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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rehoboth is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Rehoboth, MA

How much do homes in Rehoboth, MA cost?

Median Sold Price

$627,500

$293/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,000(+5.9%)

Key Takeaway

Homes in Rehoboth have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Rehoboth was $627,500 in October 2024, up 5.9% from last year, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $215K-
N/A
2 $498.8K$566.4K
+13.5%
3 $555K$620K
+11.7%
4 $705K$726.2K
+3.0%
5+ $800K$900K
+12.5%

Summary: Rehoboth housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 12.5%.

Median Sold Price Compared To Nearby Cities

North Dighton
+9.6%
Rehoboth
+5.9%
Attleboro
+5.8%
Swansea
+4.3%
Dighton
+0.6%

Housing Supply in Rehoboth, MA

How many homes are available in Rehoboth, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5344-17.0%

Summary: The Rehoboth real estate market had 44 homes for sale in October 2024, a 17.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 63
-50.0%
3 2419
-20.8%
4 1716
-5.9%
5+ 66
0.0%

Summary: The Rehoboth housing inventory by bedroom type for October 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 20.8%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1811-38.9%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rehoboth, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Rehoboth in October 2024, down by 38.9% month-over-month. Of the 11 sold homes, 45% were sold under asking, 9% were sold at asking, and 45% were sold over asking.

Days on Market for Rehoboth, MA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days28 Days-2.1%

Summary: Homes in Rehoboth had an average of 28 days on market in Oct 2024, down by 2.1% compared to last year.

Breakdown of Home Sale Times

8 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 Rehoboth are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in Rehoboth; 73% of homes were sold within 30 days, 27% 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 16 Days Ago

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