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.

The U.S. housing market continues to evolve, with the median price for existing homes forecast to fall to ******* U.S. dollars by 2027. 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 a modest price increase of *** percent in 2024. 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 2025, with Rhode Island and West Virginia leading the packby home 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.

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.

Housing Inventory: Median Days on Market Year-Over-Year in Massachusetts was 10.00% in October of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Days on Market Year-Over-Year in Massachusetts reached a record high of 64.71 in April of 2023 and a record low of -63.33 in May of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Days on Market Year-Over-Year in Massachusetts - last updated from the United States Federal Reserve on December of 2025.

This dataset consolidates Rent prices in different towns and cities in Massachusetts, house prices and other relevant information. The main objective of the app is to prioritize towns in MA where house price and rent relationship is the most favorable for a potential investor.

Average Fair Market Rent Prices information was scraped from https://www.rentdata.org/states/massachusetts/ from 2006 to 2022. Massachusetts has the 3rd highest rent in the country out of 56 states and territories.

Annual Estimates of the Resident Population: April 1, 2010 to July 1, 2019. U.S. Census Bureau Population Division. May 21, 2020. The data is available for 351 towns in MA.

Home prices in MA were scraped from Boston Magazine web portal: https://www.bostonmagazine.com/property/single-family-home-price-chart-2021/. SOURCES: Boston neighborhood and town median home prices, sales volumes, and days on market provided by the Massachusetts Association of Realtors (marealtor.com) and MLS Property Information Network (mlspin.com).

Massachusetts is the second wealthiest state in the United States of America, with a median household income of $77,378 (as of 2019). The income per household per town was retrieved from https://en.wikipedia.org/wiki/List_of_Massachusetts_locations_by_per_capita_income.

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: Median Days on Market in Suffolk County, MA was 44.00000 Level in September of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Days on Market in Suffolk County, MA reached a record high of 79.00000 in January of 2021 and a record low of 23.00000 in April of 2018. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Days on Market in Suffolk County, MA - last updated from the United States Federal Reserve on October of 2025.

Housing Inventory: Median Days on Market Year-Over-Year in Worcester County, MA was 30.36% in October of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Days on Market Year-Over-Year in Worcester County, MA reached a record high of 119.23 in March of 2023 and a record low of -73.08 in May of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Days on Market Year-Over-Year in Worcester County, MA - last updated from the United States Federal Reserve on December of 2025.

Graph and download economic data for Housing Inventory: Median Days on Market Month-Over-Month in Barnstable County, MA (MEDDAYONMARMM25001) from Jul 2017 to Dec 2021 about Barnstable County, MA; Barnstable Town; MA; median; and USA.

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.

Housing Inventory: Median Days on Market Year-Over-Year in Plymouth County, MA was 14.67% in October of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Days on Market Year-Over-Year in Plymouth County, MA reached a record high of 107.69 in May of 2023 and a record low of -69.49 in May of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Days on Market Year-Over-Year in Plymouth County, MA - last updated from the United States Federal Reserve on December of 2025.

Housing Inventory: Median Days on Market Year-Over-Year in Essex County, MA was 9.17% in October of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Days on Market Year-Over-Year in Essex County, MA reached a record high of 183.33 in April of 2023 and a record low of -70.00 in May of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Days on Market Year-Over-Year in Essex County, MA - last updated from the United States Federal Reserve on December of 2025.

Housing Inventory: Median Days on Market Year-Over-Year in Middlesex County, MA was 16.07% in October of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Days on Market Year-Over-Year in Middlesex County, MA reached a record high of 95.00 in March of 2023 and a record low of -73.17 in May of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Days on Market Year-Over-Year in Middlesex County, MA - last updated from the United States Federal Reserve on November of 2025.

The median rent for one- and two-bedroom apartments in Boston, Massachusetts, amounted to about ***** U.S. dollars by the end of July 2025. Rents decreased slightly after the beginning of the coronavirus pandemic; this trend reversed in 2021, and as of July 2025, the annual rental growth stood at **** percent. Among the different states in the U.S., Massachusetts ranks as one of the most expensive rental markets.

Washington, D.C. had the highest net migration for 18 to 24-year-olds in 2021, making it the most attractive city among the generation Z population. The number of Zoomers who moved in less the number of Zoomers who moved out of Washington stood at ******. Columbia, SC, and Boston, MA, were the two other cities where this figure where the net migration exceeded 10,000.

Housing Inventory: Median Days on Market Year-Over-Year in Berkshire County, MA was 8.06% in October of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Days on Market Year-Over-Year in Berkshire County, MA reached a record high of 40.91 in April of 2024 and a record low of -64.25 in April of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Days on Market Year-Over-Year in Berkshire County, MA - last updated from the United States Federal Reserve on December of 2025.

Housing Inventory: Median Days on Market Year-Over-Year in Franklin County, MA was 36.23% in October of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Days on Market Year-Over-Year in Franklin County, MA reached a record high of 181.13 in March of 2023 and a record low of -63.79 in May of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Days on Market Year-Over-Year in Franklin County, MA - last updated from the United States Federal Reserve on December of 2025.

Housing Inventory: Median Days on Market Month-Over-Month in Berkshire County, MA was -2.12% in September of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Days on Market Month-Over-Month in Berkshire County, MA reached a record high of 30.79 in January of 2022 and a record low of -46.88 in April of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Days on Market Month-Over-Month in Berkshire County, MA - last updated from the United States Federal Reserve on November of 2025.

Housing Inventory: Median Days on Market Month-Over-Month in Hampshire County, MA was 5.29% in September of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Days on Market Month-Over-Month in Hampshire County, MA reached a record high of 64.94 in December of 2021 and a record low of -55.52 in March of 2023. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Days on Market Month-Over-Month in Hampshire County, MA - last updated from the United States Federal Reserve on November of 2025.

Housing Inventory: Median Days on Market Month-Over-Month in Worcester County, MA was -1.35% in September of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Days on Market Month-Over-Month in Worcester County, MA reached a record high of 69.23 in November of 2020 and a record low of -65.32 in March of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Days on Market Month-Over-Month in Worcester County, MA - last updated from the United States Federal Reserve on November of 2025.