Navigating the Plymouth, MA real estate market requires a keen understanding of current trends and metrics. Here’s an overview to guide both buyers and sellers:
Market Overview
The Plymouth housing market is somewhat competitive, with homes typically receiving multiple offers and selling in around 54 days.
Home Prices
As of February 2025, the median sale price in Plymouth reached $613,000, marking a 5.6% increase from the previous year.
Days on Market
Homes in Plymouth are spending an average of 54 days on the market before being sold, which is a slight increase from 48 days the previous year.
Market Competitiveness
The Plymouth housing market is deemed somewhat competitive, with homes typically receiving multiple offers and selling for around the list price. The Redfin Compete Score rates Plymouth at 66 out of 100, suggesting a moderately brisk market where well-priced homes can sell quickly
Conclusion
For sellers, the current market conditions present a favorable opportunity to list properties, given the rising prices and sustained demand. Buyers should be prepared for a competitive environment, where acting swiftly and making strong offers can be key to securing a desired property. Staying informed about these market dynamics will empower both buyers and sellers to make strategic decisions in Plymouth’s evolving real estate landscape.
