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Cities with the Fastest Growing Home Prices in Massachusetts

The real estate frenzy fueled by the coronavirus pandemic continues, albeit at a slower pace. Buyers are still competing for a limited supply of housing, causing prices for affordable housing to rise.

The typical home value in the United States was $359,402 in April, up 4.4% from the year before.

Rising mortgage rates have slowed growth and in some places prices have even fallen. But in some areas we are still seeing price increases compared to the year before.

Using data from Zillow, Stacker has compiled a list of cities with the fastest growing home prices in Massachusetts. Cities are ranked by dollar change in the Zillow Home Values ​​Index for all homes from the 12 months ending April 2024. The graphs in this story were created automatically using Matplotlib. Data was available for 50 cities and towns in Massachusetts.

#50. Essex

– Typical home value: $853,116 – 1-year price change: +$81,907 (+10.6%) – 5-year price change: +$305,340 (+55.7%) – Metro area: Boston-Cambridge-Newton, MA-NH

#49. Boxboro

– Typical home value: $739,769 – 1-year price change: +$83,286 (+12.7%) – 5-year price change: +$248,011 (+50.4%) – Metro area: Boston-Cambridge-Newton, MA-NH

#48. Southborough

– Typical home value: $939,755 – 1-year price change: +$84,022 (+9.8%) – 5-year price change: +$316,540 (+50.8%) – Metropolitan area: Worcester, MA-CT

#47. Harwich harbour

– Typical home value: $1,042,727 – 1-year price change: +$85,053 (+8.9%) – 5-year price change: +$426,268 (+69.1%) – Metro area: Barnstable Town, MA

#46. Sharon

– Typical home value: $849,122 – 1-year price change: +$85,277 (+11.2%) – 5-year price change: +$255,001 (+42.9%) – Metro area: Boston-Cambridge-Newton, MA-NH

#45. West Newbury

– Typical home value: $903,199 – 1-year price change: +$85,721 (+10.5%) – 5-year price change: +$307,480 (+51.6%) – Metro area: Boston-Cambridge-Newton, MA-NH

#44. Marble head

– Typical home value: $1,003,957 – 1-year price change: +$86,829 (+9.5%) – 5-year price change: +$311,207 (+44.9%) – Metro area: Boston-Cambridge-Newton, MA -NH

#43. Westford

– Typical home value: $830,887 – 1-year price change: +$87,189 (+11.7%) – 5-year price change: +$269,529 (+48.0%) – Metro area: Boston-Cambridge-Newton, MA-NH

#42. Newbury

– Typical home value: $866,720 – 1-year price change: +$87,892 (+11.3%) – 5-year price change: +$314,077 (+56.8%) – Metro area: Boston-Cambridge-Newton, MA-NH

#41. Melrose

– Typical home value: $886,292 – 1-year price change: +$88,148 (+11.0%) – 5-year price change: +$237,062 (+36.5%) – Metro area: Boston-Cambridge-Newton, MA-NH

#40. Newburyport

– Typical home value: $867,761 – 1-year price change: +$88,799 (+11.4%) – 5-year price change: +$306,407 (+54.6%) – Metro area: Boston-Cambridge-Newton, MA-NH

#39. Norwell

– Typical home value: $964,756 – 1-year price change: +$89,262 (+10.2%) – 5-year price change: +$321,895 (+50.1%) – Metro area: Boston-Cambridge-Newton, MA-NH

#38. Boxford

– Typical home value: $1,028,771 – 1-year price change: +$90,092 (+9.6%) – 5-year price change: +$351,016 (+51.8%) – Metro area: Boston-Cambridge-Newton, MA-NH

#37. To trade

– Typical home value: $873,384 – 1-year price change: +$90,180 (+11.5%) – 5-year price change: +$287,263 (+49.0%) – Metro area: Boston-Cambridge-Newton, MA-NH

#36. Wellfleet

– Typical home value: $945,987 – 1-year price change: +$91,293 (+10.7%) – 5-year price change: +$395,829 (+71.9%) – Metro area: Barnstable Town, MA

#35. Sherborn

– Typical home value: $1,202,971 – 1-year price change: +$94,139 (+8.5%) – 5-year price change: +$364,101 (+43.4%) – Metro area: Boston-Cambridge-Newton, MA -NH

#34. Dover

– Typical home value: $1,672,250 – 1-year price change: +$98,946 (+6.3%) – 5-year price change: +$506,692 (+43.5%) – Metro area: Boston-Cambridge-Newton, MA -NH

#33. Andover

– Typical home value: $963,785 – 1-year price change: +$99,550 (+11.5%) – 5-year price change: +$330,190 (+52.1%) – Metro area: Boston-Cambridge-Newton, MA-NH

#32. Sudbury

– Typical home value: $1,146,212 – 1-year price change: +$102,420 (+9.8%) – 5-year price change: +$386,722 (+50.9%) – Metro area: Boston-Cambridge-Newton, MA-NH

#31. Milton

– Typical home value: $1,024,235 – 1-year price change: +$102,625 (+11.1%) – 5-year price change: +$289,082 (+39.3%) – Metro area: Boston-Cambridge-Newton, MA -NH

#30. Bedford

– Typical home value: $1,023,998 – 1-year price change: +$105,447 (+11.5%) – 5-year price change: +$289,983 (+39.5%) – Metro area: Boston-Cambridge-Newton, MA -NH

#29. Natic

– Typical home value: $880,460 – 1-year price change: +$106,538 (+13.8%) – 5-year price change: +$256,698 (+41.2%) – Metro area: Boston-Cambridge-Newton, MA-NH

#28. Lynnfield

– Typical home value: $1,069,814 – 1-year price change: +$106,930 (+11.1%) – 5-year price change: +$367,215 (+52.3%) – Metro area: Boston-Cambridge-Newton, MA-NH

#27. Reading

– Typical home value: $875,323 – 1-year price change: +$107,179 (+14.0%) – 5-year price change: +$263,653 (+43.1%) – Metro area: Boston-Cambridge-Newton, MA-NH

#26. Nahant

– Typical home value: $942,786 – 1-year price change: +$108,030 (+12.9%) – 5-year price change: +$368,619 (+64.2%) – Metro area: Boston-Cambridge-Newton, MA-NH

#25. Forest hole

– Typical home value: $1,337,627 – 1-year price change: +$108,054 (+8.8%) – 5-year price change: +$581,958 (+77.0%) – Metro area: Barnstable Town, MA

#24. Duxbury

– Typical home value: $1,047,880 – 1-year price change: +$108,219 (+11.5%) – 5-year price change: +$401,329 (+62.1%) – Metro area: Boston-Cambridge-Newton, MA -NH

#23. Medfield

– Typical home value: $1,026,691 – 1-year price change: +$110,842 (+12.1%) – 5-year price change: +$345,403 (+50.7%) – Metro area: Boston-Cambridge-Newton, MA-NH

#22. Edgartown

– Typical home value: $1,854,686 – 1-year price change: +$111,079 (+6.4%) – 5-year price change: +$786,277 (+73.6%) – Metro area: Vineyard Haven, MA

#21. Tisbury

– Typical home value: $1,283,198 – 1-year price change: +$111,977 (+9.6%) – 5-year price change: +$547,979 (+74.5%) – Metro area: Vineyard Haven, MA

#20. Oak Bluffs

– Typical home value: $1,227,256 – 1-year price change: +$112,457 (+10.1%) – 5-year price change: +$516,460 (+72.7%) – Metro area: Vineyard Haven, MA

#19. Arlington

– Typical home value: $1,054,449 – 1-year price change: +$114,522 (+12.2%) – 5-year price change: +$266,344 (+33.8%) – Metro area: Boston-Cambridge-Newton, MA -NH

#18. Manchester

– Typical home value: $1,265,653 – 1-year price change: +$114,828 (+10.0%) – 5-year price change: +$440,772 (+53.4%) – Metro area: Boston-Cambridge-Newton, MA -NH

#17. Westwood

– Typical home value: $1,183,222 – 1-year price change: +$121,527 (+11.4%) – 5-year price change: +$399,022 (+50.9%) – Metro area: Boston-Cambridge-Newton, MA-NH

#16. Hingham

– Typical home value: $1,267,739 – 1-year price change: +$122,755 (+10.7%) – 5-year price change: +$444,056 (+53.9%) – Metro area: Boston-Cambridge-Newton, MA -NH

#15. Carlisle

– Typical home value: $1,333,191 – 1-year price change: +$123,654 (+10.2%) – 5-year price change: +$476,420 (+55.6%) – Metro area: Boston-Cambridge-Newton, MA -NH

#14. Wayland

– Typical home value: $1,125,764 – 1-year price change: +$123,710 (+12.3%) – 5-year price change: +$378,149 (+50.6%) – Metro area: Boston-Cambridge-Newton, MA-NH

#13. Wenham

– Typical home value: $1,009,917 – 1-year price change: +$129,836 (+14.8%) – 5-year price change: +$369,679 (+57.7%) – Metro area: Boston-Cambridge-Newton, MA -NH

#12. Cohasset

– Typical home value: $1,358,311 – 1-year price change: +$130,767 (+10.7%) – 5-year price change: +$483,503 (+55.3%) – Metro area: Boston-Cambridge-Newton, MA-NH

#11. Lincoln

– Typical home value: $1,482,902 – 1-year price change: +$141,279 (+10.5%) – 5-year price change: +$488,948 (+49.2%) – Metro area: Boston-Cambridge-Newton, MA -NH

#10. Belmont

– Typical home value: $1,462,645 – 1-year price change: +$149,881 (+11.4%) – 5-year price change: +$414,229 (+39.5%) – Metro area: Boston-Cambridge-Newton, MA -NH

#9. Winchester

– Typical home value: $1,515,458 – 1-year price change: +$154,064 (+11.3%) – 5-year price change: +$444,370 (+41.5%) – Metro area: Boston-Cambridge-Newton, MA -NH

#8. West Tisbury

– Typical home value: $1,647,969 – 1-year price change: +$166,838 (+11.3%) – 5-year price change: +$722,975 (+78.2%) – Metro area: Vineyard Haven, MA

#7. Newton

– Typical home value: $1,503,877 – 1-year price change: +$168,435 (+12.6%) – 5-year price change: +$407,226 (+37.1%) – Metro area: Boston-Cambridge-Newton, MA -NH

#6. Nantucket

– Typical home value: $2,774,092 – Price change over 1 year: +$171,632 (+6.6%) – Price change over 5 years: +$983,325 (+54.9%) – Urban area: not in an urban area

#5. Agreement

– Typical home value: $1,432,479 – 1-year price change: +$174,163 (+13.8%) – 5-year price change: +$490,660 (+52.1%) – Metro area: Boston-Cambridge-Newton, MA -NH

#4. Wellesley

– Typical home value: $1,944,397 – 1-year price change: +$181,823 (+10.3%) – 5-year price change: +$618,142 (+46.6%) – Metro area: Boston-Cambridge-Newton, MA -NH

#3. Lexington

– Typical home value: $1,576,248 – 1-year price change: +$182,173 (+13.1%) – 5-year price change: +$486,939 (+44.7%) – Metro area: Boston-Cambridge-Newton, MA -NH

#2. Needham

– Typical home value: $1,496,985 – 1-year price change: +$194,963 (+15.0%) – 5-year price change: +$503,767 (+50.7%) – Metro area: Boston-Cambridge-Newton, MA -NH

#1. Weston

– Typical home value: $2,230,122 – 1-year price change: +$250,202 (+12.6%) – 5-year price change: +$787,994 (+54.6%) – Metro area: Boston-Cambridge-Newton, MA-NH.

This story features data reporting and writing by Elena Cox and is part of a series using data automation in 50 states.

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