$8,905 Closing Credit*
$749,900
1,266 SqFt
3 Beds
•2 Full Baths
#73308063, Emily Haddad, Listing Office: Compass
Is Norton, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Norton has remained a Seller's Market.
Key Takeaway
Norton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Norton, MA
How much do homes in Norton, MA cost?
Median Sold Price
$530,000
$304/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$30,000(+6.0%)
Key Takeaway
Homes in Norton have sold for 6% more than they did a year ago.
Summary: The median home sold price in Norton was $530,000 in September 2024, up 6% from last year, and the median price per square foot was $304.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $320K | +33.3% |
| 2 Bedrooms | $361K | $387.4K | +7.3% |
| 3 Bedrooms | $530K | $538K | +1.5% |
| 4 Bedrooms | $735K | $745K | +1.4% |
| 5+ Bedrooms | $780K | $817.5K | +4.8% |
Summary: Norton housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 4.8%.
Median Sold Price Compared To Nearby Cities
| South Easton | $496K | $544.9K | +9.9% |
| Easton | $583.3K | $638K | +9.4% |
| Mansfield | $625K | $665K | +6.4% |
| Norton | $500K | $530K | +6.0% |
| Taunton | $450K | $475K | +5.6% |
Housing Supply in Norton, MA
How many homes are available in Norton, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 46 | 54 | +17.4% |
Summary: The Norton real estate market had 54 homes for sale in September 2024, a 17.4% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 10 | 17 | +70.0% |
| 3 Bedrooms | 19 | 18 | -5.3% |
| 4 Bedrooms | 12 | 16 | +33.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Norton housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 70%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 11 | 20 | +81.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Norton, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in Norton in September 2024, up by 81.8% month-over-month. Of the 20 sold homes, 25% were sold under asking, 15% were sold at asking, and 60% were sold over asking.
Days on Market for Norton, MA
How long does it take to sell a home in Norton, MA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 9 Days | 18 Days | +108.9% |
Summary: Homes in Norton had an average of 18 days on market in Sep 2024, up by 108.9% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Norton are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 20 homes were sold in Norton; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
