$10,000 Closing Credit*
$1,303,490
2,143 SqFt
3 Beds
•2 Full Baths, 1 Partial
#73322889, Erin Sullivan, Listing Office: Pulte Homes of New England
Is Woburn, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Woburn has remained a Seller's Market.
Key Takeaway
Woburn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Woburn, MA
How much do homes in Woburn, MA cost?
Median Sold Price
$749,933
$421/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$69,933(+10.3%)
Key Takeaway
Homes in Woburn have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Woburn was $749,933 in December 2024, up 10.3% from last year, and the median price per square foot was $421.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $320K | $315K | -1.6% |
| 2 Bedrooms | $622K | $544K | -12.5% |
| 3 Bedrooms | $653K | $722.5K | +10.6% |
| 4 Bedrooms | $815K | $862.5K | +5.8% |
| 5+ Bedrooms | $810K | $920K | +13.6% |
Summary: Woburn housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 13.6%.
Median Sold Price Compared To Nearby Cities
| Woburn | $680K | $749.9K | +10.3% |
| Stoneham | $685K | $750K | +9.5% |
| Winchester | $1.3M | $1.4M | +7.5% |
| Burlington | $790K | $835K | +5.7% |
| Reading | $787.6K | $780K | -1.0% |
Housing Supply in Woburn, MA
How many homes are available in Woburn, MA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 87 | 63 | -27.6% |
Summary: The Woburn real estate market had 63 homes for sale in December 2024, a 27.6% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 1 | -85.7% |
| 2 Bedrooms | 12 | 8 | -33.3% |
| 3 Bedrooms | 30 | 26 | -13.3% |
| 4 Bedrooms | 27 | 15 | -44.4% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Woburn housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 85.7%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 36 | 30 | -16.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woburn, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in Woburn in December 2024, down by 16.7% month-over-month. Of the 30 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% were sold over asking.
Days on Market for Woburn, MA
How long does it take to sell a home in Woburn, MA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 14 Days | 23 Days | +59.4% |
Summary: Homes in Woburn had an average of 23 days on market in Dec 2024, up by 59.4% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Woburn are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 30 homes were sold in Woburn; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
