$9,499 Closing Credit*
$799,900
3,083 SqFt
5 Beds
•3 Full Baths, 1 Partial
#73307779, George Goulas, Listing Office: Peoples Broker Realty
Is Sturbridge, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Sturbridge has remained a Seller'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
$470,000
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$32,000(+7.3%)
Key Takeaway
Homes in Sturbridge have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Sturbridge was $470,000 in September 2024, up 7.3% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $290K | $242K | -16.6% |
| 2 Bedrooms | $325K | $324.9K | 0% |
| 3 Bedrooms | $415K | $467.5K | +12.7% |
| 4 Bedrooms | $525K | $527.5K | 0.5% |
| 5+ Bedrooms | $475K | $595K | +25.3% |
Summary: Sturbridge housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.6%, 2 bedroom homes did not change, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 25.3%.
Median Sold Price Compared To Nearby Cities
| Fiskdale | $418K | $465K | +11.2% |
| Sturbridge | $438K | $470K | +7.3% |
| Southbridge | $340K | $362K | +6.5% |
| Southbridge Town | $340K | $362K | +6.5% |
| Holland | $360K | $337.5K | -6.3% |
Housing Supply in Sturbridge, MA
How many homes are available in Sturbridge, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 44 | 38 | -13.6% |
Summary: The Sturbridge real estate market had 38 homes for sale in September 2024, a 13.6% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 16 | 11 | -31.3% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Sturbridge housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 31.3%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 16 | 7 | -56.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sturbridge, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Sturbridge in September 2024, down by 56.3% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 22 Days | 32 Days | +44.5% |
Summary: Homes in Sturbridge had an average of 32 days on market in Sep 2024, up by 44.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sturbridge are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 7 homes were sold in Sturbridge; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
