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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upton is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Upton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Upton, MA

How much do homes in Upton, MA cost?

Median Sold Price

$640,000

$305/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$25,000(-3.8%)

Key Takeaway

Homes in Upton have sold for 3.8% less than they did a year ago.

Summary: The median home sold price in Upton was $640,000 in November 2024, down 3.8% from last year, and the median price per square foot was $305.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$633.3K
N/A
2 $667.4K$530K
-20.6%
3 $586.5K$570K
-2.8%
4 $817.5K$842K
+3.0%
5+ $800K$685K
-14.4%

Summary: Upton 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 decreased by 20.6%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 14.4%.

Median Sold Price Compared To Nearby Cities

Hopkinton
+12.9%
Milford
+7.1%
Upton
-3.8%
Northbridge
-4.8%
Hopedale
-9.3%

Housing Supply in Upton, MA

How many homes are available in Upton, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2623-11.5%

Summary: The Upton real estate market had 23 homes for sale in November 2024, a 11.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 22
0.0%
3 1311
-15.4%
4 76
-14.3%
5+ 34
+33.3%

Summary: The Upton 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 remained the same, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upton, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Upton in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for Upton, MA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days28 Days-1.0%

Summary: Homes in Upton had an average of 28 days on market in Nov 2024, down by 1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Upton; 60% of homes were sold within 30 days, 40% 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 21 Days Ago

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