Is Haverhill, 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, Haverhill has remained a Seller's Market.
Key Takeaway
Haverhill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Haverhill, MA
How much do homes in Haverhill, MA cost?
Median Sold Price
$482,400
$288/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Haverhill have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Haverhill was $482,400 in April 2024, up 2.6% from last year, and the median price per square foot was $288.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $209.5K | $231.7K | +10.6% |
| 2 Bedrooms | $350K | $385K | +10.0% |
| 3 Bedrooms | $475K | $500K | +5.3% |
| 4 Bedrooms | $550K | $560K | +1.8% |
| 5+ Bedrooms | $615K | $677.5K | +10.2% |
Summary: Haverhill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.6%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 10.2%.
Median Sold Price Compared To Nearby Cities
| Merrimac | $575K | $622.5K | +8.3% |
| Groveland | $549.9K | $594.5K | +8.1% |
| Haverhill | $470.1K | $482.4K | +2.6% |
| West Newbury | $807K | $810K | 0.4% |
Housing Supply in Haverhill, MA
How many homes are available in Haverhill, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 116 | 137 | +18.1% |
Summary: The Haverhill real estate market had 137 homes for sale in April 2024, a 18.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 37 | 33 | -10.8% |
| 3 Bedrooms | 40 | 48 | +20.0% |
| 4 Bedrooms | 14 | 23 | +64.3% |
| 5+ Bedrooms | 22 | 28 | +27.3% |
Summary: The Haverhill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 10.8%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 64.3%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 40 | 41 | +2.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Haverhill, you could pay more than the asking price. 70.7% of homes here sold above asking price last month.
Summary: A total of 41 homes were sold or pending in Haverhill in April 2024, up by 2.5% month-over-month. Of the 41 sold homes, 17% were sold under asking, 12% were sold at asking, and 71% were sold over asking.
Days on Market for Haverhill, MA
How long does it take to sell a home in Haverhill, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 23 Days | -9.7% |
Summary: Homes in Haverhill had an average of 23 days on market in Apr 2024, down by 9.7% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Haverhill are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 41 homes were sold in Haverhill; 85% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.