The market in numbers
Home values over the last two years
The typical home in Massachusetts was worth $599,000 in September 2024 and $615,500 in August 2026, a change of +2.8% over two years. Values are at the highest point of the period.
Housing markets by metro
Typical home value, 12-month change and rents for each metro area in Massachusetts, largest first. Linked metros have their own report, ZIP code by ZIP code. Where a metro crosses a state line, the figures cover only its part inside Massachusetts. Of Massachusetts's ZIP codes, one lies outside any metro area.
| Metro area | ZIP codes | Home value | 12 months | Monthly rent | Gross yield |
|---|---|---|---|---|---|
| Boston | 221 | $776,800 | +2.3% | $2,900 | 4.6% |
| Springfield | 82 | $378,800 | +3.1% | $1,900 | 6.5% |
| Worcester | 78 | $481,600 | +2.5% | $2,100 | 5.7% |
| Providence | 32 | $578,900 | +4.3% | $2,100 | 4.8% |
| Pittsfield | 26 | $478,200 | +2.5% | n/a | n/a |
| Barnstable Town | 38 | $801,000 | +2.5% | $2,400 | 4.1% |
| Vineyard Haven | 6 | $1,526,600 | +4.3% | n/a | n/a |
Home values by county
Of Massachusetts's 14 counties, Nantucket County has the highest typical home value, $3,168,600, and Hampden County the lowest, $342,900. Among counties with at least five ZIP codes, Bristol County has risen most over the year, up 4.3%, and Suffolk County has moved least, down 0.2%.
Show all 14 counties
| County | ZIP codes | Home value | 12 months | Monthly rent | Gross yield |
|---|---|---|---|---|---|
| Nantucket County | 1 | $3,168,600 | +8.8% | n/a | n/a |
| Dukes County | 6 | $1,526,600 | +4.3% | n/a | n/a |
| Middlesex County | 79 | $821,700 | +0.4% | $3,000 | 4.3% |
| Barnstable County | 38 | $801,000 | +2.5% | $2,400 | 4.1% |
| Essex County | 42 | $778,900 | +3.2% | $2,800 | 4.7% |
| Norfolk County | 39 | $765,300 | +2.3% | $2,800 | 4.3% |
| Suffolk County | 31 | $744,600 | −0.2% | $3,200 | 5.0% |
| Plymouth County | 30 | $640,000 | +4.1% | $2,700 | 5.0% |
| Bristol County | 32 | $578,900 | +4.3% | $2,100 | 4.8% |
| Worcester County | 78 | $481,600 | +2.5% | $2,100 | 5.7% |
| Berkshire County | 26 | $478,200 | +2.5% | n/a | n/a |
| Hampshire County | 20 | $423,400 | +1.6% | $2,400 | 5.6% |
| Franklin County | 27 | $376,400 | +0.4% | n/a | n/a |
| Hampden County | 35 | $342,900 | +3.8% | $1,800 | 6.6% |
Where prices are rising fastest
The ten ZIP codes with the strongest change in home values over the past twelve months. Among the larger half of Massachusetts's ZIP codes by population, so that places with only a handful of sales a year do not crowd the list.
| ZIP code | Area | Home value | 12 months | 5 yrs, per year |
|---|---|---|---|---|
| 02554 | Nantucket | $3,168,600 | +8.8% | +6.3% |
| 02120 | Boston | $942,300 | +8.6% | +2.1% |
| 02043 | Hingham | $1,359,700 | +8.5% | +6.5% |
| 02066 | Scituate | $1,037,100 | +7.2% | +6.5% |
| 02061 | Norwell | $1,080,100 | +6.7% | +7.0% |
| 02568 | Tisbury | $1,366,000 | +6.5% | +6.0% |
| 02492 | Needham | $1,665,100 | +6.3% | +6.3% |
| 02748 | Dartmouth | $687,200 | +6.2% | +6.6% |
| 02790 | Westport | $675,000 | +6.1% | +4.3% |
| 02375 | Easton | $632,000 | +5.8% | +5.6% |
Where prices are falling
Across Massachusetts, 30 ZIP codes are below where they were a year ago. These are the ten largest declines among the larger half by population.
| ZIP code | Area | Home value | 12 months | From its peak |
|---|---|---|---|---|
| 02446 | Brookline | $1,040,100 | −6.8% | −10.2% |
| 02115 | Boston | $933,200 | −5.4% | −8.3% |
| 02134 | Boston | $776,700 | −3.6% | −7.7% |
| 02445 | Brookline | $1,243,900 | −1.5% | −7.9% |
| 02131 | Boston | $714,500 | −0.9% | −2.7% |
| 02125 | Boston | $645,600 | −0.8% | −3.6% |
| 02121 | Boston | $634,400 | −0.8% | −3.2% |
| 02126 | Boston | $597,100 | −0.6% | −2.2% |
| 02135 | Boston | $656,800 | −0.4% | −2.8% |
| 02215 | Boston | $712,400 | −0.4% | −1.6% |
Best rental yields
Gross yield is a year's rent divided by the home value, before costs. These are the highest yields among the larger ZIP codes with rent data.
| ZIP code | Area | Home value | Monthly rent | Gross yield | Rent, 12 months |
|---|---|---|---|---|---|
| 01109 | Springfield | $282,700 | $2,200 | 9.2% | n/a |
| 01108 | Springfield | $307,100 | $1,900 | 7.6% | +3.7% |
| 01105 | Springfield | $266,600 | $1,500 | 6.8% | n/a |
| 01040 | Holyoke | $334,500 | $1,900 | 6.7% | +6.8% |
| 01610 | Worcester | $380,000 | $2,100 | 6.6% | +1.6% |
| 01501 | Auburn | $467,100 | $2,600 | 6.6% | n/a |
| 01001 | Agawam | $352,500 | $1,900 | 6.5% | n/a |
| 02302 | Brockton | $499,800 | $2,700 | 6.4% | n/a |
| 01607 | Worcester | $392,300 | $2,100 | 6.4% | n/a |
| 01605 | Worcester | $445,000 | $2,300 | 6.3% | −0.7% |
Most affordable against local incomes
Home value divided by the median household income of the people who live in the ZIP code. A lower multiple means homes cost fewer years of local earnings. The state typical is 5.5×.
| ZIP code | Area | Home value | Median income | Price to income |
|---|---|---|---|---|
| 01106 | Longmeadow | $541,200 | $147,900 | 3.7× |
| 01520 | Holden | $562,500 | $148,100 | 3.8× |
| 01540 | Oxford | $434,900 | $110,600 | 3.9× |
| 01095 | Wilbraham | $487,200 | $122,300 | 4.0× |
| 01501 | Auburn | $467,100 | $116,800 | 4.0× |
| 01028 | East Longmeadow | $431,100 | $106,400 | 4.0× |
| 01118 | Springfield | $324,800 | $80,200 | 4.0× |
| 02056 | Norfolk | $816,800 | $200,700 | 4.1× |
| 01450 | Groton | $789,100 | $193,300 | 4.1× |
| 01075 | South Hadley | $387,400 | $93,900 | 4.1× |
Who is moving in
Household moves between the 2022 and 2023 tax years, measured county by county. Summed across its counties, Massachusetts lost 30,756 households on net, and the households that left took $8.0bn more income than the arrivals brought. Of its 14 counties, one gained households. The tables show the largest gains and losses; the last column is how much more, or less, the average arriving household earned than the average household that left.
| County | Net households | Net income moved | Arrivals vs leavers, per household |
|---|---|---|---|
| Bristol County | +336 | −$144m | −$7,729 |
| Nantucket County | −64 | −$32m | −$24,466 |
| Franklin County | −108 | +$18m | +$6,818 |
| Dukes County | −240 | +$24m | +$50,586 |
| Berkshire County | −344 | +$42m | +$16,041 |
| Plymouth County | −544 | +$188m | +$9,816 |
| Barnstable County | −602 | +$363m | +$34,714 |
| Hampshire County | −870 | −$56m | +$326 |
| County | Net households | Net income moved | Arrivals vs leavers, per household |
|---|---|---|---|
| Middlesex County | −9,098 | −$3.0bn | −$19,472 |
| Suffolk County | −7,524 | −$3.4bn | −$33,994 |
| Essex County | −3,640 | −$213m | +$4,723 |
| Norfolk County | −3,340 | −$1.2bn | −$16,262 |
| Worcester County | −2,718 | −$403m | −$5,624 |
What CITIZEN sees
CITIZEN grades every US ZIP code on one national scale, reading price and its direction, rent, local earnings, resident equity and where buyers and their money are arriving from. Grades are ranks: an A is the top 10% of the country, an F the bottom 10%. In Massachusetts, 7 of 484 ZIP codes grade A and 8 grade F. Which ones, and why, is in CITIZEN.
Questions
Are home prices going up or down in Massachusetts?
Up. Home values across Massachusetts are up 2.1% over the past twelve months, to a typical $615K, and 454 of its 484 ZIP codes are higher than a year ago.
What is the typical home value in Massachusetts?
$615,500 across Massachusetts's 484 ZIP codes, as of August 2026. Among its metro areas, the typical home ranges from $378,800 in Springfield to $801,000 in Barnstable Town.
What is the cheapest place to buy a house in Massachusetts?
Among Massachusetts's metro areas with at least eight ZIP codes, Springfield has the lowest typical home value, $378,800. Among the larger half of its ZIP codes, 01247 in North Adams is the cheapest, at $265,800.
Where are home prices rising fastest in Massachusetts?
02554 in Nantucket (+8.8%), 02120 in Boston (+8.6%) and 02043 in Hingham (+8.5%), over the past twelve months, among the larger half of its ZIP codes.
What is the typical rent in Massachusetts?
About $2,800 a month, across the 210 ZIP codes with rent data, up 2.6% over the past year.
Are people moving to Massachusetts?
On balance, no. Between the 2022 and 2023 tax years, Massachusetts lost 30,756 households on net from moves, summed across its counties.
Other states
Sources and method
- Source: CITIZEN, Lualdi Advisors' US housing market intelligence. Home values and rents through August 2026; household incomes 2020 to 2024; migration for tax years 2022 to 2023.
- State, metro and county figures are medians across their ZIP codes, not a separate index. The two-year chart is the median ZIP value for each month. Grades and scores are CITIZEN's own.
- ZIP code lists use the larger half of the state's ZIP codes by population.
- Updated monthly. Last updated 2026-10-14.
