Is Savoy, MA 01256 a buyer’s or seller’s market?
Savoy is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Savoy housing market right now
In the three months ending August 31, 2026, 50% of homes in Savoy, MA 01256 sold above their list price, the typical home went under contract in 69 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (50% then), homes sold more slowly (23 days then) and the median sale price rose 52% to $459,801. Overall, Savoy is less competitive than a year ago, which gives buyers more room.
Within Berkshire County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell more often over asking than in 79%.
Nearby, buyers who want less competition could look at Drury 01343 (0% sold over asking) or Stockbridge 01262 (0% sold over asking), while South Lee 01260 (100% sold over asking) and Dalton 01226 (57% sold over asking) are even more competitive.
Run the numbers for 01256
Nearby markets
Adams 01220Seller’s market $193 /sq ftAshley Falls 01222Seller’s market $238 /sq ftBecket 01223Buyer’s market $258 /sq ftCheshire 01225Seller’s market $175 /sq ft Browse all markets →Where Savoy is
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Questions about Savoy real estate
Is Savoy a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Savoy, MA 01256 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Savoy?
The typical home went under contract in 69 days in the latest three months.
Do homes in Savoy sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 96.2% of the list price.
What are property taxes in Savoy?
About 1.32% of a home’s value a year in Berkshire County, or roughly $5,280 on a $400,000 home.
What is the median home price in Savoy?
The median sale price was $459,801 in the three months ending August 31, 2026, about $244 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology