Plum Island Real Estate

As of January 2025, home prices in Plum Island experienced a notable decline, dropping 15.5% year-over-year to a median price of $820K. The market also saw a slowdown in activity, with only five homes sold this January compared to seven sales during the same month last year. This dip in both pricing and sales volume could suggest shifting buyer demand, changing market conditions, or seasonal fluctuations affecting the area's real estate trends.

Plum Island's real estate market remains somewhat competitive, with homes typically selling in 28 days. While some properties attract multiple offers, the average home sells for approximately 3% below the list price before going under contract in about 28 days. However, hot homes—those in high demand—can sell at or near the asking price and go pending in as little as 18 days, reflecting stronger buyer interest in select properties.

Buying a home in Plum Island, MA, offers a unique blend of coastal charm, natural beauty, and a relaxed lifestyle, making it an ideal choice for both year-round living and vacation homes. With its stunning ocean views, sandy beaches, and proximity to Newburyport’s vibrant dining and shopping scene, Plum Island provides a perfect balance of tranquility and convenience. The real estate market, while somewhat competitive, presents opportunities to purchase homes at prices that have recently softened, making it an attractive time for buyers. Whether you're looking for a waterfront retreat, an investment property, or a peaceful community with access to outdoor recreation like boating, fishing, and wildlife watching, Plum Island is a hidden gem with undeniable appeal.