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 October 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

$475,000

$286/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,166(+4.4%)

Key Takeaway

Homes in Taunton have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in Taunton was $475,000 in October 2024, up 4.4% from last year, and the median price per square foot was $286.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $203K$221.7K
+9.2%
2 $335K$332.5K
-0.7%
3 $450K$475K
+5.6%
4 $500K$540K
+8.0%
5+ $582K$650.5K
+11.8%

Summary: Taunton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.2%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 11.8%.

Median Sold Price Compared To Nearby Cities

Raynham
+17.6%
Berkley
+11.6%
North Dighton
+9.6%
East Taunton
+5.0%
Taunton
+4.4%

Housing Supply in Taunton, MA

How many homes are available in Taunton, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
158156-1.3%

Summary: The Taunton real estate market had 156 homes for sale in October 2024, a 1.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 53
-40.0%
2 1615
-6.3%
3 7577
+2.7%
4 2625
-3.8%
5+ 3636
0.0%

Summary: The Taunton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4439-11.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 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. 69.2% of homes here sold above asking price last month.

Summary: A total of 39 homes were sold or pending in Taunton in October 2024, down by 11.4% month-over-month. Of the 39 sold homes, 18% were sold under asking, 13% were sold at asking, and 69% 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

Oct 2023Oct 2024CHANGE
24 Days21 Days-10.9%

Summary: Homes in Taunton had an average of 21 days on market in Oct 2024, down by 10.9% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

9 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 October 2024, 39 homes were sold in Taunton; 77% of homes were sold within 30 days, 23% 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

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