The Massachusetts housing market saw a significant shift in 2025, with the median home sale price surpassing $1 million in more than 50 communities. According to data released by The Warren Group and reported by WBZ-TV media partner The Boston Business Journal, nine cities and towns recorded a median home sale price of at least $2 million.
Leading the pack, Boston emerged as the priciest location, with a staggering median sale price of $3,092,500. The overall median single-family home sale price across Massachusetts reached $638,000, marking a 3.7% increase from 2024.
The report highlights a trend towards stabilization in the housing market. “The housing market showed signs of stabilizing in 2025,” said Cassidy Norton, a spokesperson for The Warren Group. “The number of sales and median sale prices rose moderately rather than at a breakaway pace, indicating a better balance between sellers and buyers.” Contributing factors to this stabilization include increased inventory and consistent mortgage rates.
Communities with Million-Dollar Homes
The following towns and cities in Massachusetts reported median home sale prices exceeding $1 million in 2025:
– **Barnstable County**
– Chatham: $1,309,000
– Orleans: $1,175,000
– Osterville: $1,165,000
– Provincetown: $2,144,000
– Truro: $1,244,500
– **Berkshire County**
– Alford: $1,027,500
– **Dukes County**
– Aquinnah: $2,750,000
– Chilmark: $2,512,500
– Edgartown: $1,700,000
– Oak Bluffs: $1,292,510
– Tisbury: $1,250,000
– West Tisbury: $1,500,000
– **Essex County**
– Andover: $1,073,000
– Boxford: $1,075,000
– Lynnfield: $1,000,000
– Manchester: $1,350,000
– Marblehead: $1,004,500
– Newburyport: $1,100,000
– Wenham: $1,100,000
– West Newbury: $1,000,000
– **Middlesex County**
– Arlington: $1,207,500
– Bedford: $1,050,000
– Belmont: $1,700,000
– Cambridge: $2,175,000
– Carlisle: $1,440,000
– Concord: $1,722,500
– Hopkinton: $1,010,000
– Lexington: $1,790,000
– Lincoln: $1,497,500
– Newton: $1,825,000
– Sherborn: $1,340,000
– Somerville: $1,287,500
– Sudbury: $1,152,000
– Watertown: $1,000,000
– Wayland: $1,175,000
– Weston: $2,575,000
– Winchester: $1,737,500
– **Nantucket County**
– Nantucket: $2,618,750
– **Norfolk County**
– Brookline: $2,675,000
– Cohasset: $1,422,500
– Dover: $1,665,000
– Medfield: $1,076,250
– Milton: $1,025,000
– Needham: $1,684,000
– Wellesley: $2,200,000
– Westwood: $1,232,500
– **Plymouth County**
– Duxbury: $1,122,000
– Hingham: $1,337,500
– Norwell: $1,175,000
– Scituate: $1,100,000
– **Suffolk County**
– Boston: $3,092,500
– Brighton: $1,000,000
– Charlestown: $1,729,250
– Jamaica Plain: $1,256,250
– South Boston: $1,031,500
The data indicates a clear trend of rising home values in Massachusetts, particularly in affluent areas, suggesting a robust market that continues to attract both buyers and investors. As the market evolves, potential homebuyers may find opportunities amid increasing inventory and a more favorable balance between supply and demand.
