Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$725,639+2.1% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 21% have cut their price
Income needed to buy, per year$157,303About 1.3× the local median income ($117,973): a stretch for a typical household
Days on market38 daysAbout the same pace as a year ago
Next 12 months+1.4%Zillow expects prices to rise slightly
The typical home in Boston-Cambridge-Newton, MA-NH is worth $725,639, up 2.1% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $672,180, so the area is 8.0% overvalued. It is a balanced market, leaning toward buyers: homes take about 38 days to sell, listings are up 25% from a year ago, 21% of listings have had a price cut. Zillow expects prices to rise about 1.4% over the next year. A household needs about $157,303 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $117,973. Typical rent is $2,987 a month, or $3,500 for a house. In the latest IRS figures, 26,113 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$725,639
Change in 1 year
+2.1%
Overvalued %
+8.0%
Show 7 more
Fair home value
$672,180
Change in 5 years
+23.8%
Zillow forecast, next 12 months
+1.4%
Home value to income
6.2×
Monthly mortgage payment (20% down)
$3,933
Income needed to afford it
$157,303
Property tax rate
1.06%
Rent and investing
Typical rent
$2,987
Typical rent for houses
$3,500
Price-to-rent ratio
20.2×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$2,830
Gross rental yield
4.94%
Cap rate (estimate)
3.21%
Market activity
Listings vs a year ago
+24.9%
Days on market
38
Listings with a price cut
21.3%
Show 3 more
Homes for sale
9,910
Pending sales per 100 listings
55
Asking price per sq ft
$454
People and jobs
Median household income
$117,973
Population change (1 year)
+0.2%
Unemployment rate
4.9%
Show 4 more
Population
5,034,221
Income adjusted for cost of living
$108,932
Net moves in (IRS)
−26,113
Cost of living (US = 100)
108.3
Schools, risk and environment
School rating (1 to 10)
6.2
FEMA hazard risk score (0 to 100)
93.1
Unhealthy air days a year
2
Show 4 more
Flood risk score
95.9
Wildfire risk score
52.5
Walkability (1 to 20)
11.5
Road, rail and air noise
54 dB
Questions people ask
Is Boston-Cambridge-Newton, MA-NH overvalued?
Home prices in Boston-Cambridge-Newton, MA-NH are slightly above what local incomes have historically supported: fair value is about $672,180, so the area is 8.0% overvalued.
Is Boston-Cambridge-Newton, MA-NH a buyer's or seller's market?
Boston-Cambridge-Newton, MA-NH is a balanced market, leaning toward buyers: homes take about 38 days to sell, listings are up 25% from a year ago, 21% of listings have had a price cut.
Are home prices going down in Boston-Cambridge-Newton, MA-NH?
Home values in Boston-Cambridge-Newton, MA-NH are up 2.1% over the last year. Zillow's forecast for the next 12 months is +1.4%.
How much do you need to earn to buy a home in Boston-Cambridge-Newton, MA-NH?
A household needs about $157,303 a year to afford the typical home in Boston-Cambridge-Newton, MA-NH at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $117,973.