Is Millville, 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, Millville has remained a Seller's Market.
Key Takeaway
Millville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Millville, MA
How much do homes in Millville, MA cost?
Median Sold Price
$462,500
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Millville have sold for 18.6% more than they did a year ago.
Summary: The median home sold price in Millville was $462,500 in May 2024, up 18.6% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $295K | $291.5K | -1.2% |
| 3 Bedrooms | $340K | $467.2K | +37.4% |
| 4 Bedrooms | $542K | $553.5K | +2.1% |
| 5+ Bedrooms | $387.5K | $480K | +23.9% |
Summary: Millville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 37.4%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 23.9%.
Median Sold Price Compared To Nearby Cities
| Millville | $390K | $462.5K | +18.6% |
| Mendon | $650K | $707K | +8.8% |
| North Smithfield | $425K | $435K | +2.4% |
| Blackstone | $411K | $420K | +2.2% |
Housing Supply in Millville, MA
How many homes are available in Millville, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Summary: The Millville real estate market had 11 homes for sale in May 2024, a 10.0% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Millville 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 remained the same, 3 bedroom homes increased by 75%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Millville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Millville in May 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Millville, MA
How long does it take to sell a home in Millville, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 45 Days | 95 Days | +110.7% |
Summary: Homes in Millville had an average of 95 days on market in May 2024, up by 110.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Millville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Millville; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
