Is Holyoke, 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, Holyoke has remained a Seller's Market.
Key Takeaway
Holyoke is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Holyoke, MA
How much do homes in Holyoke, MA cost?
Median Sold Price
$300,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Holyoke have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in Holyoke was $300,000 in April 2024, up 10.6% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $118.5K | $125K | +5.5% |
| 2 Bedrooms | $227.5K | $225.5K | -0.9% |
| 3 Bedrooms | $271K | $285K | +5.2% |
| 4 Bedrooms | $265K | $292.5K | +10.4% |
| 5+ Bedrooms | $310K | $360K | +16.1% |
Summary: Holyoke housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 16.1%.
Median Sold Price Compared To Nearby Cities
| Holyoke | $271.3K | $300K | +10.6% |
| South Hadley | $329K | $350K | +6.4% |
| Chicopee | $272.1K | $283.8K | +4.3% |
| Easthampton Town | $380.7K | $392K | +3.0% |
| Southampton | $447.5K | $430K | -3.9% |
Housing Supply in Holyoke, MA
How many homes are available in Holyoke, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 47 | 62 | +31.9% |
Summary: The Holyoke real estate market had 62 homes for sale in April 2024, a 31.9% 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 | 6 | 6 | 0.0% |
| 3 Bedrooms | 20 | 27 | +35.0% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 13 | 19 | +46.2% |
Summary: The Holyoke 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 remained the same, 3 bedroom homes increased by 35%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 46.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 20 | +42.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Holyoke, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in Holyoke in April 2024, up by 42.9% month-over-month. Of the 20 sold homes, 25% were sold under asking, 15% were sold at asking, and 60% were sold over asking.
Days on Market for Holyoke, MA
How long does it take to sell a home in Holyoke, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 32 Days | -4.4% |
Summary: Homes in Holyoke had an average of 32 days on market in Apr 2024, down by 4.4% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Holyoke are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 20 homes were sold in Holyoke; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
