Search homes for sale in Concord, MA, a picturesque New England community of handsome residences, preserved open spaces, family-owned farms and thriving commercial centers.
The housing market in Concord remains highly competitive, with significant shifts in pricing over the past year. Last month, the median sale price for a home in Concord was $1.5 million, reflecting a 10.9% decrease compared to the same period last year. However, this overall price drop contrasts with the rise in the cost of space, as the median price per square foot surged by 22.9% to ¤564. This divergence suggests that while overall home prices have softened, buyers are still willing to pay a premium for quality or well-located properties, indicating sustained demand in certain segments of the market.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In June 2024, the Concord housing market experienced a notable shift, with home prices dropping by 10.9% compared to the previous year, resulting in a median sale price of $1.5 million. Despite this price decline, homes in Concord are selling faster, with the average time on the market reduced to just 12 days, compared to 20 days last year. This quicker turnaround indicates continued buyer interest and competitiveness, even as the market cools slightly. However, the number of homes sold also decreased, with 28 transactions in June 2024, down from 30 the previous year, reflecting a slight dip in market activity.
Concord's housing market remains intensely competitive, with homes typically selling within 16 days. Many properties attract multiple offers, often with buyers waiving contingencies to secure their purchase. On average, homes sell for approximately 3% above the list price and go pending within about 16 days. However, in particularly hot segments of the market, homes can sell for as much as 10% above the list price, with pending status achieved in just 11 days, underscoring the strong demand and urgency among buyers.
People are moving to Concord from a variety of locations, with notable interest from outside the area. Nationwide, 2% of homebuyers who searched for properties in Concord were from outside the metropolitan region. Among these, New York leads as the top source of interest, with more homebuyers from this metro searching to move to Concord than from any other area. Following New York, Hartford and Washington, D.C. also rank highly as key metros where prospective buyers are looking to relocate to Concord. This influx from major cities reflects Concord's appeal to those seeking new opportunities or a change in lifestyle.
For detailed, up-to-date information on buying a house in Concord, MA, including legal considerations and market trends, you can talk to us.
In June 2024, the Concord housing market saw a significant shift, with home prices decreasing by 10.9% compared to the previous year, bringing the median sale price to $1.5 million. Despite this drop, homes for sale in Concord are selling faster, with properties spending an average of just 12 days on the market, compared to 20 days last year. This indicates ongoing buyer interest and competition, even as the market cools. However, market activity has slightly slowed, with 28 homes sold in June 2024, down from 30 transactions the previous year.
Property taxes in Concord are based on the assessed value of your home and the town's tax rate, which is determined annually. Homeowners are responsible for paying these taxes to fund local services such as schools, road maintenance, and public safety. The town regularly reassesses properties to ensure that taxes align with current market values, which can fluctuate based on the real estate market, including trends seen with Concord homes for sale.
Concord offers several desirable neighborhoods, each with its own charm. Some top areas include West Concord, known for its village-like feel and walkability; Monument Street, home to historic estates and scenic landscapes; and the Conantum neighborhood, offering more suburban settings with larger lots. Homes for sale in Concord often feature a mix of historic and modern architecture, attracting a wide range of buyers.
Commuting from Concord to Boston is convenient, with the town being served by the MBTA commuter rail's Fitchburg Line, which offers direct access to North Station. Additionally, Concord is easily accessible via Route 2, making it a straightforward drive for those who prefer to commute by car. This ease of access is a major draw for those seeking Concord homes for sale who need to travel regularly to Boston.
Concord is rich in history and home to several significant landmarks. Key attractions include the Old North Bridge, site of the first battle of the American Revolution, the homes of authors Louisa May Alcott and Ralph Waldo Emerson, and Walden Pond, made famous by Henry David Thoreau. These historical sites add to the town's appeal for those looking at homes for sale in Concord, offering both cultural and educational experiences.
Yes, Concord has several historic districts, and homes within these areas are subject to certain restrictions to preserve the town's historical character. If you're looking to renovate a historic property, you'll need to obtain approval from the town's Historic Districts Commission, which reviews proposed changes to ensure they maintain the architectural integrity of the property and surrounding area.
If you believe your property in Concord has been assessed incorrectly, you can file an appeal with the town’s Board of Assessors. The process involves providing evidence that your home’s assessed value does not accurately reflect its market value, potentially using comparable homes for sale in Concord as a reference. You must submit your appeal within a specified time frame after receiving your property tax bill.
Concord typically has higher real estate prices compared to neighboring towns like Acton or Carlisle, reflecting its historic appeal, desirable schools, and proximity to Boston. Concord homes for sale often command a premium due to the town's historical significance, high-end amenities, and natural beauty. While nearby towns offer more affordable options, Concord’s blend of cultural attractions, top-tier public schools, and commuter convenience make it a particularly sought-after location.
Whether you have questions about the Concord housing market or you're ready to explore available properties, Peggy is here to help. With her deep local knowledge and commitment to your success, she'll guide you every step of the way. Don't miss out—reach out now and make Concord your new home!
Curious about what makes Concord, MA such a desirable place to live? Dive into our comprehensive neighborhood guide to explore everything this charming area has to offer. From top schools and vibrant community life to hidden gems and local hotspots, get all the insights you need to envision your future in Concord. Start exploring today!
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