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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winchendon is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Winchendon, MA

How much do homes in Winchendon, MA cost?

Median Sold Price

$385,000

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,000(+10.0%)

Key Takeaway

Homes in Winchendon have sold for 10% more than they did a year ago.

Summary: The median home sold price in Winchendon was $385,000 in October 2024, up 10% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $242K$199.9K
-17.4%
2 $135K$275K
+103.7%
3 $369.7K$395K
+6.8%
4 $391K$399K
+2.0%
5+ $315K$409K
+29.8%

Summary: Winchendon housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.4%, 2 bedroom homes increased by 103.7%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 29.8%.

Median Sold Price Compared To Nearby Cities

Gardner
+13.9%
Winchendon
+10.0%

Housing Supply in Winchendon, MA

How many homes are available in Winchendon, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4144+7.3%

Summary: The Winchendon real estate market had 44 homes for sale in October 2024, a 7.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 2829
+3.6%
4 89
+12.5%
5+ 44
0.0%

Summary: The Winchendon 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 3.6%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
156-60.0%

Asking Price vs. Sold Price

4 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 Winchendon, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Winchendon in October 2024, down by 60.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Winchendon, MA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days14 Days-61.9%

Summary: Homes in Winchendon had an average of 14 days on market in Oct 2024, down by 61.9% compared to last year.

Breakdown of Home Sale Times

6 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 Winchendon are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Winchendon; 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 16 Days Ago

Newest Listings in Winchendon, MA

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