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The median home value in Massachusetts is about $380,000. Home prices in the state of Massachusetts have risen by almost 6 percent in the past year. Many of the top economists predict real estate values in Massachusetts will rise over 3 percent again within the next year!
Currently the median list price per square foot, home homes listed in Massachusetts is $243, while the median price of homes that have recently sold is over $356,000.
If you are looking to lease a property in Massachusetts, the average cost of a rental property is just over $2,400 per month.
Many of the areas in Massachusetts vary dramatically in home values and prices. With Boston MA being the most expensive city in the state.