Market Overview
Home Prices in Norwell, MA
The median home value in Norwell, MA is $1,090,196 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.8% compared to a year ago and up 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Norwell are priced166% above average. Norwell is part of the Boston-Cambridge-Newton, MA-NH metro area.
Over the past five years, Norwell home values have risen by approximately40.1%, reflecting strong long-term appreciation in this market.
Price History
Norwell Home Price Trend
City Comparison
Norwell vs. National Median
At $1,090,196, homes in Norwell cost 166% above the national median of $410,000. Buyers in Norwell should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Norwell?
20% Down Payment
$218,039
on $1,090,196
Monthly P&I
$5,686/mo
30-yr @ 6.8%
Total Monthly Est.
~$7,221/mo
incl. taxes & insurance
Income Needed
$288,840
gross annual (30% rule)
10% Down Option
$109,020
+ PMI applies
Loan Amount (20% dn)
$872,157
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Norwell, MA?
The median home value in Norwell is $1,090,196 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.8% year-over-year.
How much have home prices changed in Norwell?
Over the past year, home values in Norwell have increased by 5.8%. Over five years, prices have risen approximately 40.1%.
How much do I need to earn to buy a home in Norwell?
To comfortably afford the median home price of $1,090,196 with a 20% down payment ($218,039) at today's rates (6.8%), you'd need a gross annual income of approximately $288,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Norwell compare to the national average home price?
The national median home value is approximately $410,000. At $1,090,196, homes in Norwell are 166% above the national average.
What metro area is Norwell part of?
Norwell is part of the Boston-Cambridge-Newton, MA-NH metropolitan area. Home prices and market conditions can vary across the broader metro region.