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Graph and download economic data for Housing Inventory: Median Listing Price in Massachusetts (MEDLISPRIMA) from Jul 2016 to Jun 2025 about MA, listing, median, price, and USA.
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Graph and download economic data for All-Transactions House Price Index for Massachusetts (MASTHPI) from Q1 1975 to Q1 2025 about MA, appraisers, HPI, housing, price index, indexes, price, and USA.
The S&P Case Shiller Boston Home Price Index has risen steadily since February 2020. The index measures changes in the prices of existing single-family homes. The index value was equal to 100 as of January 2000, so if the index value is equal to 130 in a given month, for example, it means that the house prices have increased by 30 percent since 2000. The value of the S&P Case Shiller Boston Home Price Index amounted to nearly 335.36 in August 2024. That was above the national average.
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 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.
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The median listing price in a given market during the specified month.
With the release of its September 2022 housing trends report, Realtor.com® incorporated a new and improved methodology for capturing and reporting housing inventory trends and metrics. The new methodology updates and improves the calculation of time on market and improves handling of duplicate listings. Most areas across the country will see minor changes with a smaller handful of areas seeing larger updates. As a result of these changes, the data released since October 2022 will not be directly comparable with previous data releases (files downloaded before October 2022) and Realtor.com® economics blog posts. However, future data releases, including historical data, will consistently apply the new methodology. More details are available at the source's Real Estate Data Library (https://www.realtor.com/research/data/).
With the release of its November 2021 housing trends report, Realtor.com® incorporated a new and improved methodology for capturing and reporting housing inventory trends and metrics. The new methodology uses the latest and most accurate data mapping of listing statuses to yield a cleaner and more consistent measurement of active listings at both the national and local level. The methodology has also been adjusted to better account for missing data in some fields including square footage. Most areas across the country will see minor changes with a smaller handful of areas seeing larger updates. As a result of these changes, the data released since December 2021 will not be directly comparable with previous data releases (files downloaded before December 2021) and Realtor.com® economics blog posts. However, future data releases, including historical data, will consistently apply the new methodology. More details are available at the source's Real Estate Data Library (https://www.realtor.com/research/data/).
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Graph and download economic data for S&P CoreLogic Case-Shiller MA-Boston Home Price Index (BOXRSA) from Jan 1987 to Mar 2025 about Boston, NH, MA, HPI, housing, price index, indexes, price, and USA.
House prices grew year-on-year in most states in the U.S. in the third quarter of 2024. The District of Columbia was the only exception, with a decline of ***** percent. The annual appreciation for single-family housing in the U.S. was **** percent, while in Hawaii—the state where homes appreciated the most—the increase exceeded ** percent. How have home prices developed in recent years? House price growth in the U.S. has been going strong for years. In 2024, 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 2024.
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Graph and download economic data for All-Transactions House Price Index for Boston, MA (MSAD) (ATNHPIUS14454Q) from Q3 1977 to Q1 2025 about Boston, MA, appraisers, HPI, housing, price index, indexes, price, and USA.
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Median Existing Home Price: MA: Jackson data was reported at 172.600 USD th in Mar 2018. This records an increase from the previous number of 168.800 USD th for Dec 2017. Median Existing Home Price: MA: Jackson data is updated quarterly, averaging 121.100 USD th from Mar 1989 (Median) to Mar 2018, with 107 observations. The data reached an all-time high of 180.600 USD th in Sep 2017 and a record low of 65.100 USD th in Mar 1989. Median Existing Home Price: MA: Jackson data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB007: Median Existing Home Price: by Metropolitan Area.
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Median Existing Home Price: MA: Glens Falls data was reported at 152.700 USD th in Mar 2018. This records a decrease from the previous number of 157.300 USD th for Dec 2017. Median Existing Home Price: MA: Glens Falls data is updated quarterly, averaging 157.300 USD th from Mar 2001 (Median) to Mar 2018, with 69 observations. The data reached an all-time high of 177.900 USD th in Dec 2016 and a record low of 81.500 USD th in Mar 2001. Median Existing Home Price: MA: Glens Falls data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB007: Median Existing Home Price: by Metropolitan Area.
The U.S. housing market has slowed, after ** consecutive years of rising home prices. In 2021, house prices surged by an unprecedented ** percent, marking the highest increase on record. However, the market has since cooled, with the Freddie Mac House Price Index showing more modest growth between 2022 and 2024. In 2024, home prices increased by *** percent. That was lower than the long-term average of *** percent since 1990. Impact of mortgage rates on homebuying The recent cooling in the housing market can be partly attributed to rising mortgage rates. After reaching a record low of **** percent in 2021, the average annual rate on a 30-year fixed-rate mortgage more than doubled in 2023. This significant increase has made homeownership less affordable for many potential buyers, contributing to a substantial decline in home sales. Despite these challenges, forecasts suggest a potential recovery in the coming years. How much does it cost to buy a house in the U.S.? In 2023, the median sales price of an existing single-family home reached a record high of over ******* U.S. dollars. Newly built homes were even pricier, despite a slight decline in the median sales price in 2023. Naturally, home prices continue to vary significantly across the country, with West Virginia being the most affordable state for homebuyers.
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United States Median Existing Home Price: MA: Springfield, Massachusetts data was reported at 196.300 USD th in Mar 2018. This records a decrease from the previous number of 206.200 USD th for Dec 2017. United States Median Existing Home Price: MA: Springfield, Massachusetts data is updated quarterly, averaging 163.700 USD th from Mar 1989 (Median) to Mar 2018, with 117 observations. The data reached an all-time high of 218.800 USD th in Sep 2006 and a record low of 104.000 USD th in Dec 1994. United States Median Existing Home Price: MA: Springfield, Massachusetts data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB007: Median Existing Home Price: by Metropolitan Area.
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 2022. 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.
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Massachusetts - Median Home Listing Price: 9 years of historical data from 2016 to 2025.
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Graph and download economic data for Housing Inventory: Median Listing Price in Middlesex County, MA (MEDLISPRI25017) from Jul 2016 to Jun 2025 about Middlesex County, MA; Boston; MA; listing; median; price; and USA.
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United States Median Existing Home Price: MA: Jacksonville data was reported at 240.500 USD th in Mar 2018. This records an increase from the previous number of 230.500 USD th for Dec 2017. United States Median Existing Home Price: MA: Jacksonville data is updated quarterly, averaging 145.000 USD th from Mar 1989 (Median) to Mar 2018, with 117 observations. The data reached an all-time high of 240.500 USD th in Mar 2018 and a record low of 70.900 USD th in Mar 1989. United States Median Existing Home Price: MA: Jacksonville data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB007: Median Existing Home Price: by Metropolitan Area.
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United States Median Existing Home Price: MA: Albuquerque data was reported at 208.900 USD th in Sep 2018. This records a decrease from the previous number of 210.600 USD th for Jun 2018. United States Median Existing Home Price: MA: Albuquerque data is updated quarterly, averaging 142.150 USD th from Mar 1989 (Median) to Sep 2018, with 118 observations. The data reached an all-time high of 210.600 USD th in Jun 2018 and a record low of 81.700 USD th in Dec 1989. United States Median Existing Home Price: MA: Albuquerque data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s United States – Table US.EB007: Median Existing Home Price: by Metropolitan Area.
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United States Median Existing Home Price: MA: Boston-Cambridge-Quincy data was reported at 491.400 USD th in Sep 2018. This records a decrease from the previous number of 495.900 USD th for Jun 2018. United States Median Existing Home Price: MA: Boston-Cambridge-Quincy data is updated quarterly, averaging 337.600 USD th from Mar 1989 (Median) to Sep 2018, with 111 observations. The data reached an all-time high of 495.900 USD th in Jun 2018 and a record low of 132.800 USD th in Mar 1991. United States Median Existing Home Price: MA: Boston-Cambridge-Quincy data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB007: Median Existing Home Price: by Metropolitan Area. Series Break/s represents unreported data from National Association of Realtors' prime source for that time period.
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United States Median Existing Home Price: MA: Midwest data was reported at 187.100 USD th in Mar 2018. This records a decrease from the previous number of 193.800 USD th for Dec 2017. United States Median Existing Home Price: MA: Midwest data is updated quarterly, averaging 135.100 USD th from Mar 1989 (Median) to Mar 2018, with 117 observations. The data reached an all-time high of 203.500 USD th in Jun 2017 and a record low of 69.300 USD th in Mar 1989. United States Median Existing Home Price: MA: Midwest data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB007: Median Existing Home Price: by Metropolitan Area.
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Graph and download economic data for Housing Inventory: Median Listing Price in Massachusetts (MEDLISPRIMA) from Jul 2016 to Jun 2025 about MA, listing, median, price, and USA.