Is South Deerfield, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, South Deerfield was a Buyer's Market.
Housing Prices in South Deerfield, MA
How much do homes in South Deerfield, MA cost?
Median Sold Price
$417,000
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in South Deerfield was $417,000 in May 2024, up 4.3% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $342.9K | $325K | -5.2% |
3 Bedrooms | $400K | $400K | 0.0% |
4 Bedrooms | $626K | $544.4K | -13.0% |
5+ Bedrooms | $545K | - | N/A |
Summary: South Deerfield housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 13%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Sunderland | $352.7K | $505K | +43.2% |
South Deerfield | $400K | $417K | +4.3% |
Deerfield | $415.5K | $367.5K | -11.6% |
Housing Supply in South Deerfield, MA
How many homes are available in South Deerfield, MA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 14 | +27.3% |
Summary: The South Deerfield real estate market had 14 homes for sale in May 2024, a 27.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Deerfield housing inventory by bedroom type for May 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 25%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in South Deerfield in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for South Deerfield, MA
How long does it take to sell a home in South Deerfield, MA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
5 Days | 11 Days | +133.3% |
Summary: Homes in South Deerfield had an average of 11 days on market in May 2024, up by 133.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in South Deerfield; 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.