Methuen, MA Housing Market
The Methuen housing market is very competitive. Homes in Methuen receive 6 offers on average and sell in around 20 days. The median sale price of a home in Methuen was $613K last month, up 21.4% 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 March 2024, Methuen home prices were up 21.4% compared to last year, selling for a median price of $613K. On average, homes in Methuen sell after 20 days on the market compared to 21 days last year. There were 20 homes sold in March this year, down from 32 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 18 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 22 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 5 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
- $475,000 Last Sold Price3 beds1.5 baths1,376 sq ft121 Pelham St Unit B, Methuen, MA 01844List Price$420,000Sale to List13% over listDays on Market29 days121 Pelham St Unit B, Methuen, MA 01844
- $670,000 Last Sold Price3 beds2 baths1,660 sq ft11 Butternut Ln, Methuen, MA 01844List Price$640,000Sale to List5% over listDays on Market63 days11 Butternut Ln, Methuen, MA 01844
- $760,000 Last Sold Price3 beds2.5 baths2,156 sq ft23 Herrick Dr #23, Methuen, MA 01844List Price$760,000Sale to List0% over listDays on Market48 days23 Herrick Dr #23, Methuen, MA 01844
- $510,000 Last Sold Price3 beds2 baths1,096 sq ft29-A Elm St, Methuen, MA 01844List Price$449,900Sale to List13% over listDays on Market30 days29-A Elm St, Methuen, MA 01844
- $920,000 Last Sold Price4 beds2.5 baths2,469 sq ft4 Geramat Way Lot 1B, Methuen, MA 01844List Price$919,900Sale to List0% over listDays on Market55 days4 Geramat Way Lot 1B, Methuen, MA 01844
- $485,000 Last Sold Price3 beds1 bath1,316 sq ft107 Pelham St, Methuen, MA 01844List Price$459,000Sale to List6% over listDays on Market56 days107 Pelham St, Methuen, MA 01844
- $675,000 Last Sold Price2 beds2.5 baths2,092 sq ft26 Hopkins Cir #26, Methuen, MA 01844List Price$669,900Sale to List1% over listDays on Market42 days26 Hopkins Cir #26, Methuen, MA 01844
- $400,000 Last Sold Price3 beds1 bath1,432 sq ft40 Palermo St, Methuen, MA 01844List Price$429,900Sale to List7% under listDays on Market260 days40 Palermo St, Methuen, MA 01844
See all recently sold homes in Methuen.
See listings
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
More real estate resources for Methuen
New Listings in Methuen
Nearby City Housing Markets
Neighborhood Housing Markets
Zip Code Housing Markets
Nearby City Listings
Neighborhood Listings
Zip Code Listings
About us
Find us
Subsidiaries
Copyright: © 2024 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.