Massachusetts Housing Market

Price & Demand Distribution

$788,761

$3,209

Momentum & Risk Signals

20.7%

10.3%

3.4%

10.3%

How Massachusetts compares

Median across the ZIP codes tracked in each state, on identical definitions.

State	Median home value	Median rent		State income tax	ZIPs tracked
New York	$1,118,052	$4,756	20.8%	10.9% top rate	53
California	$911,968	$2,738	14.6%	13.3% top rate	96
Washington	$790,152	$2,290	25.0%	None	24
Massachusetts	$788,761	$3,209	20.7%	5% flat	29
Florida	$602,196	$2,736	13.3%	None	30
Georgia	$378,382	$1,891	17.9%	5.39% flat	28
Illinois	$335,515	$1,862	28.6%	4.95% flat	56
Texas	$296,043	$1,594	25.3%	None	186

Income tax is the top marginal rate on wages for the 2025 tax year, from the Massachusetts Department of Revenue. A flat rate and a graduated top rate are not the same measure, so the structure is named alongside it. A 4% surtax applies to income above the annually adjusted million-dollar threshold.

State vs Tracked-Market Average

+23.70%

+31.70%

-2.0

-0.20%

Data availability vs average

-17.10%

Across 29 measured ZIP markets in Massachusetts, the median ZIP home value is $788,761 and the median ZIP rent is $3,209. 20.7% of measured ZIP markets show softer conditions. 10.3% of measured ZIP markets show rising price-cut pressure.

Key stats

20.7% of measured ZIP markets show softer conditions.
10.3% of measured ZIP markets show rising price-cut pressure.
The middle ZIP home value is +23.7% versus the tracked-market benchmark.
Month over month, the median ZIP market moved -6.7% on inventory and +2.3% on buyer competition.
The middle ZIP rent is +31.7% versus the tracked-market benchmark.

Measured ZIP markets: 29
Median ZIP home value: $788,761
Median ZIP rent: $3,209
Median buyer competition: 45

Price and rent across local markets

The middle ZIP home value is +23.7% versus the tracked-market benchmark. The middle ZIP rent is +31.7% versus the tracked-market benchmark. The middle half of tracked ZIP home values runs from $662,811 to $968,300. The middle half of tracked ZIP rents runs from $3,047 to $3,703. Buyer competition across local ZIP markets runs from 41 at the 25th percentile to 47 at the 75th.

How broadly conditions are changing

20.7% of measured ZIP markets show softer conditions. 10.3% of measured ZIP markets show rising price-cut pressure. 6.9% of measured ZIP markets show a recent inventory spike. Month over month, the median ZIP market moved -6.7% on inventory and +2.3% on buyer competition. 3.4% of measured ZIP markets show accelerating new-listing supply. 10.3% of measured ZIP markets show accelerating pending demand. The share of softening ZIP markets here is -0.2% versus the tracked-market benchmark.

Continue your market research

Suffolk County marketContinue from the regional view to a more specific local market.

Sources and method

HomeMarketCap.com data sources: local housing-market datasets
HomeMarketCap.com methodology: regional aggregation rules

Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.

Area profile & market context

Population

659,948

Population density

7,056 / sq mi