Search homes for sale in Norwell, known for its rural charm dotted with country roads, an active dairy farm, corn fields and ball fields
The Norwell housing market is among the most competitive in the region, with strong buyer demand continuing to drive activity. Last month, the median home price rose to $1.2M, marking a 5.6% increase from the previous year—a sign of sustained interest and market confidence. While the median price per square foot dipped slightly by 0.37% to $407, this minor fluctuation likely reflects variations in home size or property type rather than a decline in value. Overall, Norwell remains a high-demand market, especially for well-located and move-in-ready homes.
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In May 2025, Norwell's housing market showed continued strength, with the median home price rising 5.6% year-over-year to $1.2M. Homes are selling at a steady pace, averaging 19 days on the market—nearly unchanged from 18 days last year—indicating consistent buyer demand. Sales activity also increased, with 11 homes sold this May compared to 8 during the same period last year. This combination of rising prices, stable days on market, and growing transaction volume highlights a competitive and healthy market environment, particularly for well-priced and move-in-ready homes.
Norwell is one of the most competitive markets in the area, with homes typically going pending in just 14 days. Most listings receive multiple offers, and it's common for buyers to waive contingencies to strengthen their bids. On average, homes sell for about 2% above list price, reflecting strong demand and limited inventory. The most sought-after properties—especially those that are turnkey or in premium locations—can sell for up to 5% over asking and go under contract in as little as 9 days. Buyers should be prepared to move quickly and act decisively, while sellers can expect strong interest and favorable terms.
As of June 2025, Norwell, MA is a seller’s market, meaning buyer demand exceeds the number of homes available for sale. This supply-demand imbalance puts upward pressure on prices and creates competitive conditions where homes sell quickly, often with multiple offers. Sellers benefit from stronger negotiating power, while buyers need to act decisively and submit competitive bids to secure desirable properties.
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As of November 2023, the Norwell housing market is experiencing a notable upward trend. Home prices have increased by 9.3% compared to last year, with the median sale price now at $820,000. Homes in Norwell are selling more quickly than in the previous year, averaging 21 days on the market as opposed to 23 days last year. Additionally, there's been an increase in sales volume, with 15 homes sold in November 2023, up from 9 homes sold in the same month last year.
The Norwell housing market is moderately competitive. On average, homes in Norwell are selling in about 19 days. There is a tendency for some homes to receive multiple offers, indicating a healthy level of demand. Typically, homes sell for approximately their listed price and go pending within the same 19-day period. For homes that are particularly desirable, known as 'hot homes', they can sell for around 5% above the list price and may go pending more quickly, often in around 12 days. This indicates a dynamic market where well-positioned properties are in high demand.
Norwell, located in Plymouth County, is considered one of the best places to live in Massachusetts. It provides residents with a rural ambiance, which is a significant draw for those who prefer a more tranquil and nature-oriented lifestyle. The majority of Norwell residents own their homes, suggesting a stable and invested community. The abundance of parks in the area adds to its appeal, offering ample outdoor recreational opportunities. The town is also popular among retirees, indicating a peaceful and community-oriented environment. Politically, the residents of Norwell tend to have liberal views. Overall, Norwell is characterized by its quiet, park-rich setting and a strong sense of community, making it an attractive place for various demographics, including families and retirees.
Whether you are buying or selling a home on the South Shore, our goal is to provide you with the level of personal attention and services you need to ensure a smooth and successful real estate transaction.
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