$399,900
11.90 Acres
Land
#73320195, Dennis Page, Listing Office: LAER Realty Partners
Is Townsend, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$479,000
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,000(+4.1%)
Key Takeaway
Homes in Townsend have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Townsend was $479,000 in November 2024, up 4.1% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $140K | N/A |
| 2 Bedrooms | $295.9K | $352K | +19.0% |
| 3 Bedrooms | $455K | $485K | +6.6% |
| 4 Bedrooms | $507K | $562K | +10.8% |
| 5+ Bedrooms | $565K | $455K | -19.5% |
Summary: Townsend 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 19%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 19.5%.
Median Sold Price Compared To Nearby Cities
| Pepperell | $513K | $574.2K | +11.9% |
| Shirley | $462K | $493K | +6.7% |
| West Townsend | $450K | $477.5K | +6.1% |
| Townsend | $460K | $479K | +4.1% |
Housing Supply in Townsend, MA
How many homes are available in Townsend, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 25 | -30.6% |
Summary: The Townsend real estate market had 25 homes for sale in November 2024, a 30.6% decrease 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 | 8 | 4 | -50.0% |
| 3 Bedrooms | 18 | 13 | -27.8% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Townsend 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 decreased by 50%, 3 bedroom homes decreased by 27.8%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Townsend, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Townsend in November 2024, down by 10.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 49 Days | 62 Days | +26.6% |
Summary: Homes in Townsend had an average of 62 days on market in Nov 2024, up by 26.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Townsend are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Townsend; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
