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 November 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

$307/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+2.9%)

Key Takeaway

Homes in Norton have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Norton was $530,000 in November 2024, up 2.9% from last year, and the median price per square foot was $307.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $240K$332.5K
+38.5%
2 $365K$390K
+6.8%
3 $550K$535.5K
-2.6%
4 $735K$765K
+4.1%
5+ $775K$837.5K
+8.1%

Summary: Norton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.5%, 2 bedroom homes increased by 6.8%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 8.1%.

Median Sold Price Compared To Nearby Cities

South Easton
+19.6%
Easton
+8.4%
Mansfield
+6.9%
Taunton
+4.3%
Norton
+2.9%

Housing Supply in Norton, MA

How many homes are available in Norton, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5950-15.3%

Summary: The Norton real estate market had 50 homes for sale in November 2024, a 15.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 2019
-5.0%
3 2014
-30.0%
4 1615
-6.3%
5+ 22
0.0%

Summary: The Norton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1416+14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

9 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. 56.3% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in Norton in November 2024, up by 14.3% month-over-month. Of the 16 sold homes, 31% were sold under asking, 13% were sold at asking, and 56% 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

Nov 2023Nov 2024CHANGE
21 Days21 Days0.1%

Summary: Homes in Norton had an average of 21 days on market in Nov 2024, up by 0.1% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

4 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.

Summary: During November 2024, 16 homes were sold in Norton; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 Norton, MA

Nearby Markets to Norton, MA

What housing markets are near Norton, MA?