Is Montague, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Montague has remained a Seller's Market.
Housing Prices in Montague, MA
How much do homes in Montague, MA cost?
Median Sold Price
$307,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Montague was $307,000 in April 2024, up 11.2% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $207.3K | $215K | +3.7% |
2 Bedrooms | $217.2K | $237.5K | +9.3% |
3 Bedrooms | $308K | $356.2K | +15.7% |
4 Bedrooms | $287.5K | $336.5K | +17.0% |
5+ Bedrooms | $241K | $336.5K | +39.6% |
Summary: Montague housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 39.6%.
Median Sold Price Compared To Nearby Cities
Greenfield Town | $269K | $309.5K | +15.1% |
Montague | $276K | $307K | +11.2% |
Turners Falls | $275K | $300K | +9.1% |
Housing Supply in Montague, MA
How many homes are available in Montague, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 18 | 0.0% |
Summary: The Montague real estate market had 18 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 | 2 | 2 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 4 | 6 | +50.0% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Montague 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Montague in April 2024, up by 40.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for Montague, MA
How long does it take to sell a home in Montague, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 24 Days | +14.3% |
Summary: Homes in Montague had an average of 24 days on market in Apr 2024, up by 14.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Montague; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.