Is Southbridge, MA 01550 a buyer’s or seller’s market?
Southbridge is a seller’s market. With about 2.4 months of supply and 43% 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.
More competitive than 80% of U.S. ZIP codes, and #254 of 362 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Southbridge housing market right now
In the three months ending August 31, 2026, 43% of homes in Southbridge, MA 01550 sold above their list price, the typical home went under contract in 25 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 60 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 56%, homes sold more slowly (22 days then) and the median sale price rose 3% to $376,587. Overall, Southbridge is less competitive than a year ago, which gives buyers more room.
Within Worcester County, homes here sell more slowly than in 66% of the county’s ZIP codes, and sell less often over asking than in 63%. On our competition score, Southbridge ranks #254 of 362 MA ZIP codes with enough sales (score 75 out of 100).
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 01550
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 Southbridge nearby
Find towns like Southbridge in other states →Where Southbridge is
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Questions about Southbridge real estate
Is Southbridge a buyer’s or seller’s market?
A seller’s market: there were 2.4 months of supply in Southbridge, MA 01550 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 Southbridge?
The typical home went under contract in 25 days in the latest three months.
Do homes in Southbridge sell over asking?
43% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.
What are property taxes in Southbridge?
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 Southbridge?
The median sale price was $376,587 in the three months ending August 31, 2026, about $215 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