Is Osterville, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Osterville was a Seller's Market.
Key Takeaway
Osterville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Osterville, MA
How much do homes in Osterville, MA cost?
Median Sold Price
$942,500
$535/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Osterville have sold for 25.3% less than they did a year ago.
Summary: The median home sold price in Osterville was $942,500 in May 2024, down 25.3% from last year, and the median price per square foot was $535.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | - | N/A |
| 2 Bedrooms | $567.5K | $599.9K | +5.7% |
| 3 Bedrooms | $950K | $915K | -3.7% |
| 4 Bedrooms | $1.8M | $1.8M | +2.4% |
| 5+ Bedrooms | $5.0M | $3.5M | -29.9% |
Summary: Osterville 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 increased by 5.7%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 29.9%.
Median Sold Price Compared To Nearby Cities
| Cotuit | $738.7K | $900K | +21.8% |
| Centerville | $583K | $645K | +10.6% |
| Barnstable Town | $601.4K | $630.3K | +4.8% |
| Marstons Mills | $635K | $618.5K | -2.6% |
| Osterville | $1.2M | $942.5K | -25.3% |
Housing Supply in Osterville, MA
How many homes are available in Osterville, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 27 | +28.6% |
Summary: The Osterville real estate market had 27 homes for sale in May 2024, a 28.6% 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 | 0 | 3 | +100.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The Osterville 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 increased by 100%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 75%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Osterville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Osterville in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Osterville, MA
How long does it take to sell a home in Osterville, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 47 Days | 6 Days | -86.2% |
Summary: Homes in Osterville had an average of 6 days on market in May 2024, down by 86.2% compared to last year.
Breakdown of Home Sale Times
2 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 Osterville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Osterville; 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.
