Market Intelligence Report — MA-640

Greenfield, MA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MA-09
As of the latest 2026 data
Accelerated

Median Listing

$420K
-11.4% YoY

Pending Ratio

0.68
+52.0% YoY

Active Inventory

119
+6.3% YoY

Median DOM

48 Days
-3.1% YoY

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The Greenfield, MA market is currently in an Accelerated condition, characterized by a pending ratio of 0.68, which represents a 52.0% increase over the past year. This demand momentum is occurring alongside a notable contraction in median listing prices, which have decreased by 11.4% year-over-year to $420,000.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Greenfield market right now.

Demand indicators show upward momentum, with pending listings up 52.0% year-over-year, driving the pending ratio to 0.68. This rise in demand is absorbing available supply despite a 6.3% year-over-year increase in active listings. Concurrently, median listing prices have seen a significant year-over-year decline of 11.4%, with median price per square foot also contracting by 8.6% over the same period. New listings have increased by 12.9% year-over-year, contributing to overall available inventory, yet days on market remain relatively stable.

Historical Analysis

Market Trends

Median Price

$420K-6.5% MoM

Active Inventory

119+6.3% YoY

Days on Market

48-3.1% YoY

Sold Score™

76+52.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

76
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current demand absorption rate, indicated by the pending ratio of 0.68, suggests that transactions are proceeding at an accelerated pace. While overall inventory has seen a modest increase, the strong demand pressure is likely to reduce the duration properties remain available. Price discipline may be observed as median listing prices have seen double-digit annual contractions, suggesting a market where sellers are adjusting expectations to meet current demand levels.

Luxury Segment

The average listing price has experienced a significant year-over-year decline of 23.0% to $477,704, considerably outpacing the 11.4% decline in the median listing price. This divergence, coupled with a decrease in median price per square foot, indicates potential softness in the higher-price tiers of the market.

Supply Dynamics

119 active listings represent the current floor, with new supply arriving at roughly 70 per month.

Pricing Pressure
18.5%

of active listings carry a price reduction, -2.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -8.6% year-over-year.

Absorption
0.68

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Greenfield, MA? Buyer Demand Index is running at 68%.

Demand in Greenfield, MA is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
68%
Median Days on Market
48 days
Inventory YoY
+6%

Demand is strong in Greenfield, MA. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
Greenfield, MA
CBSA Code
24640
State
MA

ZIPs in Greenfield, MA

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