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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Taunton is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Taunton has remained a Seller's Market.

Key Takeaway

Taunton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Taunton, MA

How much do homes in Taunton, MA cost?

Median Sold Price

$475,250

$288/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,533(+4.3%)

Key Takeaway

Homes in Taunton have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Taunton was $475,250 in November 2024, up 4.3% from last year, and the median price per square foot was $288.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $203K$227K
+11.8%
2 $332K$337K
+1.5%
3 $450K$475K
+5.6%
4 $515K$543K
+5.4%
5+ $599.9K$650K
+8.4%

Summary: Taunton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.8%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 8.4%.

Median Sold Price Compared To Nearby Cities

Raynham
+12.7%
Berkley
+10.8%
North Dighton
+8.8%
East Taunton
+5.5%
Taunton
+4.3%

Housing Supply in Taunton, MA

How many homes are available in Taunton, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
161151-6.2%

Summary: The Taunton real estate market had 151 homes for sale in November 2024, a 6.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 44
0.0%
2 1721
+23.5%
3 8267
-18.3%
4 2528
+12.0%
5+ 3331
-6.1%

Summary: The Taunton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.5%, 3 bedroom homes decreased by 18.3%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 6.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4346+7.0%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

27 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Taunton, you could pay more than the asking price. 58.7% of homes here sold above asking price last month.

Summary: A total of 46 homes were sold or pending in Taunton in November 2024, up by 7.0% month-over-month. Of the 46 sold homes, 35% were sold under asking, 7% were sold at asking, and 59% were sold over asking.

Days on Market for Taunton, MA

How long does it take to sell a home in Taunton, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days27 Days+21.2%

Summary: Homes in Taunton had an average of 27 days on market in Nov 2024, up by 21.2% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 46 homes were sold in Taunton; 70% of homes were sold within 30 days, 30% 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 3 Days Ago

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