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 December 2023

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.

Housing Prices in Norton, MA

How much do homes in Norton, MA cost?

Median Sold Price

$538,000

$305/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$23,000(+4.5%)

Key Takeaway

Homes in Norton have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in Norton was $538,000 in December 2024, up 4.5% from last year, and the median price per square foot was $305.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $240K$332.5K
+38.5%
2 $362K$399.5K
+10.4%
3 $545K$547.5K
0.5%
4 $750K$765K
+2.0%
5+ $780K$837.5K
+7.4%

Summary: Norton housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.5%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 7.4%.

Median Sold Price Compared To Nearby Cities

South Easton
+10.0%
Easton
+8.4%
Taunton
+5.1%
Norton
+4.5%
Mansfield
-0.1%

Housing Supply in Norton, MA

How many homes are available in Norton, MA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5335-34.0%

Summary: The Norton real estate market had 35 homes for sale in December 2024, a 34.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 2011
-45.0%
3 1612
-25.0%
4 1511
-26.7%
5+ 21
-50.0%

Summary: The Norton housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 45%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1617+6.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 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. 41.2% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in Norton in December 2024, up by 6.3% month-over-month. Of the 17 sold homes, 29% were sold under asking, 29% were sold at asking, and 41% 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

Dec 2023Dec 2024CHANGE
25 Days42 Days+66.9%

Summary: Homes in Norton had an average of 42 days on market in Dec 2024, up by 66.9% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was 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.

Summary: During December 2024, 17 homes were sold in Norton; 59% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 6% 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

Newest Listings in Norton, MA

Nearby Markets to Norton, MA

What housing markets are near Norton, MA?