The typical home value in
Plum Island
is projected to be
$936,250
for the month of
March.
February’s
finalized data reported the typical value of a home in the
neighborhood
to be
$947,000—down
21.08%
over the previous 12 months.
For comparison,
city-level
data pegged home values at
$857,250
in
Newburyport
for the most recent reporting period.
That number is expected to float around
$861,380
in
March.
Plum Island
had
4
new listings and
2
listings that went under contract in
February,
decreasing
the area’s total available inventory to
5—down
16.67%
from the previous month. Inventory is projected to have further
decreased
in
March.
The median listing price for homes in
Plum Island
fell
0.18%
from
January
to
February,
bringing the current median listing price to
$1,097,500.
Based on projected data for
March,
listing prices may continue to
fall.
The number of days that homes have been on the market prior to going under contract
rose
year-over-year. In
February 2026,
the median time for a listed property to go pending was
17
days, compared to
-74
days in
February 2025.
In recent months the median number of days from listed to pending appears to be steady.
That trend is predicted to have carried through to this
March.
