$3,324 Closing Credit*
$279,900
1,301 SqFt
4 Beds
•1 Full Bath
#73320876, The Andujar, Gallagher, A & Bloom Team, Listing Office: Gallagher Real Estate
Is Wilbraham, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Wilbraham has remained a Seller's Market.
Key Takeaway
Wilbraham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wilbraham, MA
How much do homes in Wilbraham, MA cost?
Median Sold Price
$445,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$33,500(+8.1%)
Key Takeaway
Homes in Wilbraham have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Wilbraham was $445,000 in November 2024, up 8.1% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $379K | +57.9% |
| 2 Bedrooms | $369.9K | $403K | +8.9% |
| 3 Bedrooms | $355K | $387.5K | +9.2% |
| 4 Bedrooms | $494K | $505K | +2.2% |
| 5+ Bedrooms | $650K | $528K | -18.8% |
Summary: Wilbraham housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.9%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 18.8%.
Housing Supply in Wilbraham, MA
How many homes are available in Wilbraham, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 53 | -17.2% |
Summary: The Wilbraham real estate market had 53 homes for sale in November 2024, a 17.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 13 | 8 | -38.5% |
| 4 Bedrooms | 33 | 25 | -24.2% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Wilbraham 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 increased by 10%, 3 bedroom homes decreased by 38.5%, 4 bedroom homes decreased by 24.2%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 14 | -17.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wilbraham, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Wilbraham in November 2024, down by 17.6% month-over-month. Of the 14 sold homes, 43% were sold under asking, 36% were sold at asking, and 21% were sold over asking.
Days on Market for Wilbraham, MA
How long does it take to sell a home in Wilbraham, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 55 Days | +91.5% |
Summary: Homes in Wilbraham had an average of 55 days on market in Nov 2024, up by 91.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wilbraham are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Wilbraham; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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