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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sturbridge is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Sturbridge was a Buyer's Market.

Key Takeaway

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

Housing Prices in Sturbridge, MA

How much do homes in Sturbridge, MA cost?

Median Sold Price

$475,000

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$23,000(+5.1%)

Key Takeaway

Homes in Sturbridge have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Sturbridge was $475,000 in November 2024, up 5.1% from last year, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $270K$243.5K
-9.8%
2 $324.9K$348K
+7.1%
3 $430K$475K
+10.5%
4 $580K$531K
-8.4%
5+ $475K$630K
+32.6%

Summary: Sturbridge housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.8%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 8.4%, and 5+ bedroom homes increased by 32.6%.

Median Sold Price Compared To Nearby Cities

Sturbridge
+5.1%
Southbridge
+3.7%
Southbridge Town
+3.7%

Housing Supply in Sturbridge, MA

How many homes are available in Sturbridge, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4639-15.2%

Summary: The Sturbridge real estate market had 39 homes for sale in November 2024, a 15.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 98
-11.1%
3 1412
-14.3%
4 1614
-12.5%
5+ 65
-16.7%

Summary: The Sturbridge housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
129-25.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sturbridge, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Sturbridge in November 2024, down by 25.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.

Days on Market for Sturbridge, MA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
8 Days57 Days+615.3%

Summary: Homes in Sturbridge had an average of 57 days on market in Nov 2024, up by 615.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 9 homes were sold in Sturbridge; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% 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 2 Days Ago

Newest Listings in Sturbridge, MA

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