Is Charlton, 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, Charlton has remained a Seller's Market.
Key Takeaway
Charlton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Charlton, MA
How much do homes in Charlton, MA cost?
Median Sold Price
$520,000
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Charlton have sold for 15.6% more than they did a year ago.
Summary: The median home sold price in Charlton was $520,000 in May 2024, up 15.6% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182.4K | $524.5K | +187.5% |
| 2 Bedrooms | $310K | $285K | -8.1% |
| 3 Bedrooms | $445K | $500K | +12.4% |
| 4 Bedrooms | $549.9K | $599.9K | +9.1% |
| 5+ Bedrooms | $310K | $610K | +96.8% |
Summary: Charlton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 187.5%, 2 bedroom homes decreased by 8.1%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 96.8%.
Median Sold Price Compared To Nearby Cities
| Charlton | $449.9K | $520K | +15.6% |
| Southbridge | $330K | $355K | +7.6% |
| Southbridge Town | $330K | $355K | +7.6% |
| North Oxford | $270K | $290K | +7.4% |
| Oxford | $350K | $368K | +5.1% |
Housing Supply in Charlton, MA
How many homes are available in Charlton, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 38 | 42 | +10.5% |
Summary: The Charlton real estate market had 42 homes for sale in May 2024, a 10.5% increase 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 | 6 | 5 | -16.7% |
| 3 Bedrooms | 19 | 18 | -5.3% |
| 4 Bedrooms | 10 | 15 | +50.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Charlton 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 16.7%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Charlton, you could pay more than the asking price. 90% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Charlton in May 2024, up by 42.9% month-over-month. Of the 10 sold homes, 0% were sold under asking, 10% were sold at asking, and 90% were sold over asking.
Days on Market for Charlton, MA
How long does it take to sell a home in Charlton, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 25 Days | 16 Days | -36.4% |
Summary: Homes in Charlton had an average of 16 days on market in May 2024, down by 36.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Charlton are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 10 homes were sold in Charlton; 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.
