#73327146, The Ponte Group, Listing Office: Keller Williams South Watuppa
Fall River Housing Market Report December 2024•Bristol County, Massachusetts
Housing Prices in Fall River, MA
How much do homes in Fall River, MA cost?
Housing Market Conditions
Is Fall River, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Fall River is a Seller's Market
Difference Since December 2023
Since last year, Fall River has remained a Seller's Market.
Fall River is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Fall River have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Fall River was $471,166 in December 2024, up 9.2% from last year, and the median price per square foot was $228.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
North Dartmouth | $465K | $540K | +16.1% |
Fall River | $431.3K | $471.1K | +9.2% |
Westport | $629.5K | $680K | +8.0% |
Somerset | $443K | $477.5K | +7.8% |
Tiverton | $455.1K | $485K | +6.6% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $187K | $307K | +64.2% |
22 Bedrooms | $295.5K | $312.5K | +5.8% |
33 Bedrooms | $400K | $425K | +6.3% |
44 Bedrooms | $400K | $455K | +13.8% |
55+ Bedrooms | $550K | $625K | +13.6% |
Summary: Fall River housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +64.2%. The home price for 2 bedroom homes increased by +5.8%. The home price for 3 bedroom homes increased by +6.3%. The home price for 4 bedroom homes increased by +13.8%. The home price for 5 bedroom homes increased by +13.6%.
Housing supply in Fall River, MA
How many homes are available in Fall River, MA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
188Last MonthDec 2024 | ||
2112 months agoNov 2024 | -10.9 % Change MoMNov – Dec |
Summary: The Fall River real estate market had 188 homes for sale in Dec 2024, a 10.9 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
52Last MonthDec 2024 | ||
492 months agoNov 2024 | +6.1 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 4 | +100.0% |
22 Bedrooms | 24 | 27 | +12.5% |
33 Bedrooms | 75 | 61 | -18.7% |
44 Bedrooms | 33 | 32 | -3.0% |
55+ Bedrooms | 77 | 64 | -16.9% |
Summary: Fall River housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +12.5%. The inventory for 3 bedroom homes decreased by -18.7%. The inventory for 4 bedroom homes decreased by -3.0%. The inventory for 5 bedroom homes decreased by -16.9%.
Asking Price vs. Sold Price
How much do homes in Fall River, MA cost?
Over Asking Price25 Homes
At Asking Price9 Homes
Under Asking Price18 Homes
If you're buying a home in Fall River, you could pay more than the asking price. 48.1% of homes here sold above asking price last month.
Summary: A total of 52 homes were sold or pending in Fall River in December 2024, up by 6.1% month-over-month. Of the 52 sold homes, 35% were sold under asking, 17% were sold at asking, and and 48% were sold over asking.
Days on Market for Fall River, MA
How long does it take to sell a home in Fall River, MA?
Breakdown of Home Sale Times
Under 30 Days27 Homes
30 – 90 Days20 Homes
Over 90 Days5 Homes
Many homes in Fall River are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 52 homes were sold in Fall River; 52% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
41 DaysThis YearDec 2024 | ||
30 Days1 year agoDec 2023 | +35.6 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Fall River had an average listing age of 41 days in Dec 2024, up by 35.6% compared to the previous year.
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Newest Listings in Fall River, MA
What homes are available in Fall River, MA?
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., and Rhode Island State Wide MLS for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.