Is Foxborough, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$664,000
$323/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Foxborough have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in Foxborough was $664,000 in June 2024, up 10.7% from last year, and the median price per square foot was $323.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $341.2K | $199.9K | -41.4% |
| 2 Bedrooms | $470K | $455.5K | -3.1% |
| 3 Bedrooms | $585K | $621K | +6.2% |
| 4 Bedrooms | $735K | $805K | +9.5% |
| 5+ Bedrooms | $715K | $935K | +30.8% |
Summary: Foxborough housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.4%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 30.8%.
Housing Supply in Foxborough, MA
How many homes are available in Foxborough, MA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 45 | 37 | -17.8% |
Summary: The Foxborough real estate market had 37 homes for sale in June 2024, a 17.8% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 18 | 15 | -16.7% |
| 4 Bedrooms | 18 | 17 | -5.6% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Foxborough housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 42.9%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Foxborough, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Foxborough in June 2024, down by 26.7% month-over-month. Of the 11 sold homes, 18% were sold under asking, 9% were sold at asking, and 73% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 37 Days | 14 Days | -61.9% |
Summary: Homes in Foxborough had an average of 14 days on market in Jun 2024, down by 61.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Foxborough are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 11 homes were sold in Foxborough; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
