Graph and download economic data for Housing Inventory: Median Days on Market in Boston-Cambridge-Newton, MA-NH (CBSA) (MEDDAYONMAR14460) from Jul 2016 to Oct 2025 about Boston, NH, MA, median, and USA.

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.

The Real Estate Sales & Brokerage industry in Massachusetts is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to x,xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x% to $x.x billion.

The S&P Case Shiller Boston Home Price Index has been on an upward trend in the past years. 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 ****** in August 2025. That was above the national average.

Graph and download economic data for Housing Inventory: Median Days on Market in Massachusetts (MEDDAYONMARMA) from Jul 2016 to Oct 2025 about MA, median, and USA.

Graph and download economic data for Housing Inventory: Median Days on Market in Essex County, MA (MEDDAYONMAR25009) from Jul 2016 to Oct 2025 about Essex County, MA; Boston; MA; median; and USA.

The Real Estate Appraisal industry in Massachusetts is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

The Real Estate Asset Management & Consulting industry in Massachusetts is expected to decline an annualized x% to $x.x billion over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized x% to x,xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

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.

Graph and download economic data for All-Transactions House Price Index for Massachusetts (MASTHPI) from Q1 1975 to Q3 2025 about MA, appraisers, HPI, housing, price index, indexes, price, and USA.

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 Market Hotness: Page View Count per Property in Middlesex County, MA (LDPEPRMMCOUNTY25017) from Sep 2017 to Oct 2025 about Middlesex County, MA; Boston; MA; listing; and USA.

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

Explore borrowing and mortgage trends in Middlesex County, including conventional vs. government loan performance, average loan sizes, and market share shifts. Data sourced from HMDA regulatory filings shows how local lending patterns evolve through changing market conditions.

Graph and download economic data for Housing Inventory: Median Days on Market in Pittsfield, MA (CBSA) (MEDDAYONMAR38340) from Jul 2016 to Oct 2025 about Pittsfield, MA, median, and USA.

Graph and download economic data for Market Hotness: Listing Views per Property in Hampden County, MA (LDPEPRYYCOUNTY25013) from Aug 2018 to Oct 2025 about Hampden County, MA; Springfield; MA; listing; and USA.

Graph and download economic data for Market Hotness: Median Days on Market in Barnstable County, MA (MEDAONMAMMCOUNTY25001) from Aug 2017 to Oct 2025 about Barnstable County, MA; Barnstable Town; MA; median; and USA.

Graph and download economic data for Market Hotness: Page View Count per Property in Essex County, MA (LDPEPRYYCOUNTY25009) from Aug 2018 to Oct 2025 about Essex County, MA; Boston; MA; listing; and USA.

Graph and download economic data for Market Hotness: Page View Count per Property Versus the United States in Suffolk County, MA (LDPEPRVSUSCOUNTY25025) from Aug 2017 to Oct 2025 about Suffolk County, MA; Boston; MA; listing; and USA.

Graph and download economic data for Market Hotness: Page View Count per Property in Plymouth County, MA (LDPEPRMMCOUNTY25023) from Sep 2017 to Oct 2025 about Plymouth County, MA; Boston; MA; listing; and USA.