Is West Wareham, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Wareham is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in West Wareham, MA

How much do homes in West Wareham, MA cost?

Median Sold Price

$444,900

$334/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,400(+5.3%)

Key Takeaway

Homes in West Wareham have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in West Wareham was $444,900 in November 2024, up 5.3% from last year, and the median price per square foot was $334.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $282.5K$399K
+41.2%
2 $330K$405K
+22.7%
3 $438K$530K
+21.0%
4 $595K$620K
+4.2%
5+ $940K$765K
-18.6%

Summary: West Wareham housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.2%, 2 bedroom homes increased by 22.7%, 3 bedroom homes increased by 21%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 18.6%.

Median Sold Price Compared To Nearby Cities

Carver
+15.0%
Rochester
+9.9%
Wareham
+8.4%
West Wareham
+5.3%
Marion
+0.8%

Housing Supply in West Wareham, MA

How many homes are available in West Wareham, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
109-10.0%

Summary: The West Wareham real estate market had 9 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 77
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The West Wareham housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were 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 West Wareham, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in West Wareham in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for West Wareham, MA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days51 Days+128.4%

Summary: Homes in West Wareham had an average of 51 days on market in Nov 2024, up by 128.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in West Wareham has remained consistent over time.

Summary: During November 2024, 4 homes were sold in West Wareham; 25% of homes were sold within 30 days, 75% 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 West Wareham, MA

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