New - 5 days on Rocket
#73327129, Julianne Bridgeman, Listing Office: Ceres Real Estate
Milton Housing Market Report December 2024•Norfolk County, Massachusetts
Housing Prices in Milton, MA
How much do homes in Milton, MA cost?
Housing Market Conditions
Is Milton, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Milton is a Seller's Market
Difference Since December 2023
Since last year, Milton has remained a Seller's Market.
Insight
Milton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$978,333$502/SqFt
+$83,333
+9.3%
Based on all homes sold in the last 12 months
Insight
Homes in Milton have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in Milton was $978,333 in December 2024, up 9.3% from last year, and the median price per square foot was $502.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Randolph | $500K | $549K | +9.8% |
| Milton | $895K | $978.3K | +9.3% |
| Quincy | $623.5K | $680K | +9.0% |
| Boston | $798.6K | $823.7K | +3.2% |
| Dorchester Center | $690K | $700K | +1.4% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $562.5K | - | N/A |
| 22 Bedrooms | $739K | $739K | 0.0% |
| 33 Bedrooms | $830K | $900K | +8.4% |
| 44 Bedrooms | $1.0M | $1.1M | +6.1% |
| 55+ Bedrooms | $1.2M | $1.3M | +11.6% |
Summary: Milton housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +8.4%. The home price for 4 bedroom homes increased by +6.1%. The home price for 5 bedroom homes increased by +11.6%.
Housing supply in Milton, MA
How many homes are available in Milton, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 50Last MonthDec 2024 | ||
| 642 months agoNov 2024 | -21.9 % Change MoMNov – Dec |
Summary: The Milton real estate market had 50 homes for sale in Dec 2024, a 21.9 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 20Last MonthDec 2024 | ||
| 172 months agoNov 2024 | +17.6 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 2 | 0.0% |
| 22 Bedrooms | 6 | 5 | -16.7% |
| 33 Bedrooms | 23 | 15 | -34.8% |
| 44 Bedrooms | 22 | 18 | -18.2% |
| 55+ Bedrooms | 11 | 10 | -9.1% |
Summary: Milton housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -16.7%. The inventory for 3 bedroom homes decreased by -34.8%. The inventory for 4 bedroom homes decreased by -18.2%. The inventory for 5 bedroom homes decreased by -9.1%.
Asking Price vs. Sold Price
How much do homes in Milton, MA cost?
Over Asking Price10 Homes
At Asking Price4 Homes
Under Asking Price6 Homes
Insight
If you're buying a home in Milton, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in Milton in December 2024, up by 17.6% month-over-month. Of the 20 sold homes, 30% were sold under asking, 20% were sold at asking, and and 50% were sold over asking.
Days on Market for Milton, MA
How long does it take to sell a home in Milton, MA?
Breakdown of Home Sale Times
Under 30 Days11 Homes
30 – 90 Days9 Homes
Over 90 Days0 Home
Insight
Many homes in Milton are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 20 homes were sold in Milton; 55% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 31 DaysThis YearDec 2024 | ||
| 53 Days1 year agoDec 2023 | -41.9 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Milton had an average listing age of 31 days in Dec 2024, down by 41.9% compared to the previous year.
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Newest Listings in Milton, MA
What homes are available in Milton, MA?
New - 6 days on Rocket
$10,000 Closing Credit¹
#73326939, Perry DiNatale, Listing Office: Perry DiNatale Realty
Backup offers
$10,000 Closing Credit¹
#73325554, Carolyn Glynn, Listing Office: LAER Realty Partners
$7,707 Closing Credit¹
#73324084, Matthew Soignoli, Listing Office: LAER Realty Partners
Backup offers
$10,000 Closing Credit¹
#73323692, James Gattuso, Listing Office: Mayflower Realty Group
$7,124 Closing Credit¹
#73323395, Scott Farrell & Partners, Listing Office: Compass
$9,974 Closing Credit¹
#73323136, Charleen Guarnaccia-Albanese, Listing Office: Keller Williams Realty
$10,000 Closing Credit¹
#73322475, Danny Zheng, Listing Office: Keller Williams Realty
#73321686, Jamal Adrien, Listing Office: Zander Realty Group
$10,000 Closing Credit¹
#73319639, Michael Peppino, Listing Office: Real Broker MA, LLC
Backup offers
$10,000 Closing Credit¹
#73317595, Patricia Nunez, Listing Office: Redfin Corp.
$7,113 Closing Credit¹
#73315307, Stephen Clements, Listing Office: Keller Williams Pinnacle MetroWest
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 01/01/2023 - 01/01/2025
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: 1/23/2025, 11:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.