Massachusetts Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$349,200

  • 5.1% 1-year change
  • 2.0% 1-year forecast

The median home value in Massachusetts is $349,200. Massachusetts home values have gone up 5.1% over the past year and Zillow predicts they will rise 2.0% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Massachusetts 4.7 homes are foreclosed (per 10,000). This is greater than the national value of 1.8

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Massachusetts is 0.0%, which is higher than the national value of 0.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Massachusetts homeowners underwater on their mortgage is 0.1%.

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Relative ZHVI
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Massachusetts Market Overview

Data through Jun 30, 2016
  • $349,200 ZHVI

    The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jun 30, 2017)
  • No data Median listing price
  • $259,850 Median sale price
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Massachusetts Market Health

Data through Jun 30, 2016
  • 3.7/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • 76 Average days on Zillow (May 31, 2016)
  • 0.1% Homes with negative equity (0.1% US Avg) (Mar 31, 2016)
  • 0.0% Delinquent on mortgage (0.0% US Avg) (Mar 31, 2016)

Homes foreclosed (per 10,000)

5 Massachusetts
2 United States
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Cities in Massachusetts

Name Median ZHVI
Newton $886,400
Cambridge $649,000
Boston $480,000
Name Median ZHVI
Lowell $230,500
Brockton $225,100
Fall River $210,900
Name Median ZHVI
New Bedford $199,300
Worcester $194,600
Springfield $127,500

Listings & Sales

Data through Jun 30, 2016
  • No recent data Median list price / sq ft
  • $172 Median sale price / sq ft
  • No data Listings with price cut
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Massachusetts Rentals

Data through Jun 30, 2016
  • Zillow Rent Index

  • $2,136 Massachusetts
    $1,412 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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