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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Norton is a seller's market

Buyer's
Market

Difference Since July 2021

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.

How much do homes in Norton, MA cost?

Median Sold Price

$460,000

$277/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$47,000(+11.4%)

Key Takeaway

Homes in Norton have sold for 11.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $232.5K$227.4K
-2.2%
2 $292.7K$353K
+20.6%
3 $425K$482K
+13.4%
4 $580K$622.9K
+7.4%
5+ $700K$615K
-12.1%

Median Sold Price Compared To Nearby Cities

South Easton
+28.7%
Easton
+13.2%
Attleboro
+12.6%
Norton
+11.4%
Mansfield
+5.1%

How many homes are available in Norton, MA?

Number of Homes For Sale

Jun 2022Jul 2022%
8466-21.4%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 11
0.0%
2 2413
-45.8%
3 3127
-12.9%
4 2222
0.0%
5+ 63
-50.0%

Number of Homes Sold

Jun 2022Jul 2022%
2127+28.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Norton, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.

Average Sale Time

Jul 2021Jul 2022%
17 Days18 Days+5.3%

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Norton, MA

There are 66 homes are for sale in Norton, MA real estate market. The number of listings in Norton, MA decreased by 21.4% between June 2022 and July 2022. In July 2022 median list price was $460,000 and the average listing age was 18 days. This housing market listing prices have changed between June 2022 and July 2022: prices of 1 bedroom properties went down by 2.2%, 2 bedrooms properties prices increased by 20.6%, the cost of 3 bedrooms properties went up by 13.4%, prices of 4 bedrooms properties increased by 7.4%, 5 bedrooms properties prices decreased by 12.1%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes decreased by 45.8%, volume of 3 bedrooms homes went down by 12.9%, 4 bedrooms homes did not move, 5 bedrooms homes inventory decreased by 50%. Norton, MA housing market in July 2022 saw over 21 listings sold above listed price, more than 3 sold at listed price and over 3 sold below.

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