Massachusetts housing market

5 metros71 citiesData through Sep 2026
Typical home value
$655K
▲ 2.3% 1 yr
5-year change
+26%
U.S. +20%
Median city rent
$2,725/mo
71 cities
Unemployment rate
4.3%
Median household income
$119K
2025

Key takeaways

  • 1The typical home in Massachusetts is worth $655,219, up 2.3% in a year and up 26% over five years. That's the #3 most expensive of 51.
  • 2Across 71 cities with rent data, median typical rent is $2,725/mo, roughly a 5.0% gross yield on the typical home.
  • 3Median household income was $118,500 in 2025, so the typical home costs 5.5× income.
  • 4Unemployment is 4.3% (−0.3 pts in a year).

Home values

Typical home value, Massachusetts
Latest $655K
$389K$471K$554K$637K2016201920222025

Source: Zillow Research (ZHVI, ZORI and market activity data).

FHFA house price index
Latest 1,327
7549311,1091,28720172019202120232025

Source: FRED, Federal Reserve Bank of St. Louis. Quarterly, all-transactions index.

Unemployment rate, Massachusetts
Latest 4.30%
3.96%8.25%12.55%16.84%201620182020202220242026

Source: FRED, Federal Reserve Bank of St. Louis.

Massachusetts metro areas

Massachusetts cities

71 cities, largest first. Click a column to sort.

71 cities
Boston$761K▼ 1.6%$3,271▲ 2.1%5.2%
Worcester$433K▲ 1.6%$2,122▲ 1.4%5.9%
Springfield$302K▲ 4.2%$1,822▲ 7.4%7.2%
Cambridge$1.02M▼ 0.5%$3,438▲ 2.8%4.0%
Lowell$482K▲ 1.1%$2,252▲ 1.7%5.6%
Brockton$505K▲ 2.1%$2,289▲ 3.6%5.4%
Lynn$577K▲ 0.7%$2,342▲ 2.4%4.9%
New Bedford$439K▲ 3.4%$1,811▲ 2.7%4.9%
Fall River$448K▲ 2.1%$1,888▲ 2.4%5.1%
Newton$1.48M▲ 1.9%$3,358▲ 2.8%2.7%
Quincy$674K▲ 2.1%$2,712▲ 1.0%4.8%
Lawrence$510K▲ 2.4%$2,372▲ 2.2%5.6%
Somerville$920K▲ 0.1%$3,428▲ 2.7%4.5%
Framingham$657K▲ 0.6%$2,298▼ 2.4%4.2%
Haverhill$546K▲ 2.1%$2,258▼ 0.6%5.0%
Malden$668K▲ 1.8%$2,929▲ 2.5%5.3%
Waltham$807K▲ 0.8%$2,930▲ 1.9%4.4%
Brookline$1.12M▼ 5.1%$3,488▲ 4.3%3.7%
Medford$817K▲ 0.4%$3,626▲ 3.0%5.3%
Taunton$517K▲ 3.9%$2,069▲ 9.5%4.8%
Weymouth$617K▲ 3.0%$2,553▲ 2.0%5.0%
Revere$609K▲ 1.1%$2,764▲ 1.1%5.4%
Peabody$691K▲ 1.1%$2,836▲ 1.9%4.9%
Methuen$619K▲ 2.0%$2,352▲ 3.2%4.6%
Plymouth$651K▲ 4.2%$2,801▲ 2.5%5.2%
Barnstable$713K▲ 1.9%$2,894▲ 2.6%4.9%
Everett$620K▲ 0.5%$2,803▲ 2.2%5.4%
Arlington$1.06M▲ 2.8%$2,925▲ 3.5%3.3%
Attleboro$536K▲ 2.9%$2,366▲ 4.1%5.3%
Pittsfield$308K▲ 1.0%$1,545▲ 2.9%6.0%
Leominster$467K▲ 1.6%$1,885▲ 2.4%4.8%
Fitchburg$400K▲ 1.4%$1,859▲ 0.7%5.6%
Salem$604K▲ 0.6%$2,683▲ 2.1%5.3%
Billerica$697K▲ 2.5%$2,751▼ 0.1%4.7%
Marlborough$571K▲ 0.2%$2,666▲ 0.8%5.6%
Woburn$753K▲ 2.0%$2,844▲ 1.8%4.5%
Chelsea$519K▲ 1.1%$2,632▲ 1.8%6.1%
Amherst$538K▲ 2.9%$2,999▲ 4.6%6.7%
Braintree$730K▲ 3.0%$2,920▲ 1.2%4.8%
Shrewsbury$686K▲ 0.5%$2,350▲ 0.1%4.1%
Beverly$756K▲ 3.4%$2,745▲ 7.0%4.4%
Natick$878K▲ 1.4%$2,944▲ 4.2%4.0%
Andover$987K▲ 2.5%$2,769▲ 4.6%3.4%
Chelmsford$674K▲ 1.2%$2,677▲ 3.3%4.8%
Watertown$810K▲ 0.4%$3,101▲ 2.0%4.6%
Randolph$587K▲ 3.0%$2,582▼ 0.4%5.3%
Franklin$703K▲ 3.0%$2,534▲ 2.9%4.3%
Needham$1.54M▲ 6.1%$3,702▲ 3.8%2.9%
North Andover$801K▲ 1.2%$2,816▲ 5.7%4.2%
Norwood$728K▲ 2.1%$2,579▲ 0.7%4.3%
Tewksbury$671K▲ 2.1%$2,864▲ 8.3%5.1%
North Attleboro$603K▲ 2.8%$2,241▲ 3.2%4.5%
Milford$557K▲ 2.6%$2,281▼ 0.2%4.9%
Melrose$908K▲ 4.1%$3,031▲ 3.7%4.0%
Wellesley$2.01M▲ 5.2%$4,030▲ 7.0%2.4%
Stoughton$604K▲ 1.9%$2,516▲ 1.2%5.0%
Bridgewater$634K▲ 3.2%$2,650▲ 1.2%5.0%
Danvers$727K▲ 2.0%$2,825▲ 2.0%4.7%
Wakefield$812K▲ 2.2%$2,827▲ 4.3%4.2%
Belmont$1.42M▲ 1.4%$3,051▲ 2.2%2.6%
Burlington$867K▲ 2.1%$3,153▲ 3.3%4.4%
Dedham$757K▲ 2.3%$2,913▲ 5.9%4.6%
Canton$799K▲ 2.7%$3,008▲ 3.1%4.5%
Mansfield$709K▲ 3.2%$2,630▲ 4.2%4.5%
Stoneham$799K▲ 2.7%$3,055▲ 4.1%4.6%
Westborough$727K▲ 0.1%$2,526▲ 5.0%4.2%
Gardner$373K▲ 1.5%$1,676▲ 3.9%5.4%
Winthrop$676K▲ 0.5%$2,725▲ 5.3%4.8%
Newburyport$933K▲ 4.5%$3,028▲ 3.7%3.9%
Amesbury$622K▲ 2.4%$2,500▲ 1.6%4.8%
Bellingham$540K▲ 2.2%$2,519▲ 0.9%5.6%

Data refreshed Oct 26, 2026.