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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yarmouth is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Yarmouth, MA

How much do homes in Yarmouth, MA cost?

Median Sold Price

$583,000

$442/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$32,000(+5.8%)

Key Takeaway

Homes in Yarmouth have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in Yarmouth was $583,000 in November 2024, up 5.8% from last year, and the median price per square foot was $442.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $365K$287K
-21.4%
2 $485K$500.5K
+3.2%
3 $608.5K$625K
+2.7%
4 $772.4K$750K
-2.9%
5+ $977.5K$1.3M
+36.1%

Summary: Yarmouth housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.4%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 36.1%.

Median Sold Price Compared To Nearby Cities

Yarmouth Port
+10.6%
South Yarmouth
+8.1%
Yarmouth
+5.8%
Dennis
+1.7%
West Yarmouth
-5.8%

Housing Supply in Yarmouth, MA

How many homes are available in Yarmouth, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
137113-17.5%

Summary: The Yarmouth real estate market had 113 homes for sale in November 2024, a 17.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 54
-20.0%
2 5752
-8.8%
3 5234
-34.6%
4 1615
-6.3%
5+ 78
+14.3%

Summary: The Yarmouth housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 8.8%, 3 bedroom homes decreased by 34.6%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3730-18.9%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yarmouth, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Yarmouth in November 2024, down by 18.9% month-over-month. Of the 30 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.

Days on Market for Yarmouth, MA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days38 Days+70.8%

Summary: Homes in Yarmouth had an average of 38 days on market in Nov 2024, up by 70.8% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Yarmouth are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 30 homes were sold in Yarmouth; 60% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% 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 17 Days Ago

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