Cities With the Fastest-growing Home Prices in Massachusetts

Arina P Habich // Shutterstock

Cities with the fastest-growing home prices in Massachusetts

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $360,385 in October, 2.4% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the fastest-growing home prices in Massachusetts using data from Zillow. Cities are ranked by the dollar change in the Zillow Home Values Index for all homes from the 12 months ending October 2024. The charts in this story were created automatically using Matplotlib. Data was available for 50 cities and towns in Massachusetts.

You may also like: Counties with the worst droughts in Massachusetts

1 / 50

Stacker

#50. Chelmsford

- Typical home value: $653,000
- 1-year price change: +$44,536 (+7.3%)
- 5-year price change: +$224,441 (+52.4%)
- Metro area: Boston-Cambridge-Newton, MA-NH

2 / 50

Stacker

#49. Tisbury

- Typical home value: $1,253,677
- 1-year price change: +$44,950 (+3.7%)
- 5-year price change: +$522,179 (+71.4%)
- Metro area: Vineyard Haven, MA

3 / 50

Stacker

#48. Rowley

- Typical home value: $754,908
- 1-year price change: +$44,979 (+6.3%)
- 5-year price change: +$258,579 (+52.1%)
- Metro area: Boston-Cambridge-Newton, MA-NH

4 / 50

Stacker

#47. Hopkinton

- Typical home value: $917,079
- 1-year price change: +$45,916 (+5.3%)
- 5-year price change: +$314,510 (+52.2%)
- Metro area: Boston-Cambridge-Newton, MA-NH

5 / 50

Stacker

#46. Essex

- Typical home value: $853,030
- 1-year price change: +$46,102 (+5.7%)
- 5-year price change: +$318,192 (+59.5%)
- Metro area: Boston-Cambridge-Newton, MA-NH

You may also like: Movies and TV shows casting in Massachusetts

6 / 50

Stacker

#45. Boxford

- Typical home value: $1,009,311
- 1-year price change: +$46,366 (+4.8%)
- 5-year price change: +$353,048 (+53.8%)
- Metro area: Boston-Cambridge-Newton, MA-NH

7 / 50

Stacker

#44. Truro

- Typical home value: $1,048,295
- 1-year price change: +$46,477 (+4.6%)
- 5-year price change: +$433,053 (+70.4%)
- Metro area: Barnstable Town, MA

8 / 50

Stacker

#43. Marblehead

- Typical home value: $987,608
- 1-year price change: +$46,501 (+4.9%)
- 5-year price change: +$321,705 (+48.3%)
- Metro area: Boston-Cambridge-Newton, MA-NH

9 / 50

Stacker

#42. Bolton

- Typical home value: $864,777
- 1-year price change: +$46,779 (+5.7%)
- 5-year price change: +$306,754 (+55.0%)
- Metro area: Worcester, MA-CT

10 / 50

Stacker

#41. Sharon

- Typical home value: $834,125
- 1-year price change: +$47,500 (+6.0%)
- 5-year price change: +$265,724 (+46.7%)
- Metro area: Boston-Cambridge-Newton, MA-NH

You may also like: How road conditions in Massachusetts have improved since 2000

11 / 50

Stacker

#40. Reading

- Typical home value: $849,485
- 1-year price change: +$49,136 (+6.1%)
- 5-year price change: +$268,169 (+46.1%)
- Metro area: Boston-Cambridge-Newton, MA-NH

12 / 50

Stacker

#39. North Falmouth

- Typical home value: $981,923
- 1-year price change: +$49,523 (+5.3%)
- 5-year price change: +$427,458 (+77.1%)
- Metro area: Barnstable Town, MA

13 / 50

Stacker

#38. Wellfleet

- Typical home value: $952,024
- 1-year price change: +$49,582 (+5.5%)
- 5-year price change: +$413,430 (+76.8%)
- Metro area: Barnstable Town, MA

14 / 50

Stacker

#37. Acton

- Typical home value: $856,721
- 1-year price change: +$49,664 (+6.2%)
- 5-year price change: +$294,698 (+52.4%)
- Metro area: Boston-Cambridge-Newton, MA-NH

15 / 50

Stacker

#36. Natick

- Typical home value: $851,979
- 1-year price change: +$50,132 (+6.3%)
- 5-year price change: +$266,842 (+45.6%)
- Metro area: Boston-Cambridge-Newton, MA-NH

You may also like: Demand for these health care jobs is increasing most in Massachusetts

16 / 50

Stacker

#35. Duxbury

- Typical home value: $1,031,440
- 1-year price change: +$51,073 (+5.2%)
- 5-year price change: +$409,783 (+65.9%)
- Metro area: Boston-Cambridge-Newton, MA-NH

17 / 50

Stacker

#34. Orleans

- Typical home value: $1,051,540
- 1-year price change: +$52,281 (+5.2%)
- 5-year price change: +$420,685 (+66.7%)
- Metro area: Barnstable Town, MA

18 / 50

Stacker

#33. Norwell

- Typical home value: $966,930
- 1-year price change: +$53,012 (+5.8%)
- 5-year price change: +$339,448 (+54.1%)
- Metro area: Boston-Cambridge-Newton, MA-NH

19 / 50

Stacker

#32. Newburyport

- Typical home value: $864,322
- 1-year price change: +$53,468 (+6.6%)
- 5-year price change: +$314,690 (+57.3%)
- Metro area: Boston-Cambridge-Newton, MA-NH

20 / 50

Stacker

#31. Nahant

- Typical home value: $940,374
- 1-year price change: +$54,203 (+6.1%)
- 5-year price change: +$376,266 (+66.7%)
- Metro area: Boston-Cambridge-Newton, MA-NH

You may also like: Highest-rated breweries in Massachusetts

21 / 50

Stacker

#30. Andover

- Typical home value: $946,874
- 1-year price change: +$54,303 (+6.1%)
- 5-year price change: +$329,227 (+53.3%)
- Metro area: Boston-Cambridge-Newton, MA-NH

22 / 50

Stacker

#29. Westwood

- Typical home value: $1,144,386
- 1-year price change: +$58,948 (+5.4%)
- 5-year price change: +$402,012 (+54.2%)
- Metro area: Boston-Cambridge-Newton, MA-NH

23 / 50

Stacker

#28. Lexington

- Typical home value: $1,504,468
- 1-year price change: +$59,694 (+4.1%)
- 5-year price change: +$472,030 (+45.7%)
- Metro area: Boston-Cambridge-Newton, MA-NH

24 / 50

Stacker

#27. Manchester

- Typical home value: $1,252,158
- 1-year price change: +$59,755 (+5.0%)
- 5-year price change: +$458,772 (+57.8%)
- Metro area: Boston-Cambridge-Newton, MA-NH

25 / 50

Stacker

#26. Edgartown

- Typical home value: $1,791,110
- 1-year price change: +$60,310 (+3.5%)
- 5-year price change: +$756,271 (+73.1%)
- Metro area: Vineyard Haven, MA

You may also like: Best public colleges in Massachusetts

26 / 50

Stacker

#25. Sudbury

- Typical home value: $1,112,431
- 1-year price change: +$60,416 (+5.7%)
- 5-year price change: +$395,735 (+55.2%)
- Metro area: Boston-Cambridge-Newton, MA-NH

27 / 50

Stacker

#24. Lynnfield

- Typical home value: $1,045,918
- 1-year price change: +$60,653 (+6.2%)
- 5-year price change: +$368,251 (+54.3%)
- Metro area: Boston-Cambridge-Newton, MA-NH

28 / 50

Stacker

#23. Provincetown

- Typical home value: $1,004,657
- 1-year price change: +$61,364 (+6.5%)
- 5-year price change: +$362,953 (+56.6%)
- Metro area: Barnstable Town, MA

29 / 50

Stacker

#22. Newton

- Typical home value: $1,440,430
- 1-year price change: +$61,963 (+4.5%)
- 5-year price change: +$408,414 (+39.6%)
- Metro area: Boston-Cambridge-Newton, MA-NH

30 / 50

Stacker

#21. Medfield

- Typical home value: $1,002,990
- 1-year price change: +$62,245 (+6.6%)
- 5-year price change: +$339,791 (+51.2%)
- Metro area: Boston-Cambridge-Newton, MA-NH

You may also like: How many people are receiving mental health treatment in Massachusetts

31 / 50

Stacker

#20. Milton

- Typical home value: $1,007,228
- 1-year price change: +$62,316 (+6.6%)
- 5-year price change: +$303,986 (+43.2%)
- Metro area: Boston-Cambridge-Newton, MA-NH

32 / 50

Stacker

#19. Winchester

- Typical home value: $1,462,039
- 1-year price change: +$62,356 (+4.5%)
- 5-year price change: +$440,886 (+43.2%)
- Metro area: Boston-Cambridge-Newton, MA-NH

33 / 50

Stacker

#18. Carlisle

- Typical home value: $1,280,650
- 1-year price change: +$62,889 (+5.2%)
- 5-year price change: +$468,783 (+57.7%)
- Metro area: Boston-Cambridge-Newton, MA-NH

34 / 50

Stacker

#17. Newbury

- Typical home value: $873,353
- 1-year price change: +$63,539 (+7.8%)
- 5-year price change: +$329,714 (+60.6%)
- Metro area: Boston-Cambridge-Newton, MA-NH

35 / 50

Stacker

#16. Wayland

- Typical home value: $1,101,548
- 1-year price change: +$64,472 (+6.2%)
- 5-year price change: +$385,181 (+53.8%)
- Metro area: Boston-Cambridge-Newton, MA-NH

You may also like: Metros where renters are the most overextended in Massachusetts

36 / 50

Stacker

#15. Cohasset

- Typical home value: $1,320,755
- 1-year price change: +$64,872 (+5.2%)
- 5-year price change: +$482,899 (+57.6%)
- Metro area: Boston-Cambridge-Newton, MA-NH

37 / 50

Stacker

#14. West Newbury

- Typical home value: $908,068
- 1-year price change: +$67,345 (+8.0%)
- 5-year price change: +$327,178 (+56.3%)
- Metro area: Boston-Cambridge-Newton, MA-NH

38 / 50

Stacker

#13. Sherborn

- Typical home value: $1,191,750
- 1-year price change: +$68,177 (+6.1%)
- 5-year price change: +$381,518 (+47.1%)
- Metro area: Boston-Cambridge-Newton, MA-NH

39 / 50

Stacker

#12. Oak Bluffs

- Typical home value: $1,200,002
- 1-year price change: +$69,059 (+6.1%)
- 5-year price change: +$511,195 (+74.2%)
- Metro area: Vineyard Haven, MA

40 / 50

Stacker

#11. Hingham

- Typical home value: $1,263,019
- 1-year price change: +$69,331 (+5.8%)
- 5-year price change: +$452,522 (+55.8%)
- Metro area: Boston-Cambridge-Newton, MA-NH

You may also like: How syringe exchanges in Massachusetts reduce the spread of disease

41 / 50

Stacker

#10. Belmont

- Typical home value: $1,410,260
- 1-year price change: +$69,950 (+5.2%)
- 5-year price change: +$414,121 (+41.6%)
- Metro area: Boston-Cambridge-Newton, MA-NH

42 / 50

Stacker

#9. Concord

- Typical home value: $1,385,920
- 1-year price change: +$70,557 (+5.4%)
- 5-year price change: +$500,806 (+56.6%)
- Metro area: Boston-Cambridge-Newton, MA-NH

43 / 50

Stacker

#8. Woods Hole

- Typical home value: $1,350,232
- 1-year price change: +$71,399 (+5.6%)
- 5-year price change: +$622,220 (+85.5%)
- Metro area: Barnstable Town, MA

44 / 50

Stacker

#7. Dover

- Typical home value: $1,636,413
- 1-year price change: +$72,007 (+4.6%)
- 5-year price change: +$521,604 (+46.8%)
- Metro area: Boston-Cambridge-Newton, MA-NH

45 / 50

Stacker

#6. Needham

- Typical home value: $1,460,620
- 1-year price change: +$81,566 (+5.9%)
- 5-year price change: +$506,862 (+53.1%)
- Metro area: Boston-Cambridge-Newton, MA-NH

You may also like: Ham, potatoes, and other groceries that dropped in price in the Northeast last month

46 / 50

Stacker

#5. Wenham

- Typical home value: $1,010,297
- 1-year price change: +$83,388 (+9.0%)
- 5-year price change: +$371,575 (+58.2%)
- Metro area: Boston-Cambridge-Newton, MA-NH

47 / 50

Stacker

#4. West Tisbury

- Typical home value: $1,606,820
- 1-year price change: +$109,701 (+7.3%)
- 5-year price change: +$715,555 (+80.3%)
- Metro area: Vineyard Haven, MA

48 / 50

Stacker

#3. Wellesley

- Typical home value: $1,902,543
- 1-year price change: +$116,810 (+6.5%)
- 5-year price change: +$643,145 (+51.1%)
- Metro area: Boston-Cambridge-Newton, MA-NH

49 / 50

Stacker

#2. Weston

- Typical home value: $2,155,158
- 1-year price change: +$122,298 (+6.0%)
- 5-year price change: +$810,082 (+60.2%)
- Metro area: Boston-Cambridge-Newton, MA-NH