Is Whitman, 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, Whitman has remained a Seller's Market.
Key Takeaway
Whitman is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Whitman, MA
How much do homes in Whitman, MA cost?
Median Sold Price
$491,500
$306/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Whitman have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Whitman was $491,500 in May 2024, up 9.2% from last year, and the median price per square foot was $306.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $327K | $327.4K | 0.1% |
| 2 Bedrooms | $422.4K | $457.4K | +8.3% |
| 3 Bedrooms | $469.9K | $493K | +4.9% |
| 4 Bedrooms | $525K | $600K | +14.3% |
| 5+ Bedrooms | $668.5K | $637.5K | -4.6% |
Summary: Whitman housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.1%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 4.6%.
Median Sold Price Compared To Nearby Cities
| Hanson | $490K | $560K | +14.3% |
| Abington | $485K | $530K | +9.3% |
| Whitman | $450K | $491.5K | +9.2% |
| East Bridgewater | $462.5K | $505K | +9.2% |
| Brockton | $449.9K | $480.1K | +6.7% |
Housing Supply in Whitman, MA
How many homes are available in Whitman, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 45 | 56 | +24.4% |
Summary: The Whitman real estate market had 56 homes for sale in May 2024, a 24.4% 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 | 10 | 9 | -10.0% |
| 3 Bedrooms | 21 | 30 | +42.9% |
| 4 Bedrooms | 7 | 12 | +71.4% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Whitman 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 10%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Whitman, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Whitman in May 2024, the same as the previous month. Of the 12 sold homes, 8% were sold under asking, 8% were sold at asking, and 83% were sold over asking.
Days on Market for Whitman, MA
How long does it take to sell a home in Whitman, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 27 Days | 15 Days | -44.1% |
Summary: Homes in Whitman had an average of 15 days on market in May 2024, down by 44.1% compared to last year.
Breakdown of Home Sale Times
12 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 Whitman are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 12 homes were sold in Whitman; 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.
