Is Bellingham, 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, Bellingham has remained a Seller's Market.
Housing Prices in Bellingham, MA
How much do homes in Bellingham, MA cost?
Median Sold Price
$482,500
$304/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bellingham was $482,500 in April 2024, up 10.7% from last year, and the median price per square foot was $304.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $295.5K | - | N/A |
2 Bedrooms | $376.5K | $435K | +15.5% |
3 Bedrooms | $427K | $473.5K | +10.9% |
4 Bedrooms | $586.4K | $575K | -1.9% |
5+ Bedrooms | $534.9K | $720K | +34.6% |
Summary: Bellingham housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 34.6%.
Median Sold Price Compared To Nearby Cities
Bellingham | $436K | $482.5K | +10.7% |
Mendon | $650K | $714K | +9.8% |
Franklin | $598.7K | $635.5K | +6.1% |
Franklin Town | $598.7K | $635.5K | +6.1% |
Hopedale | $540K | $495K | -8.3% |
Housing Supply in Bellingham, MA
How many homes are available in Bellingham, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 35 | +25.0% |
Summary: The Bellingham real estate market had 35 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 8 | +100.0% |
3 Bedrooms | 15 | 15 | 0.0% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bellingham 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Bellingham in April 2024, the same as the previous month. Of the 10 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for Bellingham, MA
How long does it take to sell a home in Bellingham, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 18 Days | -15.0% |
Summary: Homes in Bellingham had an average of 18 days on market in Apr 2024, down by 15% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Bellingham; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.