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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Foxborough is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Foxborough, MA

How much do homes in Foxborough, MA cost?

Median Sold Price

$679,900

$342/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$47,400(+7.5%)

Key Takeaway

Homes in Foxborough have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in Foxborough was $679,900 in October 2024, up 7.5% from last year, and the median price per square foot was $342.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $341.2K$263K
-22.9%
2 $450K$554.9K
+23.3%
3 $586K$623.8K
+6.5%
4 $775K$825.5K
+6.5%
5+ $714.4K$1.0M
+42.4%

Summary: Foxborough housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.9%, 2 bedroom homes increased by 23.3%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 42.4%.

Median Sold Price Compared To Nearby Cities

Foxborough
+7.5%
Foxboro
+7.5%
Mansfield
+6.1%
Sharon
+3.2%

Housing Supply in Foxborough, MA

How many homes are available in Foxborough, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4847-2.1%

Summary: The Foxborough real estate market had 47 homes for sale in October 2024, a 2.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1010
0.0%
3 1916
-15.8%
4 1518
+20.0%
5+ 32
-33.3%

Summary: The Foxborough housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1211-8.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Foxborough, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Foxborough in October 2024, down by 8.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 9% were sold at asking, and 55% were sold over asking.

Days on Market for Foxborough, MA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days25 Days+13.2%

Summary: Homes in Foxborough had an average of 25 days on market in Oct 2024, up by 13.2% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 11 homes were sold in Foxborough; 73% of homes were sold within 30 days, 27% 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 16 Days Ago

Newest Listings in Foxborough, MA

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