Across 29 measured ZIP markets in Massachusetts, the median ZIP home value is $815,935 and the median ZIP rent is $3,297. 72.4% of measured ZIP markets show softer conditions. 44.8% of measured ZIP markets show rising price-cut pressure.
Key stats
- 72.4% of measured ZIP markets show softer conditions.
- 44.8% of measured ZIP markets show rising price-cut pressure.
- The middle ZIP home value is +25.1% versus the tracked-market benchmark.
- Month over month, the median ZIP market moved -0.5% on inventory and -10.4% on buyer competition.
- The middle ZIP rent is +35.5% versus the tracked-market benchmark.
- Measured ZIP markets
- 29
- Median ZIP home value
- $815,935
- Median ZIP rent
- $3,297
- Median buyer competition
- 43
Price and rent across local markets
The middle ZIP home value is +25.1% versus the tracked-market benchmark. The middle ZIP rent is +35.5% versus the tracked-market benchmark. The middle half of tracked ZIP home values runs from $676,900 to $982,040. The middle half of tracked ZIP rents runs from $3,101 to $3,702. Buyer competition across local ZIP markets runs from 37 at the 25th percentile to 45 at the 75th.
How broadly conditions are changing
72.4% of measured ZIP markets show softer conditions. 44.8% 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 -0.5% on inventory and -10.4% on buyer competition. 0.0% of measured ZIP markets show accelerating new-listing supply. 6.9% of measured ZIP markets show accelerating pending demand. The share of softening ZIP markets here is +41.3% versus the tracked-market benchmark.
Continue your market research
- Suffolk County 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