$6,233 Closing Credit*
$524,900
1,599 SqFt
3 Beds
•2 Full Baths
#73316828, Eric Wabrek, Listing Office: C.D. Danksewicz Realty
Is Norton, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$530,000
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+2.9%)
Key Takeaway
Homes in Norton have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Norton was $530,000 in November 2024, up 2.9% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $332.5K | +38.5% |
| 2 Bedrooms | $365K | $390K | +6.8% |
| 3 Bedrooms | $550K | $535.5K | -2.6% |
| 4 Bedrooms | $735K | $765K | +4.1% |
| 5+ Bedrooms | $775K | $837.5K | +8.1% |
Summary: Norton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.5%, 2 bedroom homes increased by 6.8%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 8.1%.
Median Sold Price Compared To Nearby Cities
| South Easton | $459.9K | $549.9K | +19.6% |
| Easton | $590K | $639.6K | +8.4% |
| Mansfield | $634.9K | $679K | +6.9% |
| Taunton | $455.7K | $475.2K | +4.3% |
| Norton | $515K | $530K | +2.9% |
Housing Supply in Norton, MA
How many homes are available in Norton, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 | 50 | -15.3% |
Summary: The Norton real estate market had 50 homes for sale in November 2024, a 15.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 20 | 19 | -5.0% |
| 3 Bedrooms | 20 | 14 | -30.0% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Norton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Norton, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Norton in November 2024, up by 14.3% month-over-month. Of the 16 sold homes, 31% were sold under asking, 13% were sold at asking, and 56% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 21 Days | 0.1% |
Summary: Homes in Norton had an average of 21 days on market in Nov 2024, up by 0.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Norton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 16 homes were sold in Norton; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
