Cities with the most expensive homes in the Boston metro area
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.
#30. Milton, MA
- Typical home value: $951,360
- 1-year price change: +2.4%
- 5-year price change: +35.5%
#29. Medfield, MA
- Typical home value: $953,302
- 1-year price change: +3.0%
- 5-year price change: +40.2%
#28. Cambridge, MA
- Typical home value: $955,015
- 1-year price change: -3.7%
- 5-year price change: +9.2%
#27. Bedford, MA
- Typical home value: $956,467
- 1-year price change: +3.3%
- 5-year price change: +34.5%
#26. Arlington, MA
- Typical home value: $975,099
- 1-year price change: +2.2%
- 5-year price change: +28.9%
#25. Boxford, MA
- Typical home value: $978,782
- 1-year price change: +2.2%
- 5-year price change: +45.6%
#24. Duxbury, MA
- Typical home value: $983,562
- 1-year price change: +5.4%
- 5-year price change: +54.2%
#23. Lynnfield, MA
- Typical home value: $1,000,680
- 1-year price change: +3.5%
- 5-year price change: +42.4%
#22. Newington, NH
- Typical home value: $1,018,325
- 1-year price change: +0.3%
- 5-year price change: +51.4%
#21. Wayland, MA
- Typical home value: $1,043,693
- 1-year price change: +4.9%
- 5-year price change: +42.5%
#20. Sudbury, MA
- Typical home value: $1,067,132
- 1-year price change: +3.6%
- 5-year price change: +42.4%
#19. Westwood, MA
- Typical home value: $1,096,482
- 1-year price change: +4.4%
- 5-year price change: +44.5%
#18. Brookline, MA
- Typical home value: $1,128,270
- 1-year price change: -3.7%
- 5-year price change: +10.8%
#17. Sherborn, MA
- Typical home value: $1,139,342
- 1-year price change: +2.8%
- 5-year price change: +37.7%
#16. Hingham, MA
- Typical home value: $1,184,236
- 1-year price change: +2.0%
- 5-year price change: +42.4%
#15. Rye, NH
- Typical home value: $1,185,566
- 1-year price change: +6.4%
- 5-year price change: +69.5%
#14. Manchester, MA
- Typical home value: $1,198,974
- 1-year price change: +5.8%
- 5-year price change: +44.9%
#13. Carlisle, MA
- Typical home value: $1,232,938
- 1-year price change: +2.6%
- 5-year price change: +46.5%
#12. Cohasset, MA
- Typical home value: $1,271,995
- 1-year price change: +3.9%
- 5-year price change: +48.8%
#11. Concord, MA
- Typical home value: $1,319,128
- 1-year price change: +2.9%
- 5-year price change: +44.0%
#10. Belmont, MA
- Typical home value: $1,347,564
- 1-year price change: +2.7%
- 5-year price change: +34.7%
#9. Needham, MA
- Typical home value: $1,357,201
- 1-year price change: +2.6%
- 5-year price change: +41.9%
#8. Newton, MA
- Typical home value: $1,370,886
- 1-year price change: +4.1%
- 5-year price change: +30.9%
#7. Lincoln, MA
- Typical home value: $1,386,075
- 1-year price change: +4.8%
- 5-year price change: +44.2%
#6. Winchester, MA
- Typical home value: $1,409,592
- 1-year price change: +4.0%
- 5-year price change: +35.0%
#5. Lexington, MA
- Typical home value: $1,443,992
- 1-year price change: +4.9%
- 5-year price change: +37.7%
#4. Dover, MA
- Typical home value: $1,600,196
- 1-year price change: +2.2%
- 5-year price change: +41.8%
#3. Wellesley, MA
- Typical home value: $1,776,766
- 1-year price change: +4.4%
- 5-year price change: +42.9%
#2. New Castle, NH
- Typical home value: $1,925,544
- 1-year price change: +1.9%
- 5-year price change: +64.1%
#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.
