Is Petersham, MA 01366 a buyer’s or seller’s market?
Petersham is a seller’s market. With about 2.7 months of supply and 50% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Petersham housing market right now
In the three months ending August 31, 2026, 50% of homes in Petersham, MA 01366 sold above their list price, the typical home went under contract in 21 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 33%, homes sold faster (52 days then) and the median sale price rose 8% to $527,272. Overall, Petersham is more competitive than a year ago, so tougher for buyers.
Within Worcester County, homes here sell faster than in 73% of the county’s ZIP codes, and sell more often over asking than in 57%.
Nearby, buyers who want less competition could look at Fayville 01745 (0% sold over asking) or Worcester 01608 (0% sold over asking), while Leicester 01524 (80% sold over asking) and Cherry Valley 01611 (71% sold over asking) are even more competitive.
Run the numbers for 01366
Nearby markets
Ashburnham 01430Seller’s market $275 /sq ftAthol 01331Seller’s market $248 /sq ftAuburn 01501Seller’s market $299 /sq ftBaldwinville 01436Buyer’s market $277 /sq ft Browse all markets →Towns like Petersham nearby
Find towns like Petersham in other states →Where Petersham is
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Questions about Petersham real estate
Is Petersham a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Petersham, MA 01366 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 Petersham?
The typical home went under contract in 21 days in the latest three months.
Do homes in Petersham sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 100.7% of the list price.
What are property taxes in Petersham?
About 1.28% of a home’s value a year in Worcester County, or roughly $5,120 on a $400,000 home.
What is the median home price in Petersham?
The median sale price was $527,272 in the three months ending August 31, 2026, about $305 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