#73327302, Joseph Delaney, Listing Office: Keller Williams Realty Boston South West
Norfolk County Housing Market Report December 2024•Norfolk County, Massachusetts
Housing Prices in Norfolk County, MA
How much do homes in Norfolk County, MA cost?
Housing Market Conditions
Is Norfolk County, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Norfolk County is a Seller's Market
Difference Since December 2023
Since last year, Norfolk County has remained a Seller's Market.
Norfolk County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Norfolk County have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Norfolk County was $722,049 in December 2024, up 5.9% from last year, and the median price per square foot was $405.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Plymouth County | $560.3K | $611K | +9.1% |
Bristol County | $469.8K | $510.1K | +8.6% |
Norfolk County | $681.6K | $722K | +5.9% |
Middlesex County | $751.3K | $789.9K | +5.1% |
Suffolk County | $768.2K | $794.6K | +3.4% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $355K | $375K | +5.6% |
22 Bedrooms | $517.6K | $528.6K | +2.1% |
33 Bedrooms | $634.5K | $670K | +5.6% |
44 Bedrooms | $845K | $914.2K | +8.2% |
55+ Bedrooms | $1.3M | $1.5M | +19.0% |
Summary: Norfolk County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +5.6%. The home price for 2 bedroom homes increased by +2.1%. The home price for 3 bedroom homes increased by +5.6%. The home price for 4 bedroom homes increased by +8.2%. The home price for 5 bedroom homes increased by +19.0%.
Housing supply in Norfolk County, MA
How many homes are available in Norfolk County, MA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
1,242Last MonthDec 2024 | ||
1,6502 months agoNov 2024 | -24.7 % Change MoMNov – Dec |
Summary: The Norfolk County real estate market had 1,242 homes for sale in Dec 2024, a 24.7 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
481Last MonthDec 2024 | ||
4982 months agoNov 2024 | -3.4 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 67 | 59 | -11.9% |
22 Bedrooms | 345 | 258 | -25.2% |
33 Bedrooms | 550 | 402 | -26.9% |
44 Bedrooms | 436 | 335 | -23.2% |
55+ Bedrooms | 252 | 188 | -25.4% |
Summary: Norfolk County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -11.9%. The inventory for 2 bedroom homes decreased by -25.2%. The inventory for 3 bedroom homes decreased by -26.9%. The inventory for 4 bedroom homes decreased by -23.2%. The inventory for 5 bedroom homes decreased by -25.4%.
Asking Price vs. Sold Price
How much do homes in Norfolk County, MA cost?
Over Asking Price222 Homes
At Asking Price59 Homes
Under Asking Price200 Homes
If you're buying a home in Norfolk County, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 481 homes were sold or pending in Norfolk County in December 2024, down by 3.4% month-over-month. Of the 481 sold homes, 42% were sold under asking, 12% were sold at asking, and and 46% were sold over asking.
Days on Market for Norfolk County, MA
How long does it take to sell a home in Norfolk County, MA?
Breakdown of Home Sale Times
Under 30 Days299 Homes
30 – 90 Days154 Homes
Over 90 Days28 Homes
Many homes in Norfolk County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 481 homes were sold in Norfolk County; 62% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
33 DaysThis YearDec 2024 | ||
34 Days1 year agoDec 2023 | -2.2 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Norfolk County had an average listing age of 33 days in Dec 2024, down by 2.2% compared to the previous year.
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Newest Listings in Norfolk County, MA
What homes are available in Norfolk County, MA?
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., and Rhode Island State Wide MLS for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.