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 July 2021

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.

How much do homes in Taunton, MA cost?

Median Sold Price

$425,000

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$61,826(+17.0%)

Key Takeaway

Homes in Taunton have sold for 17% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $171.2K$194K
+13.3%
2 $245K$274.5K
+12.0%
3 $378.7K$430K
+13.5%
4 $415K$469K
+13.0%
5+ $477K$535K
+12.2%

Median Sold Price Compared To Nearby Cities

Berkley
+18.2%
Taunton
+17.0%
East Taunton
+15.2%
Raynham
+11.9%
North Dighton
+8.6%

How many homes are available in Taunton, MA?

Number of Homes For Sale

Jun 2022Jul 2022%
236233-1.3%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 98
-11.1%
2 2523
-8.0%
3 101100
-1.0%
4 4646
0.0%
5+ 5556
+1.8%

Number of Homes Sold

Jun 2022Jul 2022%
4967+36.7%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

49 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. 73.1% of homes here sold above asking price last month.

Average Sale Time

Jul 2021Jul 2022%
18 Days18 Days-0.1%

Breakdown of Home Sale Times

59 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was 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.

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

About Taunton, MA

Number of homes for sale in Taunton, MA real estate market have reached 233. Between June 2022 and July 2022, Taunton, MA real estate market has seen decrease in the number of listings by 1.3%. In July 2022 median list price was $425,000 and the average listing age was 18 days. From June 2022 through July 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 13.3%, prices of 2 bedrooms properties increased by 12%, the cost of 3 bedrooms properties went up by 13.5%, prices of 4 bedrooms properties increased by 13%, prices of 5 bedrooms properties increased by 12.2%. Volume of homes for sale changed: 1 bedroom homes became 11.1% less available, volume of 2 bedrooms homes went down by 8%, the quantity of 3 bedrooms homes went down by 1%, volume of 4 bedrooms homes stayed the same, 5 bedrooms homes inventory increased by 1.8%. Taunton, MA housing market in July 2022 saw over 49 listings sold above listed price, more than 8 sold at listed price and over 10 sold below.

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