Massachusetts Home Values & Market Trends

There have been 75,121 properties sold in the Massachusetts real estate market trends. Median home values in the Massachusetts housing market are $584,011.48. The median residential home value for transactions over the last 12 months is 507,168.388. The State of Massachusetts currently has 1,741 properties in foreclosure, 167 bank owned properties, and 665 headed for auction.

Massachusetts Real Estate Market Overview

CountyMedian Est. ValueCountyMedian Est. Value
Barnstable

$ 763,599

$ 443/sqft

Bristol

$ 465,131

$ 270/sqft

Middlesex

$ 755,028

$ 365/sqft

Hampden

$ 281,464

$ 220/sqft

Worcester

$ 397,947

$ 257/sqft

Suffolk

$ 688,859

$ 608/sqft

Norfolk

$ 684,121

$ 384/sqft

Hampshire

$ 319,930

$ 243/sqft

Berkshire

$ 349,900

$ 208/sqft

Franklin

$ 398,317

$ 226/sqft

Essex

$ 604,000

$ 344/sqft

Dukes

$ 2,365,203

$ 1,045/sqft

Plymouth

$ 557,296

$ 334/sqft

Nantucket

$ 4,065,355

$ 2,060/sqft

Housing Market Summary for Massachusetts

Mar 2023February 2024Change
Median Listing Price$530.1K$540K1.86%
Median Sold Price$504.5K$540K7.03%
Homes For Sale3,2572,735-16.03%
Homes Sold35,40433,991-3.99%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Massachusetts

There are currently 2,709 properties for sale in Massachusetts. The current home value ranges in price from 2,000 to 30,000,000. The total count of properties in the state is 2,002,580, and the percentage of properties for sale is 2709.00%.

Foreclosure
There are 14 counties within Massachusetts; within these counties, the median estimated home value for homes in foreclosure ranges from $3,190,418 in Hampden to the lowest value of $90,857 in Hampden. Foreclosure homes account for 0.00% of properties in Massachusetts with Worcester containing 279 foreclosures, the highest number of foreclosure properties in a single county.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.05% of all residential properties in Massachusetts with Worcester containing 142 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 14 counties within Massachusetts; of those counties, the estimated home value for pre-foreclosure homes ranges from $1,128,870 in Dukes to the lowest home value of $90,857 in Hampden.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Massachusetts ranges from the highest value of $540,750 in Suffolk to the lowest value of $103,000 in Berkshire. Bank owned homes and properties account for 0.01% of properties in Massachusetts. There are 14 counties within Massachusetts; Worcester containing 33 REO properties, has the highest number of bank owned properties in a single county.
  • Auctions
    Worcester has 104 auction properties, the highest number of properties going to auction in a single county in the state of Massachusetts. Auction homes and other auction properties account for 0.03% of all properties in Massachusetts. There are 14 counties within Massachusetts; of those counties, the median estimated home value for homes going to auction ranges from $1,464,313 in Dukes to the lowest value of $144,000 in Dukes.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.14% of residential properties in Massachusetts with Barnstable containing 534 homes for sale, the highest number of listed properties in a single county. There are 14 counties within Massachusetts; homes for sale in those counties, have a range of median values from $8,110,954 in Nantucket to the lowest value of $77,000 in Berkshire.
    Sold Homes
    The median value for recently sold homes ranges from $10,955,167 in Dukes to the lowest price of $20,088 in Dukes. There are 14 counties within Massachusetts. Middlesex has 6819 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 1.65% of properties in Massachusetts.

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