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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Raynham is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Raynham, MA

How much do homes in Raynham, MA cost?

Median Sold Price

$590,000

$293/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$88,000(+17.5%)

Key Takeaway

Homes in Raynham have sold for 17.5% more than they did a year ago.

Summary: The median home sold price in Raynham was $590,000 in September 2024, up 17.5% from last year, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $437.4K$335K
-23.4%
3 $489K$558.5K
+14.2%
4 $655K$700K
+6.9%
5+ $744.4K$855K
+14.8%

Summary: Raynham housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.4%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 14.8%.

Median Sold Price Compared To Nearby Cities

Raynham
+17.5%
East Taunton
+6.7%
Bridgewater
+6.4%
Taunton
+5.6%
Middleborough
+4.6%

Housing Supply in Raynham, MA

How many homes are available in Raynham, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4231-26.2%

Summary: The Raynham real estate market had 31 homes for sale in September 2024, a 26.2% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 2619
-26.9%
4 1110
-9.1%
5+ 31
-66.7%

Summary: The Raynham housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 26.9%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1910-47.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Raynham, you could pay more than the asking price. 70% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Raynham in September 2024, down by 47.4% month-over-month. Of the 10 sold homes, 20% were sold under asking, 10% were sold at asking, and 70% were sold over asking.

Days on Market for Raynham, MA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
39 Days26 Days-32.9%

Summary: Homes in Raynham had an average of 26 days on market in Sep 2024, down by 32.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 10 homes were sold in Raynham; 70% of homes were sold within 30 days, 30% 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 30 Days Ago

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