Market Intelligence Report — MA-640

Greenfield, MA

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

Ref. No: 2026-MA-08
As of the latest 2026 data
Very Competitive

Median Listing

$449K
-5.6% YoY

Pending Ratio

0.90
+74.3% YoY

Active Inventory

107
-2.7% YoY

Median DOM

52 Days
+14.4% YoY

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The Greenfield, MA market is currently very competitive, driven by a pending ratio of 0.90, indicating robust demand absorption relative to available supply. This strong demand occurs despite a 5.6% year-over-year decline in the median listing price, suggesting a market where buyers are actively engaging with current price levels.

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.

Active listings have remained relatively stable with a 2.7% year-over-year contraction, while new listings have decreased by 18.8% over the past year, contributing to tighter inventory conditions. Demand indicators show a significant shift, with the pending ratio increasing by 74.3% year-over-year. Median days on market extended by 14.4% year-over-year, but the elevated pending ratio suggests that properties are still moving efficiently once an offer is accepted.

Historical Analysis

Market Trends

Median Price

$449K+1.0% MoM

Active Inventory

107-2.7% YoY

Days on Market

52+14.4% YoY

Sold Score™

86+74.3% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

86
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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 high pending ratio suggests a rapid absorption of available inventory, placing pressure on the remaining supply. The pace of transactions is likely elevated, requiring swift engagement from prospective buyers. This environment generally necessitates price discipline, as strong demand may limit opportunities for significant negotiation.

Luxury Segment

Average listing prices have declined by 8.2% year-over-year, outpacing the 5.6% year-over-year drop in median listing prices. Concurrently, median $/sqft has decreased by 6.8% over the past year. This divergence, coupled with the average price decline, suggests some softening in the higher-priced segments of the market.

Supply Dynamics

107 active listings represent the current floor, with new supply arriving at roughly 52 per month.

Pricing Pressure
13.7%

of active listings carry a price reduction, -4.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -6.8% year-over-year.

Absorption
0.90

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Greenfield, MA? Homes here are taking 7 days longer to sell than last year.

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
90%
Median Days on Market
52 days
Inventory YoY
−3%

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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