$7,836 Closing Credit*
$659,900
2,740 SqFt
4 Beds
•3 Full Baths
#73310006, Joanne Smith, Listing Office: Century 21 North East
Is Townsend, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Townsend has remained a Seller's Market.
Key Takeaway
Townsend is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Townsend, MA
How much do homes in Townsend, MA cost?
Median Sold Price
$475,000
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,500(+3.8%)
Key Takeaway
Homes in Townsend have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Townsend was $475,000 in October 2024, up 3.8% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $140K | N/A |
| 2 Bedrooms | $292.9K | $337.5K | +15.2% |
| 3 Bedrooms | $452.5K | $480K | +6.1% |
| 4 Bedrooms | $522K | $562K | +7.7% |
| 5+ Bedrooms | $482K | $513.5K | +6.5% |
Summary: Townsend 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 15.2%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
| Brookline | $554.5K | $645K | +16.3% |
| West Townsend | $420K | $480K | +14.3% |
| Pepperell | $513K | $553.5K | +7.9% |
| Townsend | $457.5K | $475K | +3.8% |
| Shirley | $462K | $477.5K | +3.4% |
Housing Supply in Townsend, MA
How many homes are available in Townsend, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 29 | +20.8% |
Summary: The Townsend real estate market had 29 homes for sale in October 2024, a 20.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Townsend housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Townsend, 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 Townsend in October 2024, up by 16.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for Townsend, MA
How long does it take to sell a home in Townsend, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 31 Days | +32.9% |
Summary: Homes in Townsend had an average of 31 days on market in Oct 2024, up by 32.9% 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 Townsend are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Townsend; 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.
