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 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

$473,000

$288/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$40,641(+9.4%)

Key Takeaway

Homes in Norton have sold for 9.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $249.9K$200K
-20.0%
2 $325K$359K
+10.5%
3 $441.2K$482K
+9.2%
4 $619.9K$599K
-3.4%
5+ $678.5K$610K
-10.1%

Median Sold Price Compared To Nearby Cities

South Easton
+30.9%
Taunton
+12.5%
Easton
+9.7%
Norton
+9.4%
Mansfield
+5.7%

How many homes are available in Norton, MA?

Number of Homes For Sale

Oct 2022Nov 2022%
7166-7.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 22
0.0%
2 1821
+16.7%
3 2929
0.0%
4 1810
-44.4%
5+ 44
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
20200.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 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. 45% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
40 Days28 Days-29.1%

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

7 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

Homes for sale in Norton, MA have reached 66. Between October 2022 and November 2022, Norton, MA real estate market has seen decrease in the number of listings by 7%. Listings spent 28 days on the market in November 2022, and had a median list price of $473,000 during the same period. This housing market listing prices have changed between October 2022 and November 2022: the cost of 1 bedroom properties went down by 20%, 2 bedrooms properties became 10.5% more expensive, the cost of 3 bedrooms properties went up by 9.2%, prices of 4 bedrooms properties went down by 3.4%, prices of 5 bedrooms properties went down by 10.1%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went up by 16.7%, volume of 3 bedrooms homes stayed the same, number of 4 bedrooms homes decreased by 44.4%, 5 bedrooms homes did not move. Over 9 listings were sold over their listed price in November 2022 in Norton, MA. In the same period over 8 listings were sold below the listed price and 3 listings were sold for the listed price.

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