Cities with the most expensive homes in the Boston metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Boston metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 197 cities and towns.

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#30. Boxford, MA

- Typical home value: $1,067,201
- 1-year price change: +1.1%
- 5-year price change: +26.0%

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#29. Arlington, MA

- Typical home value: $1,071,128
- 1-year price change: +2.9%
- 5-year price change: +24.2%

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#28. Wenham, MA

- Typical home value: $1,072,014
- 1-year price change: +4.1%
- 5-year price change: +40.4%

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#27. Norwell, MA

- Typical home value: $1,081,594
- 1-year price change: +6.7%
- 5-year price change: +40.0%

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#26. Milton, MA

- Typical home value: $1,083,963
- 1-year price change: +3.4%
- 5-year price change: +24.6%

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#25. Medfield, MA

- Typical home value: $1,084,632
- 1-year price change: +3.8%
- 5-year price change: +32.4%

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#24. Lynnfield, MA

- Typical home value: $1,105,557
- 1-year price change: +2.1%
- 5-year price change: +28.1%

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#23. Duxbury, MA

- Typical home value: $1,121,653
- 1-year price change: +5.4%
- 5-year price change: +38.6%

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#22. Brookline, MA

- Typical home value: $1,122,975
- 1-year price change: -5.4%
- 5-year price change: -0.6%

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#21. Newington, NH

- Typical home value: $1,146,676
- 1-year price change: +4.7%
- 5-year price change: +32.4%

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#20. Sudbury, MA

- Typical home value: $1,147,496
- 1-year price change: +0.7%
- 5-year price change: +30.2%

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#19. Wayland, MA

- Typical home value: $1,150,677
- 1-year price change: +1.6%
- 5-year price change: +31.5%

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#18. Sherborn, MA

- Typical home value: $1,224,225
- 1-year price change: +1.8%
- 5-year price change: +29.3%

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#17. Westwood, MA

- Typical home value: $1,240,316
- 1-year price change: +3.4%
- 5-year price change: +32.5%

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#16. Rye, NH

- Typical home value: $1,299,336
- 1-year price change: +5.7%
- 5-year price change: +49.1%

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#15. Carlisle, MA

- Typical home value: $1,318,077
- 1-year price change: +1.1%
- 5-year price change: +28.9%

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#14. Hingham, MA

- Typical home value: $1,352,390
- 1-year price change: +8.5%
- 5-year price change: +36.5%

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#13. Manchester, MA

- Typical home value: $1,374,181
- 1-year price change: +5.8%
- 5-year price change: +38.5%

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#12. Concord, MA

- Typical home value: $1,435,297
- 1-year price change: +0.5%
- 5-year price change: +31.4%

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#11. Belmont, MA

- Typical home value: $1,446,989
- 1-year price change: +1.5%
- 5-year price change: +24.3%

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#10. Cohasset, MA

- Typical home value: $1,463,119
- 1-year price change: +7.3%
- 5-year price change: +39.0%

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#9. Newton, MA

- Typical home value: $1,509,055
- 1-year price change: +2.3%
- 5-year price change: +28.2%

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#8. Lincoln, MA

- Typical home value: $1,519,971
- 1-year price change: +2.2%
- 5-year price change: +30.6%

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#7. Winchester, MA

- Typical home value: $1,548,862
- 1-year price change: +2.4%
- 5-year price change: +27.4%

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#6. Needham, MA

- Typical home value: $1,560,109
- 1-year price change: +6.2%
- 5-year price change: +35.2%

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#5. Lexington, MA

- Typical home value: $1,574,814
- 1-year price change: +2.9%
- 5-year price change: +31.5%

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#4. Dover, MA

- Typical home value: $1,772,604
- 1-year price change: +2.9%
- 5-year price change: +30.0%

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#3. Wellesley, MA

- Typical home value: $2,022,165
- 1-year price change: +5.1%
- 5-year price change: +37.3%

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#2. Weston, MA

- Typical home value: $2,251,807
- 1-year price change: +5.0%
- 5-year price change: +40.6%

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#1. New Castle, NH

- Typical home value: $2,526,282
- 1-year price change: +3.7%
- 5-year price change: +53.7%

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