Norfolk County MA Real Estate Market Trends & Insights

By: Amanda George, Realtor, George Group Boston| Lamacchia Realty | Norfolk County MA real estate market trends

Current Market Snapshot (Mid-2025)

• Median Home Value: ~$769,000, showing modest YoY growth

• Median Sale Price: $790,000, up more than 5% year-over-year

• Days on Market: 20 days, slightly longer than last year

• Sale-to-List Price Ratio: ~101.6%, with many homes selling above asking

• Average Rent: ~$3,000/month, significantly higher than national averages

The Norfolk County MA real estate market trends highlight a resilient suburban market, where price growth continues and homes remain competitive despite slightly longer timelines.

Mid-Year Activity in 2025

• Home sales and deed recordings are up compared to 2024

• Mortgage activity is also rising, signaling strong buyer demand

• Inventory has improved modestly, giving buyers more options

• Price appreciation remains healthy in commuter-friendly towns like Quincy, Dedham, and Needham

Overall, Norfolk County shows a healthy balance between demand, inventory, and price growth.

5-Year Housing Forecast (2025–2029)

Year	Projected Annual Growth
2025	3.4%
2026	3.7%
2027	3.9%
2028	4.1%
2029	4.3%

The Norfolk County MA 5-Year Housing Forecast points to steady appreciation fueled by suburban demand, strong schools, and limited new construction. Cumulative growth of 19–20% is expected by 2029.

Smart Tips for Buyers, Sellers & Investors

• Buyers: Inventory is slowly improving—be ready to act quickly in towns with easy commuter access.

• Sellers: Highlight lifestyle features like school quality, transit, and community amenities to attract strong offers.

• Investors: Multi-family properties and condos near transit remain strong long-term plays, especially with steady rent growth.

Why Norfolk County Stays Strong

Norfolk County is home to desirable communities like Brookline, Quincy, Dedham, and Needham. With excellent schools, commuter access, and a mix of historic and new homes, demand remains consistently high. Limited land for new development helps protect values, ensuring stable growth.

Conclusion & Next Steps

The Norfolk County MA real estate market trends show a steady, competitive environment supported by strong demand and limited supply. The 5-Year Housing Forecast projects consistent growth, making Norfolk County one of the most stable markets in Greater Boston.

📞 Ready to explore Norfolk County real estate?

Let’s connect: georgegroupboston@gmail.com | www.georgegroupboston.com

Sources

Redfin – Norfolk County housing market data (2025)Zillow – Home value and rent trends for Norfolk CountyLamacchia Realty – Mid-year review of Norfolk County housing activityMilton Scene – Registry of Deeds market activity reports (2025)