Is North Scituate, RI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Scituate is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in North Scituate, RI

How much do homes in North Scituate, RI cost?

Median Sold Price

$575,000

$266/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$150,000(+35.3%)

Key Takeaway

Homes in North Scituate have sold for 35.3% more than they did a year ago.

Summary: The median home sold price in North Scituate was $575,000 in November 2024, up 35.3% from last year, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $207K-
N/A
2 $405K$449.9K
+11.1%
3 $432.2K$590K
+36.5%
4 $479.9K$595K
+24.0%
5+ $650K$900K
+38.5%

Summary: North Scituate housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 36.5%, 4 bedroom homes increased by 24%, and 5+ bedroom homes increased by 38.5%.

Median Sold Price Compared To Nearby Cities

North Scituate
+35.3%
Scituate
+26.7%
Chepachet
+9.7%
Glocester
+5.9%

Housing Supply in North Scituate, RI

How many homes are available in North Scituate, RI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3633-8.3%

Summary: The North Scituate real estate market had 33 homes for sale in November 2024, a 8.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 2422
-8.3%
4 77
0.0%
5+ 11
0.0%

Summary: The North Scituate 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 25%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Scituate, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in North Scituate in November 2024, down by 25.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.

Days on Market for North Scituate, RI

How long does it take to sell a home in North Scituate, RI?

Average Sale Time

Nov 2023Nov 2024CHANGE
54 Days36 Days-32.1%

Summary: Homes in North Scituate had an average of 36 days on market in Nov 2024, down by 32.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 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 North Scituate has remained consistent over time.

Summary: During November 2024, 6 homes were sold in North Scituate; 33% of homes were sold within 30 days, 67% 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 25 Days Ago

Newest Listings in North Scituate, RI

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