Is Taunton, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$470,000
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
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 $470,000 in April 2024, up 4.4% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $179.4K | $215K | +19.8% |
| 2 Bedrooms | $320K | $330K | +3.1% |
| 3 Bedrooms | $440K | $460.9K | +4.8% |
| 4 Bedrooms | $480K | $530K | +10.4% |
| 5+ Bedrooms | $567.5K | $625.2K | +10.2% |
Summary: Taunton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.8%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 10.2%.
Median Sold Price Compared To Nearby Cities
| East Taunton | $432.5K | $475K | +9.8% |
| Raynham | $510K | $550K | +7.8% |
| Taunton | $450K | $470K | +4.4% |
| Berkley | $562.5K | $564.5K | 0.4% |
Housing Supply in Taunton, MA
How many homes are available in Taunton, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 123 | 124 | +0.8% |
Summary: The Taunton real estate market had 124 homes for sale in April 2024, a 0.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 21 | 30 | +42.9% |
| 3 Bedrooms | 54 | 48 | -11.1% |
| 4 Bedrooms | 24 | 23 | -4.2% |
| 5+ Bedrooms | 20 | 18 | -10.0% |
Summary: The Taunton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 42.9%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 45 | 33 | -26.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Taunton, you could pay more than the asking price. 81.8% of homes here sold above asking price last month.
Summary: A total of 33 homes were sold or pending in Taunton in April 2024, down by 26.7% month-over-month. Of the 33 sold homes, 3% were sold under asking, 15% were sold at asking, and 82% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 42 Days | 26 Days | -37.8% |
Summary: Homes in Taunton had an average of 26 days on market in Apr 2024, down by 37.8% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Taunton are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 33 homes were sold in Taunton; 76% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
