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 $372,057 in June, 1.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 16, the sits at 6.55%.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: $1,090,196
- 1-year price change: +5.8%
- 5-year price change: +40.1%
#29. Boxford, MA
- Typical home value: $1,091,182
- 1-year price change: +1.1%
- 5-year price change: +27.2%
#28. Wenham, MA
- Typical home value: $1,093,937
- 1-year price change: +4.1%
- 5-year price change: +39.6%
#27. Medfield, MA
- Typical home value: $1,102,218
- 1-year price change: +2.9%
- 5-year price change: +33.3%
#26. Arlington, MA
- Typical home value: $1,103,948
- 1-year price change: +2.1%
- 5-year price change: +25.5%
#25. Milton, MA
- Typical home value: $1,110,941
- 1-year price change: +2.3%
- 5-year price change: +25.0%
#24. Brookline, MA
- Typical home value: $1,111,679
- 1-year price change: -4.9%
- 5-year price change: +2.5%
#23. Lynnfield, MA
- Typical home value: $1,130,158
- 1-year price change: +1.7%
- 5-year price change: +27.9%
#22. Duxbury, MA
- Typical home value: $1,147,098
- 1-year price change: +4.7%
- 5-year price change: +41.0%
#21. Newington, NH
- Typical home value: $1,160,372
- 1-year price change: +3.8%
- 5-year price change: +34.3%
#20. Sudbury, MA
- Typical home value: $1,183,449
- 1-year price change: +0.5%
- 5-year price change: +33.7%
#19. Wayland, MA
- Typical home value: $1,184,707
- 1-year price change: +1.2%
- 5-year price change: +34.2%
#18. Sherborn, MA
- Typical home value: $1,253,768
- 1-year price change: +1.8%
- 5-year price change: +30.9%
#17. Westwood, MA
- Typical home value: $1,276,466
- 1-year price change: +1.9%
- 5-year price change: +32.7%
#16. Rye, NH
- Typical home value: $1,321,834
- 1-year price change: +5.4%
- 5-year price change: +49.5%
#15. Carlisle, MA
- Typical home value: $1,354,838
- 1-year price change: +0.6%
- 5-year price change: +30.4%
#14. Hingham, MA
- Typical home value: $1,381,375
- 1-year price change: +6.9%
- 5-year price change: +37.6%
#13. Manchester, MA
- Typical home value: $1,398,745
- 1-year price change: +4.5%
- 5-year price change: +37.8%
#12. Concord, MA
- Typical home value: $1,468,269
- 1-year price change: +0.4%
- 5-year price change: +33.3%
#11. Cohasset, MA
- Typical home value: $1,483,838
- 1-year price change: +5.6%
- 5-year price change: +39.4%
#10. Belmont, MA
- Typical home value: $1,501,125
- 1-year price change: +0.9%
- 5-year price change: +26.5%
#9. Lincoln, MA
- Typical home value: $1,556,828
- 1-year price change: +2.2%
- 5-year price change: +32.1%
#8. Newton, MA
- Typical home value: $1,564,706
- 1-year price change: +2.0%
- 5-year price change: +29.4%
#7. Needham, MA
- Typical home value: $1,589,517
- 1-year price change: +5.2%
- 5-year price change: +35.5%
#6. Winchester, MA
- Typical home value: $1,598,629
- 1-year price change: +1.5%
- 5-year price change: +29.0%
#5. Lexington, MA
- Typical home value: $1,626,351
- 1-year price change: +2.3%
- 5-year price change: +33.1%
#4. Dover, MA
- Typical home value: $1,816,197
- 1-year price change: +2.5%
- 5-year price change: +31.8%
#3. Wellesley, MA
- Typical home value: $2,083,642
- 1-year price change: +3.9%
- 5-year price change: +38.1%
#2. Weston, MA
- Typical home value: $2,311,502
- 1-year price change: +5.0%
- 5-year price change: +42.8%
#1. New Castle, NH
- Typical home value: $2,489,813
- 1-year price change: +1.9%
- 5-year price change: +54.9%