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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upton is a neutral's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

Upton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Upton, MA

How much do homes in Upton, MA cost?

Median Sold Price

$652,075

$308/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$7,920(-1.2%)

Key Takeaway

Homes in Upton have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in Upton was $652,075 in September 2024, down 1.2% from last year, and the median price per square foot was $308.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $662.7K$640K
-3.4%
3 $540.5K$605.9K
+12.1%
4 $775K$856.5K
+10.5%
5+ $813.5K$752.5K
-7.5%

Summary: Upton housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 7.5%.

Median Sold Price Compared To Nearby Cities

Hopkinton
+15.1%
Milford
+6.1%
Upton
-1.2%
Hopedale
-2.8%
Northbridge
-6.7%

Housing Supply in Upton, MA

How many homes are available in Upton, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2117-19.0%

Summary: The Upton real estate market had 17 homes for sale in September 2024, a 19.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 1110
-9.1%
4 44
0.0%
5+ 43
-25.0%

Summary: The Upton housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
103-70.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 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. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Upton in September 2024, down by 70.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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

Sep 2023Sep 2024CHANGE
77 Days46 Days-40.7%

Summary: Homes in Upton had an average of 46 days on market in Sep 2024, down by 40.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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 September 2024, 3 homes were sold in Upton; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 29 Days Ago

Newest Listings in Upton, MA

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