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 $361,371 in February, 0.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 19, the sits at 6.22%.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. Cambridge, MA
- Typical home value: $1,019,841
- 1-year price change: -1.3%
- 5-year price change: +11.6%
#29. Wenham, MA
- Typical home value: $1,036,002
- 1-year price change: +5.1%
- 5-year price change: +49.2%
#28. Boxford, MA
- Typical home value: $1,037,256
- 1-year price change: +2.6%
- 5-year price change: +37.2%
#27. Medfield, MA
- Typical home value: $1,039,370
- 1-year price change: +2.3%
- 5-year price change: +40.6%
#26. Arlington, MA
- Typical home value: $1,045,452
- 1-year price change: +2.6%
- 5-year price change: +29.9%
#25. Milton, MA
- Typical home value: $1,045,796
- 1-year price change: +1.2%
- 5-year price change: +30.3%
#24. Lynnfield, MA
- Typical home value: $1,059,995
- 1-year price change: +2.3%
- 5-year price change: +37.8%
#23. Duxbury, MA
- Typical home value: $1,072,384
- 1-year price change: +4.5%
- 5-year price change: +51.2%
#22. Newington, NH
- Typical home value: $1,114,211
- 1-year price change: +3.0%
- 5-year price change: +45.9%
#21. Sudbury, MA
- Typical home value: $1,121,774
- 1-year price change: +1.6%
- 5-year price change: +44.3%
#20. Wayland, MA
- Typical home value: $1,122,004
- 1-year price change: +2.2%
- 5-year price change: +42.7%
#19. Brookline, MA
- Typical home value: $1,125,994
- 1-year price change: -2.4%
- 5-year price change: +8.4%
#18. Sherborn, MA
- Typical home value: $1,187,640
- 1-year price change: +3.3%
- 5-year price change: +39.7%
#17. Westwood, MA
- Typical home value: $1,197,155
- 1-year price change: +2.7%
- 5-year price change: +41.4%
#16. Rye, NH
- Typical home value: $1,239,035
- 1-year price change: +4.6%
- 5-year price change: +61.4%
#15. Manchester, MA
- Typical home value: $1,269,951
- 1-year price change: +6.0%
- 5-year price change: +47.2%
#14. Hingham, MA
- Typical home value: $1,280,464
- 1-year price change: +4.9%
- 5-year price change: +46.0%
#13. Carlisle, MA
- Typical home value: $1,296,045
- 1-year price change: +1.4%
- 5-year price change: +43.5%
#12. Cohasset, MA
- Typical home value: $1,387,661
- 1-year price change: +5.4%
- 5-year price change: +48.4%
#11. Concord, MA
- Typical home value: $1,405,401
- 1-year price change: +2.6%
- 5-year price change: +45.9%
#10. Belmont, MA
- Typical home value: $1,409,985
- 1-year price change: +1.3%
- 5-year price change: +29.8%
#9. Lincoln, MA
- Typical home value: $1,465,930
- 1-year price change: +4.2%
- 5-year price change: +41.9%
#8. Newton, MA
- Typical home value: $1,490,203
- 1-year price change: +3.5%
- 5-year price change: +35.8%
#7. Needham, MA
- Typical home value: $1,494,789
- 1-year price change: +4.6%
- 5-year price change: +43.9%
#6. Winchester, MA
- Typical home value: $1,511,873
- 1-year price change: +2.2%
- 5-year price change: +35.3%
#5. Lexington, MA
- Typical home value: $1,542,381
- 1-year price change: +3.5%
- 5-year price change: +40.3%
#4. Dover, MA
- Typical home value: $1,723,468
- 1-year price change: +4.2%
- 5-year price change: +40.5%
#3. Wellesley, MA
- Typical home value: $1,976,477
- 1-year price change: +4.5%
- 5-year price change: +45.3%
#2. Weston, MA
- Typical home value: $2,186,673
- 1-year price change: +6.1%
- 5-year price change: +53.7%
#1. New Castle, NH
- Typical home value: $2,361,946
- 1-year price change: +2.7%
- 5-year price change: +69.0%