Is Pepperell, 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, Pepperell has remained a Seller's Market.
Housing Prices in Pepperell, MA
How much do homes in Pepperell, MA cost?
Median Sold Price
$530,000
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Pepperell was $530,000 in April 2024, up 6% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $322.5K | $325K | +0.8% |
3 Bedrooms | $481.5K | $500K | +3.8% |
4 Bedrooms | $625K | $680K | +8.8% |
5+ Bedrooms | $542.5K | $572.5K | +5.5% |
Summary: Pepperell 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 0.8%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 5.5%.
Median Sold Price Compared To Nearby Cities
Pepperell | $500K | $530K | +6.0% |
Groton | $750K | $741K | -1.2% |
Townsend | $472.5K | $455K | -3.7% |
Housing Supply in Pepperell, MA
How many homes are available in Pepperell, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 24 | -7.7% |
Summary: The Pepperell real estate market had 24 homes for sale in April 2024, a 7.7% decrease 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 | 2 | 5 | +150.0% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 11 | 7 | -36.4% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Pepperell 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 150%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Pepperell in April 2024, the same as the previous month. Of the 8 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Pepperell, MA
How long does it take to sell a home in Pepperell, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 17 Days | -46.0% |
Summary: Homes in Pepperell had an average of 17 days on market in Apr 2024, down by 46% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Pepperell; 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.