Is Norton, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Norton has remained a Seller's Market.
Housing Prices in Norton, MA
How much do homes in Norton, MA cost?
Median Sold Price
$526,000
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Norton was $526,000 in February 2024, up 12.8% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $270K | $210K | -22.2% |
2 Bedrooms | $360K | $362K | +0.6% |
3 Bedrooms | $491K | $550K | +12.0% |
4 Bedrooms | $649.9K | $750K | +15.4% |
5+ Bedrooms | $734.5K | $817.5K | +11.3% |
Summary: Norton housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.2%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 11.3%.
Median Sold Price Compared To Nearby Cities
South Easton | $450K | $515K | +14.4% |
Norton | $466.2K | $526K | +12.8% |
Mansfield | $580.7K | $650K | +11.9% |
Easton | $560K | $595K | +6.3% |
Taunton | $450K | $460.5K | +2.3% |
Housing Supply in Norton, MA
How many homes are available in Norton, MA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
39 | 36 | -7.7% |
Summary: The Norton real estate market had 36 homes for sale in February 2024, a 7.7% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 6 | -33.3% |
3 Bedrooms | 10 | 15 | +50.0% |
4 Bedrooms | 16 | 11 | -31.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Norton housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
8 | 14 | +75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Norton in February 2024, up by 75.0% month-over-month. Of the 14 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
38 Days | 42 Days | +11.5% |
Summary: Homes in Norton had an average of 42 days on market in Feb 2024, up by 11.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 14 homes were sold in Norton; 50% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.