Massachusetts Home Values & Market Trends
There have been 76,851 properties sold in the Massachusetts real estate market trends. Median home values in the Massachusetts housing market are $587,992.83. The median residential home value for transactions over the last 12 months is 510,251.479. The State of Massachusetts currently has 3,577 properties in foreclosure, 160 bank owned properties, and 634 headed for auction.
Massachusetts Real Estate Market Overview
| County | Median Est. Value | County | Median Est. Value |
|---|---|---|---|
| Barnstable | $ 789,000 $ 442/sqft | Bristol | $ 469,439 $ 286/sqft |
| Middlesex | $ 752,472 $ 380/sqft | Suffolk | $ 752,980 $ 652/sqft |
| Worcester | $ 419,900 $ 255/sqft | Hampden | $ 285,544 $ 219/sqft |
| Norfolk | $ 746,000 $ 375/sqft | Hampshire | $ 343,198 $ 245/sqft |
| Essex | $ 618,753 $ 356/sqft | Dukes | $ 1,520,000 $ 928/sqft |
| Berkshire | $ 325,000 $ 218/sqft | Franklin | $ 390,001 $ 231/sqft |
| Plymouth | $ 570,300 $ 323/sqft | Nantucket | $ 3,047,175 $ 1,513/sqft |
Housing Market Summary for Massachusetts
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $548.7K | $538.2K | -1.91% |
| Median Sold Price | $503.7K | $538.2K | 6.85% |
| Homes For Sale | 3,503 | 2,955 | -15.64% |
| Homes Sold | 31,991 | 31,232 | -2.37% |
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 3,103 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 2,003,567, and the percentage of properties for sale is 3103.00%.
- Pre-ForeclosurePre-foreclosure homes account for 0.14% of all residential properties in Massachusetts with Worcester containing 425 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 $2,498,160 in Nantucket to the lowest home value of $88,977 in Hampden.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Massachusetts ranges from the highest value of $464,750 in Barnstable to the lowest value of $114,900 in Berkshire. Bank owned homes and properties account for 0.01% of properties in Massachusetts. There are 14 counties within Massachusetts; Hampden containing 28 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 $1,488,751 in Nantucket to the lowest value of $84,900 in Nantucket.
Compare Nearby Cities
More Real Estate Resources for Massachusetts
Guide for Massachusetts
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