$2,458 Closing Credit*
$206,971
726 SqFt
2 Beds
•1 Full Bath
#73311050, Karen Morand, Listing Office: MCO Realty Service, LLC
Is Rowley, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Rowley has remained a Seller's Market.
Key Takeaway
Rowley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rowley, MA
How much do homes in Rowley, MA cost?
Median Sold Price
$737,000
$324/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$114,250(+18.3%)
Key Takeaway
Homes in Rowley have sold for 18.3% more than they did a month ago.
Summary: The median home sold price in Rowley was $737,000 in October 2024, up 18.3% from last month, and the median price per square foot was $324.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $291K | - | N/A |
| 3 Bedrooms | $675K | $607K | -10.1% |
| 4 Bedrooms | $810K | $816K | +0.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Rowley housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 10.1%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes did not change.
Housing Supply in Rowley, MA
How many homes are available in Rowley, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Summary: The Rowley real estate market had 19 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Rowley 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 16.7%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rowley, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Rowley in October 2024, the same as the previous month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for Rowley, MA
How long does it take to sell a home in Rowley, MA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 28 Days | +108.6% |
Summary: Homes in Rowley had an average of 28 days on market in Oct 2024, up by 108.6% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rowley are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Rowley; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
