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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walpole is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Walpole, MA

How much do homes in Walpole, MA cost?

Median Sold Price

$693,750

$374/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$23,750(+3.5%)

Key Takeaway

Homes in Walpole have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in Walpole was $693,750 in October 2024, up 3.5% from last year, and the median price per square foot was $374.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $479K$497K
+3.7%
2 $591.6K$530K
-10.4%
3 $650K$650K
0.0%
4 $835K$906K
+8.5%
5+ $1.2M$950K
-23.2%

Summary: Walpole housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes decreased by 10.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes decreased by 23.2%.

Median Sold Price Compared To Nearby Cities

Medfield
+20.2%
Norfolk
+12.6%
Walpole
+3.5%

Housing Supply in Walpole, MA

How many homes are available in Walpole, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6360-4.8%

Summary: The Walpole real estate market had 60 homes for sale in October 2024, a 4.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 1215
+25.0%
3 2118
-14.3%
4 1819
+5.6%
5+ 95
-44.4%

Summary: The Walpole 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 25%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 44.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2119-9.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walpole, you could pay more than the asking price. 73.7% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in Walpole in October 2024, down by 9.5% month-over-month. Of the 19 sold homes, 26% were sold under asking, 0% were sold at asking, and 74% were sold over asking.

Days on Market for Walpole, MA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days26 Days-7.7%

Summary: Homes in Walpole had an average of 26 days on market in Oct 2024, down by 7.7% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 19 homes were sold in Walpole; 79% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 5% 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 Walpole, MA

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