Massachusetts Housing Market Trends

Real-time market data powered by Zillow Research. Last updated: 2026-04-02

Greater Boston's housing market remains one of the tightest in the nation, with months of supply consistently below what economists consider balanced. The biotech corridor along Route 128 and the Kendall Square innovation hub continue to drive demand for housing in Cambridge, Somerville, and the inner suburbs. Worcester has emerged as an affordability alternative, with prices roughly 40-50% below Boston metro prices and commuter rail access. The Cape Cod and Islands market operates seasonally but has tightened year-round as remote work enables more permanent residency.

By BuyAHomeIn Editorial | Updated 2026-03-02 | Sources: Zillow Research, U.S. Census

Is Now a Good Time to Buy in Massachusetts?

The Massachusetts housing market is showing balanced conditions.

home values have grown a moderate 1.5% year-over-year. there are currently 1,638 homes on the market.

Median Home Value

$642,387

Zillow Home Value Index

Year-over-Year

+1.5%

Home value change

5-Year Change

+34.1%

Since 2021

Median Rent

$2,120/mo

Zillow Observed Rent Index

Active Listings

1,638

Homes for sale

Home Value Trends

5-year Zillow Home Value Index (ZHVI) for Massachusetts vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.

Rent Trends

Average rent in Massachusetts: $2,120/mo (+4.7% YoY)

Rent vs. Buy Analysis

With a median home value of $642,387 and average rent of $2,120/mo, the price-to-rent ratio in Massachusetts is 25.3. A ratio above 21 suggests renting may be more cost-effective.

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