#73333573, Tony Mallozzi, Listing Office: Anthony Joseph Real Estate LLC
Northborough Housing Market Report January 2025•Worcester County, Massachusetts
Housing Prices in Northborough, MA
How much do homes in Northborough, MA cost?
Housing Market Conditions
Is Northborough, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Northborough is a Seller's Market
Difference Since December 2024
Last month, Northborough has remained a Seller's Market.
Northborough 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 January 2025
Homes in Northborough have sold for 6.4% less than they did a month ago.
Summary: The median home sold price in Northborough was $622,288 in January 2025, down 6.4% from last month, and the median price per square foot was $342.
Median Sold Price By City
City | Dec 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Berlin | $525K | $695K | +32.4% |
Northborough | $665K | $622.2K | -6.4% |
Median Sold Price By Bedrooms
Beds | Dec 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $405K | $642.4K | +58.6% |
33 Bedrooms | $464.5K | $535.5K | +15.3% |
44 Bedrooms | $790K | $1.0M | +29.8% |
55+ Bedrooms | - | - | N/A |
Summary: Northborough housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +58.6%. The home price for 3 bedroom homes increased by +15.3%. The home price for 4 bedroom homes increased by +29.8%. The home price for 5 bedroom homes did not change.
Housing supply in Northborough, MA
How many homes are available in Northborough, MA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
27Last MonthJan 2025 | ||
352 months agoDec 2024 | -22.9 % Change MoMDec – Jan |
Summary: The Northborough real estate market had 27 homes for sale in Jan 2025, a 22.9 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
10Last MonthJan 2025 | ||
132 months agoDec 2024 | -23.1 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 6 | 6 | 0.0% |
33 Bedrooms | 14 | 11 | -21.4% |
44 Bedrooms | 13 | 8 | -38.5% |
55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Northborough housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -21.4%. The inventory for 4 bedroom homes decreased by -38.5%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Northborough, MA cost?
Over Asking Price5 Homes
At Asking Price0 Home
Under Asking Price5 Homes
If you're buying a home in Northborough, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Northborough in January 2025, down by 23.1% month-over-month. Of the 10 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% were sold over asking.
Days on Market for Northborough, MA
How long does it take to sell a home in Northborough, MA?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days3 Homes
Over 90 Days0 Home
Many homes in Northborough are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 10 homes were sold in Northborough; 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.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
30 DaysLast MonthJan 2025 | ||
51 Days1 month agoDec 2024 | -40.0 % Change MoMDec – Jan |
Summary: Homes in Northborough had an average listing age of 30 days in Jan 2025, down by 40.0% compared to the previous month.
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Newest Listings in Northborough, MA
What homes are available in Northborough, 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 12/01/2024 - 02/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 10:20:49 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: 2/8/2025, 10:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.