$215,000
1.40 Acres
Land
#73320257, Ronald Rupp, Listing Office: Evolution Real Estate
Is Rehoboth, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Rehoboth was a Neutral 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
$636,950
$292/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$31,950(+5.3%)
Key Takeaway
Homes in Rehoboth have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Rehoboth was $636,950 in November 2024, up 5.3% from last year, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | - | N/A |
| 2 Bedrooms | $498.8K | $570K | +14.3% |
| 3 Bedrooms | $572.5K | $620K | +8.3% |
| 4 Bedrooms | $691.5K | $730K | +5.6% |
| 5+ Bedrooms | $790K | $900K | +13.9% |
Summary: Rehoboth housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 13.9%.
Housing Supply in Rehoboth, MA
How many homes are available in Rehoboth, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 46 | +2.2% |
Summary: The Rehoboth real estate market had 46 homes for sale in November 2024, a 2.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 20 | 23 | +15.0% |
| 4 Bedrooms | 17 | 15 | -11.8% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Rehoboth 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 remained the same, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rehoboth, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Rehoboth in November 2024, down by 9.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 36 Days | -0.7% |
Summary: Homes in Rehoboth had an average of 36 days on market in Nov 2024, down by 0.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Rehoboth has remained consistent over time.
Summary: During November 2024, 10 homes were sold in Rehoboth; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
