Is Blackstone, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Blackstone has remained a Seller's Market.
Key Takeaway
Blackstone is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Blackstone, MA
How much do homes in Blackstone, MA cost?
Median Sold Price
$420,000
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Blackstone have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in Blackstone was $420,000 in May 2024, up 2.2% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $214K | $279.9K | +30.8% |
| 2 Bedrooms | $333.5K | $399.9K | +19.9% |
| 3 Bedrooms | $435K | $440K | +1.1% |
| 4 Bedrooms | $463.5K | $436K | -5.9% |
| 5+ Bedrooms | $407K | $430K | +5.7% |
Summary: Blackstone housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 19.9%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Cities
| Woonsocket | $335K | $380K | +13.4% |
| Bellingham | $441K | $489.9K | +11.1% |
| Mendon | $650K | $707K | +8.8% |
| North Smithfield | $425K | $435K | +2.4% |
| Blackstone | $411K | $420K | +2.2% |
Housing Supply in Blackstone, MA
How many homes are available in Blackstone, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 23 | 20 | -13.0% |
Summary: The Blackstone real estate market had 20 homes for sale in May 2024, a 13.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 12 | 9 | -25.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Blackstone housing inventory by bedroom type for May 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 25%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Blackstone, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Blackstone in May 2024, up by 33.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 25% were sold at asking, and 63% were sold over asking.
Days on Market for Blackstone, MA
How long does it take to sell a home in Blackstone, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 27 Days | 21 Days | -22.6% |
Summary: Homes in Blackstone had an average of 21 days on market in May 2024, down by 22.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Blackstone are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 8 homes were sold in Blackstone; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
