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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upton is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Upton, MA

How much do homes in Upton, MA cost?

Median Sold Price

$650,000

$308/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$10,000(-1.5%)

Key Takeaway

Homes in Upton have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in Upton was $650,000 in October 2024, down 1.5% from last year, and the median price per square foot was $308.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$633.3K
N/A
2 $665K$642.5K
-3.4%
3 $565K$575K
+1.8%
4 $785K$869K
+10.7%
5+ $800K$705K
-11.9%

Summary: Upton 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 decreased by 3.4%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 11.9%.

Median Sold Price Compared To Nearby Cities

Hopkinton
+12.6%
Milford
+7.9%
Hopedale
-1.0%
Upton
-1.5%
Northbridge
-5.5%

Housing Supply in Upton, MA

How many homes are available in Upton, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1824+33.3%

Summary: The Upton real estate market had 24 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 03
+100.0%
3 910
+11.1%
4 58
+60.0%
5+ 32
-33.3%

Summary: The Upton 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 100%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 60%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was 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 Upton, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Upton in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Oct 2023Oct 2024CHANGE
36 Days19 Days-47.6%

Summary: Homes in Upton had an average of 19 days on market in Oct 2024, down by 47.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 Upton are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Upton; 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 20 Days Ago

Newest Listings in Upton, MA

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