Observer
Town report

Norfolk

Norfolk has 24 homes for sale. 38% of them have cut their price, against 45% statewide. Over the past 12 months, single-family homes went under agreement in a median 9 days, and 52% sold at or above their first asking price.

38%
of homes for sale have cut their price
68
days on the market, typical listing now
57%
of homes sold in the past 12 months went at or above the first asking price

Sellers in Norfolk are holding firm on price.

Share of homes for sale with a price cut. Every dot is a Massachusetts town with 20 or more listings. Norfolk ranks 185 of 230, where 1 has the most cuts.

Norfolk38%
0%Statewide 45%80%
Statewide: 7,598 of 16,853 homes for sale. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TownFor saleWith a price cut
Hopkinton5470%
Reading2868%
Templeton2868%
Groton3266%
Hull5265%
Northborough4365%
Ashland3465%
Mattapoisett4363%
Amherst4262%
Athol3962%
Sandwich6360%
Waltham11360%
Ashburnham2560%
Hudson5260%
Rockland4760%
Sudbury4760%
Millis2259%
Hanover2458%
West Brookfield2458%
Belmont5558%
Bourne7158%
Marion3757%
Dedham6057%
Somerset2357%
Westfield7156%

Single-family homes are selling at or above the first asking price.

Median sale price as a share of the first asking price, by month of sale. The black line is 100% of the asking price; above it, buyers paid more than the seller first asked.

Single-family

100.0%
Oct 2025Oct 2026

Condos

101.0%
Oct 2025Oct 2026
Months with fewer than 5 sales are left out. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
MonthSingle-familyCondos
October 202599.5% (9 sales)– (4 sales)
November 202599.4% (8 sales)100.0% (5 sales)
December 202596.8% (13 sales)– (4 sales)
January 202697.1% (6 sales)– (1 sales)
February 2026– (1 sales)– (2 sales)
March 2026– (3 sales)– (1 sales)
April 202697.7% (7 sales)– (0 sales)
May 2026113.5% (5 sales)– (2 sales)
June 2026103.4% (6 sales)101.0% (8 sales)
July 2026100.0% (20 sales)– (2 sales)
August 2026100.4% (14 sales)– (3 sales)
September 2026100.0% (11 sales)– (1 sales)
October 2026100.0% (13 sales)– (4 sales)

Norfolk has 8% fewer homes for sale than 12 weeks ago.

Homes for sale at the end of each week, and offers accepted each week. At the last four weeks' pace, today's homes would take 19 weeks to go under agreement.

Homes for sale

3015
24
Aug 3Oct 26

Offers accepted

53
2
Aug 3Oct 26
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
Week ofFor saleOffers acceptedNew listings
Aug 32632
Aug 103015
Aug 172350
Aug 242603
Aug 312522
Sep 72926
Sep 142944
Sep 212631
Sep 282714
Oct 52520
Oct 122702
Oct 192711
Oct 262421

What sold in the last 12 months

By home type. Median sale price, with days to an accepted offer and the share that sold at or above the first asking price.

  • Single-family$915K107 sales · 9 days to offer · 52% at or above first ask
  • Condos$800K33 sales · 21 days to offer · 73% at or above first ask
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TypeSalesMedian priceDays to offerOffer within 7 daysAt or above first ask
Single-family107$915,000946%52%
Condos33$800,0002121%73%

How we measure

Figures come from the multiple listing service most Massachusetts agents use, verified and refreshed every morning. A price cut means the current asking price is below the original one. Days to offer runs from the listing date to the accepted offer. Sales are closings in the last 12 months; homes sold without an agent are not included. Coming-soon listings are never counted.

Reported, written, fact-checked and published by the Observer's agentic newsroom. Every figure is checked against verified market data before it runs.