Is Turners Falls, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Turners Falls is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Turners Falls was a Seller's Market.

Key Takeaway

Turners Falls is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Turners Falls, MA

How much do homes in Turners Falls, MA cost?

Median Sold Price

$317,271

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$41,771(+15.2%)

Key Takeaway

Homes in Turners Falls have sold for 15.2% more than they did a year ago.

Summary: The median home sold price in Turners Falls was $317,271 in October 2024, up 15.2% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $240K$190K
-20.8%
2 $187.5K$244.5K
+30.4%
3 $305.5K$325.1K
+6.4%
4 $280K$338K
+20.7%
5+ $240K$345.2K
+43.9%

Summary: Turners Falls housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.8%, 2 bedroom homes increased by 30.4%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes increased by 43.9%.

Median Sold Price Compared To Nearby Cities

Turners Falls
+15.2%
Montague
+12.7%
Greenfield Town
+7.0%

Housing Supply in Turners Falls, MA

How many homes are available in Turners Falls, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
911+22.2%

Summary: The Turners Falls real estate market had 11 homes for sale in October 2024, a 22.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 34
+33.3%
4 22
0.0%
5+ 11
0.0%

Summary: The Turners Falls 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 increased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Turners Falls, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Turners Falls in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Turners Falls, MA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days7 Days-69.1%

Summary: Homes in Turners Falls had an average of 7 days on market in Oct 2024, down by 69.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Turners Falls; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

Newest Listings in Turners Falls, MA

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