Is Boxford, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Boxford has remained a Seller's Market.
Key Takeaway
Boxford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Boxford, MA
How much do homes in Boxford, MA cost?
Median Sold Price
$927,000
$324/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Boxford have sold for 3% more than they did a year ago.
Summary: The median home sold price in Boxford was $927,000 in May 2024, up 3% from last year, and the median price per square foot was $324.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $924.4K | $690.9K | -25.3% |
| 3 Bedrooms | $725K | $769K | +6.1% |
| 4 Bedrooms | $925K | $970K | +4.9% |
| 5+ Bedrooms | $1.1M | $1.3M | +15.0% |
Summary: Boxford 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 25.3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 15%.
Median Sold Price Compared To Nearby Cities
| Georgetown | $670K | $779.5K | +16.3% |
| Topsfield | $755K | $872.5K | +15.6% |
| Groveland | $544.9K | $600.3K | +10.2% |
| Boxford | $899.9K | $927K | +3.0% |
| Middleton | $825K | $780K | -5.5% |
Housing Supply in Boxford, MA
How many homes are available in Boxford, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 29 | 34 | +17.2% |
Summary: The Boxford real estate market had 34 homes for sale in May 2024, a 17.2% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 18 | 19 | +5.6% |
| 5+ Bedrooms | 4 | 8 | +100.0% |
Summary: The Boxford 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 remained the same, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Boxford, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Boxford in May 2024, up by 133.3% month-over-month. Of the 7 sold homes, 14% were sold under asking, 43% were sold at asking, and 43% were sold over asking.
Days on Market for Boxford, MA
How long does it take to sell a home in Boxford, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 22 Days | 10 Days | -51.6% |
Summary: Homes in Boxford had an average of 10 days on market in May 2024, down by 51.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Boxford are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 7 homes were sold in Boxford; 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.
