Is Dudley, 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, Dudley was a Seller's Market.
Key Takeaway
Dudley is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Dudley, MA
How much do homes in Dudley, MA cost?
Median Sold Price
$401,075
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Dudley have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in Dudley was $401,075 in May 2024, down 0.7% 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 | $150K | $167K | +11.3% |
| 2 Bedrooms | $399K | $398.6K | -0.1% |
| 3 Bedrooms | $392.5K | $400K | +1.9% |
| 4 Bedrooms | $415K | $541.5K | +30.5% |
| 5+ Bedrooms | $486.5K | $482.5K | -0.8% |
Summary: Dudley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.3%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 30.5%, and 5+ bedroom homes decreased by 0.8%.
Housing Supply in Dudley, MA
How many homes are available in Dudley, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 26 | +30.0% |
Summary: The Dudley real estate market had 26 homes for sale in May 2024, a 30.0% 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 | 2 | +100.0% |
| 3 Bedrooms | 10 | 18 | +80.0% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Dudley 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 increased by 100%, 3 bedroom homes increased by 80%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dudley, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Dudley in May 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Dudley, MA
How long does it take to sell a home in Dudley, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 18 Days | 25 Days | +38.2% |
Summary: Homes in Dudley had an average of 25 days on market in May 2024, up by 38.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dudley are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Dudley; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
