Cities with the most expensive homes in the Boston metro area

Written by:
September 28, 2023
Konstantin L // Shutterstock

Cities with the most expensive homes in the Boston metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights affordability plays a huge role for buyers.

The typical home value in the United States was a record $351,423 in August, 1.3% higher than the year before. High mortgage rates are also making monthly payments more expensive; as of Sept. 21, the 30-year fixed mortgage rate sits at 7.19%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

Stacker compiled a list of cities with the most expensive homes in the Boston metro area using data from Zillow. Charts show the monthly typical home value since January 2018.

1 / 30
Stacker

#30. Milton, MA

- Typical home value: $951,360
- 1-year price change: +2.4%
- 5-year price change: +35.5%

2 / 30
Stacker

#29. Medfield, MA

- Typical home value: $953,302
- 1-year price change: +3.0%
- 5-year price change: +40.2%

3 / 30
Stacker

#28. Cambridge, MA

- Typical home value: $955,015
- 1-year price change: -3.7%
- 5-year price change: +9.2%

4 / 30
Stacker

#27. Bedford, MA

- Typical home value: $956,467
- 1-year price change: +3.3%
- 5-year price change: +34.5%

5 / 30
Stacker

#26. Arlington, MA

- Typical home value: $975,099
- 1-year price change: +2.2%
- 5-year price change: +28.9%

6 / 30
Stacker

#25. Boxford, MA

- Typical home value: $978,782
- 1-year price change: +2.2%
- 5-year price change: +45.6%

7 / 30
Stacker

#24. Duxbury, MA

- Typical home value: $983,562
- 1-year price change: +5.4%
- 5-year price change: +54.2%

8 / 30
Stacker

#23. Lynnfield, MA

- Typical home value: $1,000,680
- 1-year price change: +3.5%
- 5-year price change: +42.4%

9 / 30
Stacker

#22. Newington, NH

- Typical home value: $1,018,325
- 1-year price change: +0.3%
- 5-year price change: +51.4%

10 / 30
Stacker

#21. Wayland, MA

- Typical home value: $1,043,693
- 1-year price change: +4.9%
- 5-year price change: +42.5%

11 / 30
Stacker

#20. Sudbury, MA

- Typical home value: $1,067,132
- 1-year price change: +3.6%
- 5-year price change: +42.4%

12 / 30
Stacker

#19. Westwood, MA

- Typical home value: $1,096,482
- 1-year price change: +4.4%
- 5-year price change: +44.5%

13 / 30
Stacker

#18. Brookline, MA

- Typical home value: $1,128,270
- 1-year price change: -3.7%
- 5-year price change: +10.8%

14 / 30
Stacker

#17. Sherborn, MA

- Typical home value: $1,139,342
- 1-year price change: +2.8%
- 5-year price change: +37.7%

15 / 30
Stacker

#16. Hingham, MA

- Typical home value: $1,184,236
- 1-year price change: +2.0%
- 5-year price change: +42.4%

16 / 30
Stacker

#15. Rye, NH

- Typical home value: $1,185,566
- 1-year price change: +6.4%
- 5-year price change: +69.5%

17 / 30
Stacker

#14. Manchester, MA

- Typical home value: $1,198,974
- 1-year price change: +5.8%
- 5-year price change: +44.9%

18 / 30
Stacker

#13. Carlisle, MA

- Typical home value: $1,232,938
- 1-year price change: +2.6%
- 5-year price change: +46.5%

19 / 30
Stacker

#12. Cohasset, MA

- Typical home value: $1,271,995
- 1-year price change: +3.9%
- 5-year price change: +48.8%

20 / 30
Stacker

#11. Concord, MA

- Typical home value: $1,319,128
- 1-year price change: +2.9%
- 5-year price change: +44.0%

21 / 30
Stacker

#10. Belmont, MA

- Typical home value: $1,347,564
- 1-year price change: +2.7%
- 5-year price change: +34.7%

22 / 30
Stacker

#9. Needham, MA

- Typical home value: $1,357,201
- 1-year price change: +2.6%
- 5-year price change: +41.9%

23 / 30
Stacker

#8. Newton, MA

- Typical home value: $1,370,886
- 1-year price change: +4.1%
- 5-year price change: +30.9%

24 / 30
Stacker

#7. Lincoln, MA

- Typical home value: $1,386,075
- 1-year price change: +4.8%
- 5-year price change: +44.2%

25 / 30
Stacker

#6. Winchester, MA

- Typical home value: $1,409,592
- 1-year price change: +4.0%
- 5-year price change: +35.0%

26 / 30
Stacker

#5. Lexington, MA

- Typical home value: $1,443,992
- 1-year price change: +4.9%
- 5-year price change: +37.7%

27 / 30
Stacker

#4. Dover, MA

- Typical home value: $1,600,196
- 1-year price change: +2.2%
- 5-year price change: +41.8%

28 / 30
Stacker

#3. Wellesley, MA

- Typical home value: $1,776,766
- 1-year price change: +4.4%
- 5-year price change: +42.9%

29 / 30
Stacker

#2. New Castle, NH

- Typical home value: $1,925,544
- 1-year price change: +1.9%
- 5-year price change: +64.1%

30 / 30
Stacker

#1. Weston, MA

- Typical home value: $2,040,942
- 1-year price change: +4.1%
- 5-year price change: +46.2%

This story features data reporting and writing by Elena Cox, and is part of a series utilizing data automation across 379 metros.

Trending Now