +6.8% |
| Braintree | $627.3K | $660K | +5.2% |
| Braintree Town | $627.3K | $660K | +5.2% |
Housing Supply in Randolph, MA
How many homes are available in Randolph, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 67 | 70 | +4.5% |
Summary: The Randolph real estate market had 70 homes for sale in September 2024, a 4.5% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 7 | +75.0% |
| 2 Bedrooms | 17 | 15 | -11.8% |
| 3 Bedrooms | 32 | 34 | +6.3% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Randolph housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 21 | 20 | -4.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Randolph, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in Randolph in September 2024, down by 4.8% month-over-month. Of the 20 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 19 Days | 29 Days | +50.2% |
Summary: Homes in Randolph had an average of 29 days on market in Sep 2024, up by 50.2% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 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 September 2024, 20 homes were sold in Randolph; 70% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
