Massachusetts Real Estate Market: Forecasts + Trends

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By Clever Real Estate Updated February 20, 2023

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Massachusetts real estate trends

Real estate trends in Massachusetts | Sellers | Buyers | Investors | The best and worst of Massachusetts | Massachusetts resources

From the rolling Berkshires in the west to Boston's fresh ocean breezes, Massachusetts offers plenty of opportunities to experience New England's unique landscape and culture.

Technically a commonwealth, the Bay State is known around the world for its high concentration of universities and outstanding seafood.

Though it gets an average of 47 inches of snow per year, Massachusetts has a surprisingly mild climate, with weather that rarely dips below freezing or above 91 degrees.

If you're thinking of buying or selling in Massachusetts, these Massachusetts housing predictions and stats can help you make an informed decision.

Want to save money when you buy or sell your home? With Clever, you'll only pay 1.5% or $3K in listing fees. Eligible buyers get cash back after closing. Find out how much you can save with Clever today!

Selling a home in Massachusetts

Massachusetts real estate market forecast for sellers
⏰ Homes are selling 6 days faster than the annual average 💰 Homes are selling for $24,746 more than the annual average
💸 Average listing commission: 3.10% 💸 Average buyer's commission: 2.35%
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How to sell a home in Massachusetts

Cost to sell a home in Massachusetts

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Buying a home in Massachusetts

How much home you can buy with $300,000 in...
🏠 Boston: 612 sq ft 🏡 Springfield: 1,299 sq ft
🏡 Worcester: 1,064 sq ft 🏠 Pittsfield: 1,141 sq ft
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Investing in Massachusetts real estate

Best of Massachusetts

💡 Did you know…

The Clever Data Center ranked Boston, Massachusetts among the top 10 best coffee cities in the country?

Boston has about 22 coffee shops per capita to match the taste preferences of all Bostonians. It was even the birthplace of one of the nation's most popular coffee chains, Dunkin' Donuts!

» Thirsty for more info? ☕ Read our full study here: The Best Coffee Cities in America

Each month, we compare locations in Massachusetts based on different criteria. This month, we're looking at levels of happiness and ranking the best counties in the state.

Happiest Counties in Massachusetts
1. Middlesex County
2. Norfolk County
3. Essex County
4. Suffolk County
5. Plymouth County
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Worst of Massachusetts

Each month, we compare locations in Massachusetts based on a different criteria. This month we're looking at levels of happiness data. These are the counties that ranked the worst in the state.

Least Happy Counties in Massachusetts
1. Nantucket County
2. Hampden County
3. Bristol County
4. Dukes County
5. Barnstable County
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Massachusetts resources

👋 Next Steps: Talk to an expert

If you're weighing your options for buying or selling a house, Clever can help!

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When you enter your info below, we'll ask you a few questions about your situation via a short form. Then our concierge team will be in touch shortly to help.

This service is free, and there’s never any obligation to move forward with us.

Frequently asked questions about Massachusetts real estate

Is it a buyer's or seller's market in Massachusetts?

It is currently a seller’s market in Massachusetts. Demand is high in the state, driving sales prices up. However, take note that each city and town is different, which is why it’s best to work with a top real estate agent that understands the actual market trends in your area.

Is Massachusetts a good state to invest in real estate?

Yes, Massachusetts is a good place to invest in real estate, especially in bigger cities like Boston and Worcester. However, if you want to maximize your investment, you will first need to research which neighborhoods to buy in and how to manage the properties. Find out more in our guide to real estate investing.

Is it a good time to buy a house in Massachusetts?

It might not be the best time to purchase a house in Massachusetts, as listing prices and mortgage rates are higher than normal. If you’re determined to buy, then work with a top real estate agent to help you find a good deal.

Methodology

Clever's analysis of state market trends is based on local data from Zillow, realtor.com, Redfin, Bankrate, the U.S. Census, and Clever surveys. Our team of over 20 real estate analysts from across the country research local markets and data to compile our "Best" and "Worst" rankings.

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