$3,563 Closing Credit*
$300,000
1,152 SqFt
3 Beds
•1 Full Bath
#73308809, Kim Synott, Listing Office: Castinetti Realty Group
Is Warren, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Warren has remained a Seller's Market.
Key Takeaway
Warren is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Warren, MA
How much do homes in Warren, MA cost?
Median Sold Price
$356,250
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$51,250(+16.8%)
Key Takeaway
Homes in Warren have sold for 16.8% more than they did a year ago.
Summary: The median home sold price in Warren was $356,250 in October 2024, up 16.8% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $235K | $210K | -10.6% |
| 3 Bedrooms | $320K | $419.9K | +31.2% |
| 4 Bedrooms | $374.9K | $373K | -0.5% |
| 5+ Bedrooms | $275K | $350K | +27.3% |
Summary: Warren 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 10.6%, 3 bedroom homes increased by 31.2%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 27.3%.
Median Sold Price Compared To Nearby Cities
| Warren | $305K | $356.2K | +16.8% |
| Palmer | $300K | $330.2K | +10.1% |
| Brimfield | $352.4K | $369.9K | +5.0% |
Housing Supply in Warren, MA
How many homes are available in Warren, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 23 | -14.8% |
Summary: The Warren real estate market had 23 homes for sale in October 2024, a 14.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 12 | 9 | -25.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Warren 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Warren, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Warren in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Warren, MA
How long does it take to sell a home in Warren, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 37 Days | +63.8% |
Summary: Homes in Warren had an average of 37 days on market in Oct 2024, up by 63.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Warren has remained consistent over time.
Summary: During October 2024, 6 homes were sold in Warren; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
