Cheshire Housing Market Report January 2025•Berkshire County, Massachusetts

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Housing Prices in Cheshire, MA

How much do homes in Cheshire, MA cost?

Housing Market Conditions

Is Cheshire, MA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Cheshire is a Seller's Market

Difference Since January 2024

At the same time last year, Cheshire was a Neutral Market.

Insight

Cheshire is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$295,000$163/SqFt
+$17,250
+6.2%

Based on all homes sold in the last 12 months

Insight

Homes in Cheshire have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in Cheshire was $295,000 in January 2025, up 6.2% from last year, and the median price per square foot was $163.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Cheshire
+6.2%
Lanesborough
-11.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
2$283.5K$252K
-11.1%
3$264.9K$400K
+51.0%
4$314K$281K
-10.5%
5$505K$268K
-46.9%
1$277.7K$380K
+36.8%

Summary: Cheshire housing price by bedroom type for January 2025, compared to the previous year. The home price for 2 bedroom homes decreased by -11.1%. The home price for 3 bedroom homes increased by +51.0%. The home price for 4 bedroom homes decreased by -10.5%. The home price for 5 bedroom homes decreased by -46.9%. The home price for 1 bedroom homes increased by +36.8%.

Housing supply in Cheshire, MA

How many homes are available in Cheshire, MA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
11Last MonthJan 2025
132 months agoDec 2024
-15.4 %
Change MoMDec – Jan

Summary: The Cheshire real estate market had 11 homes for sale in Jan 2025, a 15.4 % decrease compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
3Last MonthJan 2025
32 months agoDec 2024
0.0 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
232
-33.3%
355
0.0%
431
-66.7%
523
+50.0%
100
0.0%

Summary: Cheshire housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 2 bedroom homes decreased by -33.3%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -66.7%. The inventory for 5 bedroom homes increased by +50.0%. The inventory for 1 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Cheshire, MA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price2 Homes

Insight

If you're buying a home in Cheshire, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Cheshire in January 2025, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and and 33% were sold over asking.

Days on Market for Cheshire, MA

How long does it take to sell a home in Cheshire, MA?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days2 Homes

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in Cheshire has remained consistent over time.

Summary: During January 2025, 3 homes were sold in Cheshire; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
75 DaysThis YearJan 2025
71 Days1 year agoJan 2024
+6.6 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Cheshire had an average listing age of 75 days in Jan 2025, up by 6.6% compared to the previous year.

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Newest Listings in Cheshire, MA

What homes are available in Cheshire, MA?

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Nearby markets

Nearby markets aren't available for Cheshire, MA

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MLS Disclaimers and Copyright

Based on information from Berkshire County Multiple Listing Service, and MLS Property Information Network Inc. for the period 02/01/2023 - 02/01/2025

Information from the Berkshire County Board of Realtors, Inc. or it's Multiple Listing Service. Site contains live data. Information herein believed to be accurate, but not warranted. All right, title and interest in the exclusively listed property information represented on this website was created, maintained and copyrighted by the Berkshire County Board of Realtors® and in copyrights therein, hall at all times remain vested in the Berkshire County Board of Realtors®. As a Participant of the Berkshire County Multiple Listing Service, this company was granted a lease to use this information in accordance with all rules and regulations of the Service. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 11:46:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.