Is Gardner, 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, Gardner has remained a Seller's Market.
Key Takeaway
Gardner is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gardner, MA
How much do homes in Gardner, MA cost?
Median Sold Price
$364,250
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Gardner have sold for 17.5% more than they did a year ago.
Summary: The median home sold price in Gardner was $364,250 in May 2024, up 17.5% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $168.5K | $141.5K | -16.0% |
| 2 Bedrooms | $232K | $260K | +12.1% |
| 3 Bedrooms | $315K | $365K | +15.9% |
| 4 Bedrooms | $335K | $370K | +10.4% |
| 5+ Bedrooms | $365K | $451.5K | +23.7% |
Summary: Gardner housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 23.7%.
Median Sold Price Compared To Nearby Cities
| Gardner | $310K | $364.2K | +17.5% |
| Winchendon | $350K | $379.9K | +8.5% |
| Westminster | $500K | $526.5K | +5.3% |
| Templeton | $380.7K | $356K | -6.5% |
Housing Supply in Gardner, MA
How many homes are available in Gardner, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 69 | 72 | +4.3% |
Summary: The Gardner real estate market had 72 homes for sale in May 2024, a 4.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 11 | 17 | +54.5% |
| 3 Bedrooms | 33 | 30 | -9.1% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Gardner housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 54.5%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 23 | +9.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gardner, you could pay more than the asking price. 78.3% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in Gardner in May 2024, up by 9.5% month-over-month. Of the 23 sold homes, 17% were sold under asking, 4% were sold at asking, and 78% were sold over asking.
Days on Market for Gardner, MA
How long does it take to sell a home in Gardner, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 26 Days | 23 Days | -11.1% |
Summary: Homes in Gardner had an average of 23 days on market in May 2024, down by 11.1% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gardner are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 23 homes were sold in Gardner; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
