Is Norwell, MA 02061 a buyer’s or seller’s market?

The Norwell housing market right now

In the three months ending August 31, 2026, 50% of homes in Norwell, MA 02061 sold above their list price, the typical home went under contract in 20 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 56 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 54%, homes sold more slowly (15 days then) and the median sale price fell 17% to $969,580. Overall, Norwell is less competitive than a year ago, which gives buyers more room.

Within Plymouth County, homes here sell faster than in 71% of the county’s ZIP codes, and sell more often over asking than in 52%. On our competition score, Norwell ranks #103 of 362 MA ZIP codes with enough sales (score 88 out of 100).

Nearby, buyers who want less competition could look at Hull 02045 (11% sold over asking) or Marion 02738 (13% sold over asking), while Monponsett 02350 (100% sold over asking) and East Wareham 02538 (69% sold over asking) are even more competitive.