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
County | Median Est. Value | County | Median 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 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $530.1K | $540K | 1.86% |
Median Sold Price | $504.5K | $540K | 7.03% |
Homes For Sale | 3,257 | 2,735 | -16.03% |
Homes Sold | 35,404 | 33,991 | -3.99% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Massachusetts
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%.
- Pre-ForeclosurePre-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 OwnedThe 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.
- AuctionsWorcester 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.
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More Real Estate Resources for Massachusetts
Guide for Massachusetts
A few quick tips to prepare you for selling a luxury home at auction
The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.
Santa Ana’s real estate market thrives with fluctuating median property values and diverse submarkets. Recent trends indicate potential opportunities for investors with varied budgets despite market volatility, enhanced by Santa Ana’s comparatively low foreclosure rates and value-for-money square foot pricing.
The San Bernardino real estate market is experiencing stability and modest growth. Median property values are consistent, while foreclosures, pre-foreclosures, and auctions present unique investment opportunities due high avg values.