Is Foxborough, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Foxborough is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Foxborough has remained a Seller's Market.

Key Takeaway

Foxborough is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Foxborough, MA

How much do homes in Foxborough, MA cost?

Median Sold Price

$657,000

$327/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$57,000(+9.5%)

Key Takeaway

Homes in Foxborough have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Foxborough was $657,000 in February 2024, up 9.5% from last year, and the median price per square foot was $327.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $341.2K-
N/A
2 $460K$545K
+18.5%
3 $580K$585K
+0.9%
4 $807.5K$780K
-3.4%
5+ $660K$1.1M
+66.7%

Summary: Foxborough housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 66.7%.

Median Sold Price Compared To Nearby Cities

Mansfield
+11.9%
Foxborough
+9.5%
Foxboro
+9.5%
Sharon
+1.3%

Housing Supply in Foxborough, MA

How many homes are available in Foxborough, MA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1825+38.9%

Summary: The Foxborough real estate market had 25 homes for sale in February 2024, a 38.9% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 13
+200.0%
3 87
-12.5%
4 813
+62.5%
5+ 01
+100.0%

Summary: The Foxborough housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Foxborough, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Foxborough in February 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Foxborough, MA

How long does it take to sell a home in Foxborough, MA?

Average Sale Time

Feb 2023Feb 2024CHANGE
26 Days45 Days+75.0%

Summary: Homes in Foxborough had an average of 45 days on market in Feb 2024, up by 75% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Foxborough are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 6 homes were sold in Foxborough; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Foxborough, MA

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