Massachusetts Real Estate Market in 2022: Forecasts + Trends

Clever Real Estate


Clever Real Estate

May 1st, 2022
Updated May 1st, 2022


Massachusetts real estate trends

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

Massachusetts real estate trends (May 2022)

How is the real estate market in Massachusetts?
🏠 Average home value: $577,676
📈 1.50% home value increase month over month
💰 Median sale price: $539,300
⏳ 36 days on the market
🔑 Homes on the market: 4,787
📆 1.8 months of housing inventory
🏦 30-year mortgage rate: 3.15%
💵 Average income: $84,805
State of the market: A-
Home values are very high in Massachusetts — and listing prices are even higher. While there are more homes for sale than in other hot markets, homes are selling very quickly. Sellers who price their properties realistic should find a buyer in no time.
*Data last updated May 2022

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.

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Selling a home in Massachusetts

Massachusetts real estate market forecast for sellers
⏰ Homes are selling 9 days faster than the annual average
💰 Homes are selling for $47,000 more than the annual average
💸 Average listing commission: 2.70%
💸 Average buyer's commission: 2.30%

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: 655 sq ft
🏡 Springfield: 1,442 sq ft
🏡 Worcester: 1,230 sq ft
🏠 Pittsfield: 1,288 sq ft

Investing in Massachusetts real estate

Best of Massachusetts

Each month, we compare cities in Massachusetts based on different criteria. This month, we're looking at affordability and ranking the best cities in the state.

Most Affordable Cities in Massachusetts
1. Springfield
2. Worcester
3. Pittsfield

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Worst of Massachusetts

Each month, we compare cities in Massachusetts based on a different criteria. This month we're looking at affordability data. These are the cities that ranked the worst in the state.

Least Affordable Cities in Massachusetts
1. Athol
2. Barnstable Town
3. Boston-Cambridge-Newton

Massachusetts resources

👋 Next Steps: Talk to an expert!

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Frequently asked questions about Massachusetts 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.

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.


Clever's analysis of state market trends is based on local data from Zillow,, Redfin, S&P Global, 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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