Is Rehoboth, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Rehoboth was a Buyer's Market.
Key Takeaway
Rehoboth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rehoboth, MA
How much do homes in Rehoboth, MA cost?
Median Sold Price
$607,500
$297/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Rehoboth have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Rehoboth was $607,500 in April 2024, up 5.7% from last year, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $262.5K | - | N/A |
| 2 Bedrooms | $475K | $547K | +15.1% |
| 3 Bedrooms | $559K | $560K | 0.2% |
| 4 Bedrooms | $730K | $695.7K | -4.7% |
| 5+ Bedrooms | $625K | $900K | +44.0% |
Summary: Rehoboth 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 15.1%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 44%.
Housing Supply in Rehoboth, MA
How many homes are available in Rehoboth, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 30 | 0.0% |
Summary: The Rehoboth real estate market had 30 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Rehoboth 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 40%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rehoboth, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Rehoboth in April 2024, the same as the previous month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.
Days on Market for Rehoboth, MA
How long does it take to sell a home in Rehoboth, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 23 Days | 31 Days | +38.4% |
Summary: Homes in Rehoboth had an average of 31 days on market in Apr 2024, up by 38.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Rehoboth are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Rehoboth; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
