Methuen, MA Housing Market
The Methuen housing market is very competitive. The median sale price of a home in Methuen was $598K last month, up 4.8% since last year. The median sale price per square foot in Methuen is $314, up 11.9% since last year.
Methuen Housing Market Trends
In April 2024, Methuen home prices were up 4.8% compared to last year, selling for a median price of $598K. On average, homes in Methuen sell after 16 days on the market compared to 20 days last year. There were 32 homes sold in April this year, up from 31 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Methuen housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 16 days.
- Hot homescan sell for about 7% above list price and go pending in around 8 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 21 days.
- Hot homescan sell for about 9% above list price and go pending in around 13 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 13 days.
- Hot homescan sell for about 4% above list price and go pending in around 6 days.
Methuen Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Methuen from outside metros.
- New York homebuyers searched to move into Methuen more than any other metro followed by Hartford and San Francisco.
- 82% of Methuen homebuyers searched to stay within the Methuen metropolitan area.
- Portland was the most popular destination among Methuen homebuyers followed by Miami and Lebanon.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,037 | ||
2 | 1,440 | ||
3 | 381 | ||
4 | 298 | ||
5 | 198 | ||
6 | 140 | ||
7 | 128 | ||
8 | 17 | ||
9 | 12 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,083 | ||
2 | 1,620 | ||
3 | 1,584 | ||
4 | 983 | ||
5 | 954 | ||
6 | 888 | ||
7 | 785 | ||
8 | 663 | ||
9 | 360 | ||
10 | 346 |
View houses in Methuen that sold recently
Recently sold homes
- $650,000 Last Sold Price4 beds3.5 baths2,917 sq ft42 Woodburn, Methuen, MA 01844List Price$649,900Sale to List0% over listDays on Market38 days42 Woodburn, Methuen, MA 01844
- $485,000 Last Sold Price3 beds1 bath1,365 sq ft9 Somerset St, Methuen, MA 01844List Price$509,900Sale to List5% under listDays on Market63 days9 Somerset St, Methuen, MA 01844
- $975,000 Last Sold Price3 beds3.5 baths3,901 sq ft5 Cardinal Rd #178, Methuen, MA 01844List Price$1,199,000Sale to List19% under listDays on Market106 days5 Cardinal Rd #178, Methuen, MA 01844
- $450,000 Last Sold Price2 beds2.5 baths1,775 sq ft21 Landing Dr #21, Methuen, MA 01844List Price$459,900Sale to List2% under listDays on Market37 days21 Landing Dr #21, Methuen, MA 01844
- $586,000 Last Sold Price3 beds2 baths1,859 sq ft3 Carrie Way, Methuen, MA 01844List Price$569,999Sale to List3% over listDays on Market55 days3 Carrie Way, Methuen, MA 01844
- $650,000 Last Sold Price3 beds2 baths2,186 sq ft16 Dawes St, Methuen, MA 01844List Price$615,000Sale to List6% over listDays on Market41 days16 Dawes St, Methuen, MA 01844
- $605,000 Last Sold Price4 beds2 baths1,776 sq ft118 Vermont St, Methuen, MA 01844List Price$599,000Sale to List1% over listDays on Market43 days118 Vermont St, Methuen, MA 01844
- $546,000 Last Sold Price3 beds2 baths1,319 sq ft16 Farley St, Methuen, MA 01844List Price$489,000Sale to List12% over listDays on Market35 days16 Farley St, Methuen, MA 01844
See all recently sold homes in Methuen.
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Schools in Methuen
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Kittredge Elementary School Public • 1-5 | 228 Students | 3 reviews |
7/10 Franklin Elementary School Public • 1-5 | 380 Students | 2 reviews |
7/10 William T. Barron Elementary School Public • K-5 | 376 Students | 2 reviews |
7/10 Thomson Elementary School Public • 1-5 | 318 Students | 5 reviews |
6/10 William E. Lancaster School Public • K-5 | 242 Students | 3 reviews |
Climate's impact on Methuen housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Methuen.
Flood Factor - Major
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Methuen
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