Cities with the most expensive homes in Massachusetts

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May 30, 2024
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Cities with the most expensive homes in Massachusetts

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 $359,402 in April, 4.4% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of May 23, the 30-year fixed mortgage rate sits at 6.94%.

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 Massachusetts using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of April 2024. The charts in this story were created automatically using Matplotlib.

Metros with the most cities in the top 30 in Massachusetts
#1. Boston-Cambridge-Newton, MA-NH: 20
#2. Vineyard Haven, MA: 7
#3. Barnstable Town, MA: 2

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Stacker

#30. Lynnfield

- Typical home value: $1,069,814
- 1-year price change: +11.1%
- 5-year price change: +52.3%
- Metro area: Boston-Cambridge-Newton, MA-NH

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#29. Wayland

- Typical home value: $1,125,764
- 1-year price change: +12.3%
- 5-year price change: +50.6%
- Metro area: Boston-Cambridge-Newton, MA-NH

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#28. Sudbury

- Typical home value: $1,146,212
- 1-year price change: +9.8%
- 5-year price change: +50.9%
- Metro area: Boston-Cambridge-Newton, MA-NH

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#27. Brookline

- Typical home value: $1,166,944
- 1-year price change: +2.7%
- 5-year price change: +12.6%
- Metro area: Boston-Cambridge-Newton, MA-NH

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#26. Westwood

- Typical home value: $1,183,222
- 1-year price change: +11.4%
- 5-year price change: +50.9%
- Metro area: Boston-Cambridge-Newton, MA-NH

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#25. Chatham

- Typical home value: $1,198,827
- 1-year price change: +7.3%
- 5-year price change: +68.8%
- Metro area: Barnstable Town, MA

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#24. Sherborn

- Typical home value: $1,202,971
- 1-year price change: +8.5%
- 5-year price change: +43.4%
- Metro area: Boston-Cambridge-Newton, MA-NH

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#23. Oak Bluffs

- Typical home value: $1,227,256
- 1-year price change: +10.1%
- 5-year price change: +72.7%
- Metro area: Vineyard Haven, MA

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#22. Manchester

- Typical home value: $1,265,653
- 1-year price change: +10.0%
- 5-year price change: +53.4%
- Metro area: Boston-Cambridge-Newton, MA-NH

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#21. Hingham

- Typical home value: $1,267,739
- 1-year price change: +10.7%
- 5-year price change: +53.9%
- Metro area: Boston-Cambridge-Newton, MA-NH

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#20. Tisbury

- Typical home value: $1,283,198
- 1-year price change: +9.6%
- 5-year price change: +74.5%
- Metro area: Vineyard Haven, MA

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#19. Carlisle

- Typical home value: $1,333,191
- 1-year price change: +10.2%
- 5-year price change: +55.6%
- Metro area: Boston-Cambridge-Newton, MA-NH

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#18. Woods Hole

- Typical home value: $1,337,627
- 1-year price change: +8.8%
- 5-year price change: +77.0%
- Metro area: Barnstable Town, MA

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#17. Gosnold

- Typical home value: $1,337,711
- 1-year price change: -5.3%
- 5-year price change: +48.4%
- Metro area: Vineyard Haven, MA

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#16. Cohasset

- Typical home value: $1,358,311
- 1-year price change: +10.7%
- 5-year price change: +55.3%
- Metro area: Boston-Cambridge-Newton, MA-NH

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#15. Concord

- Typical home value: $1,432,479
- 1-year price change: +13.8%
- 5-year price change: +52.1%
- Metro area: Boston-Cambridge-Newton, MA-NH

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#14. Belmont

- Typical home value: $1,462,645
- 1-year price change: +11.4%
- 5-year price change: +39.5%
- Metro area: Boston-Cambridge-Newton, MA-NH

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#13. Lincoln

- Typical home value: $1,482,902
- 1-year price change: +10.5%
- 5-year price change: +49.2%
- Metro area: Boston-Cambridge-Newton, MA-NH

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#12. Needham

- Typical home value: $1,496,985
- 1-year price change: +15.0%
- 5-year price change: +50.7%
- Metro area: Boston-Cambridge-Newton, MA-NH

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#11. Newton

- Typical home value: $1,503,877
- 1-year price change: +12.6%
- 5-year price change: +37.1%
- Metro area: Boston-Cambridge-Newton, MA-NH

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#10. Winchester

- Typical home value: $1,515,458
- 1-year price change: +11.3%
- 5-year price change: +41.5%
- Metro area: Boston-Cambridge-Newton, MA-NH

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#9. Lexington

- Typical home value: $1,576,248
- 1-year price change: +13.1%
- 5-year price change: +44.7%
- Metro area: Boston-Cambridge-Newton, MA-NH

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#8. West Tisbury

- Typical home value: $1,647,969
- 1-year price change: +11.3%
- 5-year price change: +78.2%
- Metro area: Vineyard Haven, MA

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#7. Dover

- Typical home value: $1,672,250
- 1-year price change: +6.3%
- 5-year price change: +43.5%
- Metro area: Boston-Cambridge-Newton, MA-NH

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#6. Edgartown

- Typical home value: $1,854,686
- 1-year price change: +6.4%
- 5-year price change: +73.6%
- Metro area: Vineyard Haven, MA

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#5. Wellesley

- Typical home value: $1,944,397
- 1-year price change: +10.3%
- 5-year price change: +46.6%
- Metro area: Boston-Cambridge-Newton, MA-NH

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#4. Weston

- Typical home value: $2,230,122
- 1-year price change: +12.6%
- 5-year price change: +54.6%
- Metro area: Boston-Cambridge-Newton, MA-NH

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#3. Aquinnah

- Typical home value: $2,241,471
- 1-year price change: -1.0%
- 5-year price change: +56.0%
- Metro area: Vineyard Haven, MA

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#2. Chilmark

- Typical home value: $2,416,286
- 1-year price change: -0.8%
- 5-year price change: +55.7%
- Metro area: Vineyard Haven, MA

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#1. Nantucket

- Typical home value: $2,774,092
- 1-year price change: +6.6%
- 5-year price change: +54.9%
- Metro area: not in a metro area

This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 50 states.

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