Bourne, MA Real Estate Market Report

Bourne sits where the Cape Cod Canal meets Buzzards Bay, and tracking the houses for sale in Bourne matters because seasonal demand, waterfront premiums, and regional employment patterns shape pricing and inventory in ways that differ from typical suburban metros. This Bourne Market Report pulls together the latest pricing, sales, and value trends so you can see how list and sale prices, inventory, days on market, and value changes are moving year to date.

What is the Current State of the Bourne Real Estate Market?

Through mid-2025 the houses in Bourne shows signs of a market shifting from the hyper-competitive conditions of 2021–2022 toward something more balanced. Zillow reports a median sale price of $583,150 as of May, and the platform’s ZHVI shows modest year-over-year value changes for the town. Redfin and Realtor snapshots for summer 2025 show similar themes: fewer multiple-offer situations than the COVID peak, longer marketing times on average, and an increase in the share of listings that see a price reduction in the past 12 months 

Inventory has been seasonally influenced. Spring listings peaked as usual, then leveled into summer; pockets of waterfront and updated single-family homes still move quickly, while smaller cottages and older inventory are taking longer to sell. Overall this YTD activity points toward a market where timing and pricing matter more than they did in the seller-favored years immediately after the pandemic.

Average List Price

Median list prices reported for Bourne in mid-2025 sit in the mid-to-upper $600k band on major listing aggregators; Zillow shows a median list price near $680,000 as of late June. The median list price varies by village and zip code, with waterfront neighborhoods such as Sagamore and Buzzards Bay driving the higher end of the range.

Sellers in well-presented waterfront and updated ranch or colonial homes continue to command premium list positions; however, the broader market now shows a wider range of list prices and an increased number of price adjustments compared with the low-inventory period of 2021–2022.

Average Sales Price

Average sales prices YTD are slightly lower than peak asking trends from the past two years but remain historically elevated relative to pre-2020 levels. Zillow’s median sale figure of $583,150 for May provides a useful anchor for recent closings in the town. Local MLS monthly reports and Realtor summaries for summer show median sold prices clustered around the high $500ks to low $600ks depending on village and property type.

Buyers able to move quickly and offer strong, clean contracts are still finding the best results; for many buyers the ability to present a competitive offer ties directly to timing and financing certainty.

Number of Homes Listed

Listing counts change daily, but public aggregator snapshots reported roughly 120 to 140 active listings in Bourne during the late June to July 2025 window, with new listings entering the market weekly in most market segments . Inventory has increased modestly year over year across Cape Cod, which gives buyers more choice but also increases the time to sell for properties that are not competitively priced or properly staged.

Expect listing counts to climb in spring and early summer and then taper slightly as the market moves into the fall. Waterfront parcels tend to be listed in late spring after seasonal maintenance and inspections.

Number of Homes Sold

Transaction velocity slowed from the frenetic pace of 2020–2022. YTD home sales for Bourne show a lower count compared with the peak years; local brokerage rollups indicated single-digit to low-double-digit closed transactions per month in small towns like Bourne during mid-2025, with the total annualized sales volume below 2021 levels . In practical terms this means buyers and sellers should plan for a marketplace where individual home characteristics drive outcomes more than broad market momentum.

Average Days on Market

Days on market moved higher in 2025 compared with the rapid sale cycles of the pandemic market. Zillow shows a typical pending period around 24 days in mid-2025 for Bourne properties, while Redfin reports median days on market in the mid-20s for many Bourne zip codes in the summer. Expect days on market to vary by neighborhood; desirable waterfront and extensively renovated homes still clear faster, sometimes under two weeks, while older or competitively priced-but-less-updated listings can sit longer.

Price Drops

The share of listings that see at least one price reduction rose this year, consistent with broader Cape Cod indicators that show more price changes year over year. The Cape Cod regional market noted an uptick in price adjustments and a decline in the percentage of homes selling over asking price in mid-2025 compared with 2024. Sellers should factor the higher probability of a price correction into initial pricing and time-on-market expectations.

How Have House Values Changed in Bourne?

In recent years, Bourne’s housing market has shifted from the fast gains of the pandemic era to a steadier, more balanced pace.

One-Year Change

One-year value change for Bourne through mid-2025 is modestly positive. Zillow’s one-year change metric indicated small gains in the single digits as of June, reflecting a market that has stabilized after sharp increases earlier in the decade.

Three-Year Change

Over a three-year window Bourne continues to show meaningful appreciation compared with pre-pandemic levels, although the annualized rate has slowed from the frenetic 2020–2022 years. Regional reports and ZHVI slices show cumulative growth over three years that remains positive, driven largely by constrained coastal supply and steady demand for year-round and seasonal homes.

Five-Year Change

Five-year changes highlight significant aggregate appreciation versus 2020. Buyers looking back five years will generally see that median values have advanced substantially, though the pace of change has decelerated recently.

Ten-Year Change

Over ten years Bourne has experienced clear long-term appreciation shaped by Cape Cod desirability, limited developable land in key villages, and consistent appeal of waterfront access. Ten-year measures smooth short-term volatility and reinforce that long-term owners benefited from steady nominal appreciation.

How Are Mortgage Rates?

Mortgage rates are still the biggest swing factor in what buyers can afford this year. In early October 2025, the typical 30-year fixed loan sat in the mid-6 percent range, drifting up or down a bit from week to week according to the usual market surveys. Looking ahead, most economists see rates inching rather than lurching in either direction, though a few predict a gentle drop if inflation cools and the Fed signals more cuts.

For buyers and sellers the implication is clear. Even small rate movements can change monthly payment math and buyer purchasing power, which in turn affects how aggressively buyers price offers and how long sellers should expect their listings to remain on market.

Do the Market Trends Favour Buyers or Sellers?

Mid-2025 data point toward a market that is more balanced than last year and the height of the seller’s market in 2021–2022. Snapshots and local broker reports classify Bourne as leaning balanced to mildly seller-favored in pockets where inventory remains tight, especially for move-in-ready waterfront homes. 

This mixed character means strategy matters. Sellers who price competitively, stage well, and present strong home inspections tend to achieve top results. Buyers who come with pre-approval, flexibility on closing timelines, and readiness to move quickly when a well-priced home appears will be in the strongest position.

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