Cities with the most expensive homes in the Boston metro area
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 $365,545 in March, 0.8% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of April 16, the sits at 6.3%.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.
#30. Norwell, MA
- Typical home value: $1,044,541
- 1-year price change: +5.9%
- 5-year price change: +45.6%
#29. Wenham, MA
- Typical home value: $1,056,940
- 1-year price change: +4.9%
- 5-year price change: +46.5%
#28. Boxford, MA
- Typical home value: $1,063,822
- 1-year price change: +2.1%
- 5-year price change: +34.5%
#27. Medfield, MA
- Typical home value: $1,064,861
- 1-year price change: +2.3%
- 5-year price change: +39.1%
#26. Milton, MA
- Typical home value: $1,073,620
- 1-year price change: +1.3%
- 5-year price change: +28.9%
#25. Arlington, MA
- Typical home value: $1,081,431
- 1-year price change: +2.3%
- 5-year price change: +29.2%
#24. Lynnfield, MA
- Typical home value: $1,089,938
- 1-year price change: +2.2%
- 5-year price change: +34.9%
#23. Duxbury, MA
- Typical home value: $1,095,537
- 1-year price change: +4.5%
- 5-year price change: +48.9%
#22. Newington, NH
- Typical home value: $1,133,033
- 1-year price change: +3.7%
- 5-year price change: +44.0%
#21. Wayland, MA
- Typical home value: $1,146,782
- 1-year price change: +1.9%
- 5-year price change: +40.8%
#20. Sudbury, MA
- Typical home value: $1,150,691
- 1-year price change: +1.3%
- 5-year price change: +41.9%
#19. Brookline, MA
- Typical home value: $1,211,601
- 1-year price change: -2.6%
- 5-year price change: +7.9%
#18. Sherborn, MA
- Typical home value: $1,223,900
- 1-year price change: +3.1%
- 5-year price change: +37.5%
#17. Westwood, MA
- Typical home value: $1,230,485
- 1-year price change: +1.9%
- 5-year price change: +39.0%
#16. Rye, NH
- Typical home value: $1,257,450
- 1-year price change: +5.4%
- 5-year price change: +59.3%
#15. Hingham, MA
- Typical home value: $1,297,292
- 1-year price change: +5.4%
- 5-year price change: +44.4%
#14. Manchester, MA
- Typical home value: $1,309,560
- 1-year price change: +5.6%
- 5-year price change: +44.9%
#13. Carlisle, MA
- Typical home value: $1,324,332
- 1-year price change: +1.3%
- 5-year price change: +40.4%
#12. Cohasset, MA
- Typical home value: $1,429,966
- 1-year price change: +5.5%
- 5-year price change: +46.6%
#11. Concord, MA
- Typical home value: $1,433,225
- 1-year price change: +1.9%
- 5-year price change: +42.6%
#10. Belmont, MA
- Typical home value: $1,458,987
- 1-year price change: +1.0%
- 5-year price change: +29.6%
#9. Lincoln, MA
- Typical home value: $1,501,967
- 1-year price change: +3.8%
- 5-year price change: +39.3%
#8. Newton, MA
- Typical home value: $1,528,894
- 1-year price change: +2.9%
- 5-year price change: +34.7%
#7. Needham, MA
- Typical home value: $1,540,160
- 1-year price change: +4.6%
- 5-year price change: +41.9%
#6. Winchester, MA
- Typical home value: $1,553,771
- 1-year price change: +2.0%
- 5-year price change: +34.2%
#5. Lexington, MA
- Typical home value: $1,584,588
- 1-year price change: +3.1%
- 5-year price change: +38.8%
#4. Dover, MA
- Typical home value: $1,760,580
- 1-year price change: +3.6%
- 5-year price change: +38.4%
#3. Wellesley, MA
- Typical home value: $2,023,292
- 1-year price change: +4.1%
- 5-year price change: +44.1%
#2. Weston, MA
- Typical home value: $2,237,982
- 1-year price change: +6.1%
- 5-year price change: +51.2%
#1. New Castle, NH
- Typical home value: $2,423,281
- 1-year price change: +3.4%
- 5-year price change: +66.0%