Cities with the fastest growing home prices in Boston metro area

Written by:
November 23, 2022
Volodymyr Kyrylyuk // Shutterstock

Cities with the fastest growing home prices in Boston metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Boston-Cambridge-Newton, MA-NH metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. Data was available for 199 cities and towns in Boston.

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#30. Duxbury, Duxbury

- 1-year price change: +$90,483 (+10.7%)
- 5-year price change: +$316,316 (+51.1%)
- Typical home value: $934,811 (#28 most expensive city in metro)
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#29. Arlington, Arlington

- 1-year price change: +$93,403 (+10.3%)
- 5-year price change: +$297,452 (+42.4%)
- Typical home value: $998,185 (#23 most expensive city in metro)
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#28. Windham, Windham

- 1-year price change: +$96,122 (+14.9%)
- 5-year price change: +$305,178 (+70.2%)
- Typical home value: $740,091 (#60 most expensive city in metro)
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#27. Bedford, Bedford

- 1-year price change: +$97,671 (+11.4%)
- 5-year price change: +$250,591 (+35.8%)
- Typical home value: $951,101 (#25 most expensive city in metro)
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#26. Hampton Falls, Hampton Falls

- 1-year price change: +$97,935 (+15.3%)
- 5-year price change: +$283,361 (+62.2%)
- Typical home value: $738,913 (#61 most expensive city in metro)

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#25. North Hampton, North Hampton

- 1-year price change: +$101,478 (+15.1%)
- 5-year price change: +$253,127 (+48.5%)
- Typical home value: $775,012 (#49 most expensive city in metro)
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#24. Westwood, Westwood

- 1-year price change: +$104,835 (+11.1%)
- 5-year price change: +$317,783 (+43.3%)
- Typical home value: $1,051,044 (#19 most expensive city in metro)
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#23. Wayland, Wayland

- 1-year price change: +$105,300 (+11.5%)
- 5-year price change: +$304,583 (+42.5%)
- Typical home value: $1,021,786 (#22 most expensive city in metro)
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#22. Sherborn, Sherborn

- 1-year price change: +$117,050 (+11.9%)
- 5-year price change: +$310,121 (+39.3%)
- Typical home value: $1,098,433 (#18 most expensive city in metro)
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#21. Nahant, Nahant

- 1-year price change: +$117,338 (+14.4%)
- 5-year price change: +$332,103 (+55.6%)
- Typical home value: $929,444 (#29 most expensive city in metro)

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#20. Sudbury, Sudbury

- 1-year price change: +$120,221 (+13.0%)
- 5-year price change: +$315,866 (+43.2%)
- Typical home value: $1,047,075 (#21 most expensive city in metro)
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#19. Durham, Durham

- 1-year price change: +$120,824 (+23.3%)
- 5-year price change: +$261,528 (+69.3%)
- Typical home value: $638,884 (#98 most expensive city in metro)
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#18. Belmont, Belmont

- 1-year price change: +$125,517 (+9.8%)
- 5-year price change: +$445,053 (+46.4%)
- Typical home value: $1,404,124 (#10 most expensive city in metro)
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#17. Madbury, Madbury

- 1-year price change: +$127,219 (+23.1%)
- 5-year price change: +$274,044 (+67.7%)
- Typical home value: $678,537 (#82 most expensive city in metro)
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#16. Cohasset, Cohasset

- 1-year price change: +$138,931 (+12.7%)
- 5-year price change: +$365,994 (+42.0%)
- Typical home value: $1,236,544 (#14 most expensive city in metro)

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#15. Manchester, Manchester

- 1-year price change: +$143,490 (+13.3%)
- 5-year price change: +$373,449 (+44.1%)
- Typical home value: $1,219,780 (#15 most expensive city in metro)
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#14. Winchester, Winchester

- 1-year price change: +$147,634 (+11.5%)
- 5-year price change: +$409,382 (+40.0%)
- Typical home value: $1,433,279 (#8 most expensive city in metro)
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#13. Newton, Newton

- 1-year price change: +$147,813 (+11.3%)
- 5-year price change: +$396,210 (+37.3%)
- Typical home value: $1,459,445 (#6 most expensive city in metro)
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#12. Concord, Concord

- 1-year price change: +$150,516 (+13.2%)
- 5-year price change: +$383,801 (+42.4%)
- Typical home value: $1,288,942 (#11 most expensive city in metro)
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#11. Hingham, Hingham

- 1-year price change: +$150,693 (+13.6%)
- 5-year price change: +$415,112 (+49.0%)
- Typical home value: $1,262,142 (#12 most expensive city in metro)

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#10. Carlisle, Carlisle

- 1-year price change: +$173,568 (+16.2%)
- 5-year price change: +$428,478 (+52.4%)
- Typical home value: $1,246,063 (#13 most expensive city in metro)
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#9. Lincoln, Lincoln

- 1-year price change: +$174,875 (+13.8%)
- 5-year price change: +$423,468 (+41.6%)
- Typical home value: $1,441,573 (#7 most expensive city in metro)
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#8. Rye, Rye

- 1-year price change: +$175,669 (+17.3%)
- 5-year price change: +$424,160 (+55.2%)
- Typical home value: $1,192,169 (#16 most expensive city in metro)
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#7. Newington, Newington

- 1-year price change: +$184,716 (+21.3%)
- 5-year price change: +$361,259 (+52.4%)
- Typical home value: $1,050,527 (#20 most expensive city in metro)
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#6. Needham, Needham

- 1-year price change: +$197,156 (+16.0%)
- 5-year price change: +$418,183 (+41.3%)
- Typical home value: $1,431,205 (#9 most expensive city in metro)

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#5. Lexington, Lexington

- 1-year price change: +$210,440 (+15.1%)
- 5-year price change: +$500,097 (+45.3%)
- Typical home value: $1,604,034 (#5 most expensive city in metro)
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#4. Dover, Dover

- 1-year price change: +$231,923 (+16.6%)
- 5-year price change: +$489,398 (+42.9%)
- Typical home value: $1,630,201 (#4 most expensive city in metro)
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#3. Wellesley, Wellesley

- 1-year price change: +$249,549 (+15.6%)
- 5-year price change: +$522,724 (+39.3%)
- Typical home value: $1,852,890 (#3 most expensive city in metro)
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#2. Weston, Weston

- 1-year price change: +$287,791 (+15.9%)
- 5-year price change: +$560,709 (+36.4%)
- Typical home value: $2,100,638 (#1 most expensive city in metro)
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#1. New Castle, New Castle

- 1-year price change: +$331,967 (+18.9%)
- 5-year price change: +$852,489 (+68.9%)
- Typical home value: $2,090,191 (#2 most expensive city in metro)

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