Is Newburyport, 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, Newburyport has remained a Seller's Market.
Housing Prices in Newburyport, MA
How much do homes in Newburyport, MA cost?
Median Sold Price
$800,000
$510/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Newburyport was $800,000 in April 2024, up 5.3% from last year, and the median price per square foot was $510.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $405K | $408K | +0.7% |
2 Bedrooms | $597.5K | $630K | +5.4% |
3 Bedrooms | $810K | $915K | +13.0% |
4 Bedrooms | $1.1M | $1.2M | +9.8% |
5+ Bedrooms | $1.5M | $990K | -36.3% |
Summary: Newburyport housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 36.3%.
Median Sold Price Compared To Nearby Cities
Salisbury | $515K | $599.9K | +16.5% |
Amesbury | $538.3K | $610K | +13.3% |
Amesbury Town | $538.3K | $610K | +13.3% |
Newburyport | $759.9K | $800K | +5.3% |
West Newbury | $807K | $810K | 0.4% |
Housing Supply in Newburyport, MA
How many homes are available in Newburyport, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
72 | 87 | +20.8% |
Summary: The Newburyport real estate market had 87 homes for sale in April 2024, a 20.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 22 | 27 | +22.7% |
3 Bedrooms | 24 | 31 | +29.2% |
4 Bedrooms | 18 | 18 | 0.0% |
5+ Bedrooms | 3 | 7 | +133.3% |
Summary: The Newburyport housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 22.7%, 3 bedroom homes increased by 29.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 19 | +35.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Newburyport in April 2024, up by 35.7% month-over-month. Of the 19 sold homes, 32% were sold under asking, 16% were sold at asking, and 53% were sold over asking.
Days on Market for Newburyport, MA
How long does it take to sell a home in Newburyport, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 31 Days | +66.0% |
Summary: Homes in Newburyport had an average of 31 days on market in Apr 2024, up by 66% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in Newburyport; 74% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.