Graph and download economic data for Housing Inventory: Median Listing Price in Massachusetts (MEDLISPRIMA) from Jul 2016 to Jul 2025 about MA, listing, median, price, and USA.

Graph and download economic data for All-Transactions House Price Index for Massachusetts (MASTHPI) from Q1 1975 to Q2 2025 about MA, appraisers, HPI, housing, price index, indexes, price, and USA.

The U.S. housing market continues to evolve, with the median home price forecast to reach ******* U.S. dollars by the second quarter of 2026. This projection comes after a period of significant growth and recent fluctuations, reflecting the complex interplay of economic factors affecting the real estate sector. The rising costs have not only impacted home prices, but also down payments, with the median down payment more than doubling since 2012. Regional variations in housing costs Home prices and down payments vary dramatically across the United States. While the national median down payment stood at approximately ****** U.S. dollars in early 2024, homebuyers in states like California, Massachusetts, and Hawaii faced down payments exceeding ****** U.S. dollars. This disparity highlights the challenges of homeownership in high-cost markets and underscores the importance of location in determining housing affordability. Market dynamics and future outlook The housing market has shown signs of cooling after years of rapid growth, with more modest price increases of *** percent in 2022 and *** percent in 2023. This slowdown can be attributed in part to rising mortgage rates, which have tempered demand. Despite these challenges, most states continued to see year-over-year price growth in the fourth quarter of 2023, with Rhode Island and Vermont leading the pack at over ** percent appreciation. As the market adjusts to new economic realities, potential homebuyers and investors alike will be watching closely for signs of stabilization or renewed growth in the coming years.

Median sales prices for various type of residential properties based on arms length, market rate sales. The data used to develop median prices comes from records filed at the Middlesex South Registry of Deeds. City staff analyze the records to identify arms-length sales. Arms-length sales are real-estate transactions in which two or more unrelated and unaffiliated parties agree to do business, acting independently and in their self-interest. Statistics drawn from only arms-length transactions are thought to best represent the true value of a property and state of the market.

The S&P Case Shiller Boston Home Price Index has risen steadily since *************. The index measures changes in the prices of existing single-family homes. The index value was equal to 100 as of ************, so if the index value is equal to *** in a given month, for example, it means that the house prices have increased by ** percent since 2000. The value of the S&P Case Shiller Boston Home Price Index amounted to nearly ****** in ***********. That was above the national average.

The average price per square foot of floor space in new single-family housing in the United States decreased after the great financial crisis, followed by several years of stagnation. Since 2012, the price has continuously risen, hitting ****** U.S. dollars per square foot in 2024. In 2024, the average sales price of a new home exceeded ******* U.S. dollars. Development of house sales in the U.S. One of the reasons for rising property prices is the gradual growth of house sales between 2011 and 2020. This period was marked by the gradual recovery following the subprime mortgage crisis and a growing housing sentiment. Another significant factor for the housing demand was the growing number of new household formations each year. Despite this trend, housing transactions plummeted in 2021, amid soaring prices and borrowing costs. In 2021, the average construction cost for single-family housing rose by nearly ** percent year-on-year, and in 2022, the increase was even higher, at close to ** percent. Financing a house purchase Mortgage interest rates in the U.S. rose dramatically in 2022 and remained elevated until 2024. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under ***** percent, whereas in 2024, the average rate for the same mortgage type was more than twice higher. That has led to a decline in homebuyer sentiment, and an increasing share of the population pessimistic about buying a home in the current market.

House prices grew year-on-year in most states in the U.S. in the first quarter of 2025. Hawaii was the only exception, with a decline of **** percent. The annual appreciation for single-family housing in the U.S. was **** percent, while in Rhode Island—the state where homes appreciated the most—the increase was ******percent. How have home prices developed in recent years? House price growth in the U.S. has been going strong for years. In 2025, the median sales price of a single-family home exceeded ******* U.S. dollars, up from ******* U.S. dollars five years ago. One of the factors driving house prices was the cost of credit. The record-low federal funds effective rate allowed mortgage lenders to set mortgage interest rates as low as *** percent. With interest rates on the rise, home buying has also slowed, causing fluctuations in house prices. Why are house prices growing? Many markets in the U.S. are overheated because supply has not been able to keep up with demand. How many homes enter the housing market depends on the construction output, whereas the availability of existing homes for purchase depends on many other factors, such as the willingness of owners to sell. Furthermore, growing investor appetite in the housing sector means that prospective homebuyers have some extra competition to worry about. In certain metros, for example, the share of homes bought by investors exceeded ** percent in 2025.

Graph and download economic data for All-Transactions House Price Index for Boston, MA (MSAD) (ATNHPIUS14454Q) from Q3 1977 to Q2 2025 about Boston, MA, appraisers, HPI, housing, price index, indexes, price, and USA.

West Virginia and Kansas had the lowest cost of living across all U.S. states, with composite costs being half of those found in Hawaii. This was according to a composite index that compares prices for various goods and services on a state-by-state basis. In West Virginia, the cost of living index amounted to **** — well below the national benchmark of 100. Virginia— which had an index value of ***** — was only slightly above that benchmark. Expensive places to live included Hawaii, Massachusetts, and California. Housing costs in the U.S. Housing is usually the highest expense in a household’s budget. In 2023, the average house sold for approximately ******* U.S. dollars, but house prices in the Northeast and West regions were significantly higher. Conversely, the South had some of the least expensive housing. In West Virginia, Mississippi, and Louisiana, the median price of the typical single-family home was less than ******* U.S. dollars. That makes living expenses in these states significantly lower than in states such as Hawaii and California, where housing is much pricier. What other expenses affect the cost of living? Utility costs such as electricity, natural gas, water, and internet also influence the cost of living. In Alaska, Hawaii, and Connecticut, the average monthly utility cost exceeded *** U.S. dollars. That was because of the significantly higher prices for electricity and natural gas in these states.

Housing Inventory: Average Listing Price Year-Over-Year in Massachusetts was -3.81% in July of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Average Listing Price Year-Over-Year in Massachusetts reached a record high of 39.24 in April of 2021 and a record low of -7.00 in May of 2025. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Average Listing Price Year-Over-Year in Massachusetts - last updated from the United States Federal Reserve on September of 2025.

United States Natural Gas: Average Residential Price: Massachusetts data was reported at 24.280 USD/1000 Cub ft in Jan 2025. This records a decrease from the previous number of 25.050 USD/1000 Cub ft for Dec 2024. United States Natural Gas: Average Residential Price: Massachusetts data is updated monthly, averaging 13.370 USD/1000 Cub ft from Jan 1989 (Median) to Jan 2025, with 433 observations. The data reached an all-time high of 25.240 USD/1000 Cub ft in Aug 2022 and a record low of 6.060 USD/1000 Cub ft in May 1996. United States Natural Gas: Average Residential Price: Massachusetts data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.

Housing Inventory: Average Listing Price in Massachusetts was 1418895.00000 U.S. $ in July of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Average Listing Price in Massachusetts reached a record high of 1535795.00000 in May of 2024 and a record low of 687635.00000 in September of 2016. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Average Listing Price in Massachusetts - last updated from the United States Federal Reserve on September of 2025.

Graph and download economic data for Housing Inventory: Average Listing Price Month-Over-Month in Norfolk County, MA (AVELISPRIMM25021) from Jul 2017 to Jun 2025 about Norfolk County, MA; Boston; MA; average; listing; price; and USA.

This paper uses data on all house transactions in Massachusetts over the last 20 years to show that houses sold after foreclosure, or close in time to the death or bankruptcy of a seller, are sold at lower prices than other houses. Foreclosure discounts are on average at 27 percent of the value of a house. Moreover, foreclosures that take place within small local geographies of a house lower the price at which it is sold. Our preferred estimate is that a foreclosure at a distance of 0.05 miles lowers the price of a house by about 1 percent.

Estimate of energy prices for heating fuels for the 2024/25 Winter Heating Season

All-Transactions House Price Index for Cambridge-Newton-Framingham, MA (MSAD) was 461.36000 Index 1995 Q1=100 in January of 2025, according to the United States Federal Reserve. Historically, All-Transactions House Price Index for Cambridge-Newton-Framingham, MA (MSAD) reached a record high of 461.36000 in January of 2025 and a record low of 23.43000 in October of 1976. Trading Economics provides the current actual value, an historical data chart and related indicators for All-Transactions House Price Index for Cambridge-Newton-Framingham, MA (MSAD) - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for All-Transactions House Price Index for Nantucket County, MA (ATNHPIUS25019A) from 1986 to 2021 about Nantucket County, MA; MA; HPI; housing; price index; indexes; price; and USA.

Housing Inventory: Average Listing Price in Barnstable County, MA was 1656075.00000 U.S. $ in July of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Average Listing Price in Barnstable County, MA reached a record high of 1770882.00000 in August of 2023 and a record low of 901144.00000 in September of 2016. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Average Listing Price in Barnstable County, MA - last updated from the United States Federal Reserve on August of 2025.

Housing Inventory: Average Listing Price Year-Over-Year in Barnstable County, MA was -0.70% in July of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Average Listing Price Year-Over-Year in Barnstable County, MA reached a record high of 40.63 in March of 2021 and a record low of -10.36 in March of 2025. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Average Listing Price Year-Over-Year in Barnstable County, MA - last updated from the United States Federal Reserve on August of 2025.

The statistic shows Massachusetts' average retail price for electricity between 1998 and 2015, by sector. In 2015, the average retail price for electricity in the residential sector was 19.83 cents per kilowatt hour.