Is Townsend, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Townsend has remained a Seller's Market.
Housing Prices in Townsend, MA
How much do homes in Townsend, MA cost?
Median Sold Price
$455,000
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Townsend was $455,000 in April 2024, down 3.7% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $121K | $139K | +14.9% |
2 Bedrooms | $295K | $335K | +13.6% |
3 Bedrooms | $450K | $450K | 0.0% |
4 Bedrooms | $525K | $546K | +4.0% |
5+ Bedrooms | $680K | $399K | -41.3% |
Summary: Townsend housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.9%, 2 bedroom homes increased by 13.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 41.3%.
Median Sold Price Compared To Nearby Cities
Pepperell | $500K | $530K | +6.0% |
Shirley | $469K | $474.4K | +1.2% |
Townsend | $472.5K | $455K | -3.7% |
Housing Supply in Townsend, MA
How many homes are available in Townsend, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 25 | +4.2% |
Summary: The Townsend real estate market had 25 homes for sale in April 2024, a 4.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 11 | 13 | +18.2% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Townsend housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Townsend in April 2024, the same as the previous month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for Townsend, MA
How long does it take to sell a home in Townsend, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 32 Days | +13.8% |
Summary: Homes in Townsend had an average of 32 days on market in Apr 2024, up by 13.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Townsend; 43% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.