Greater Boston Home Prices Continue To Rise In 2025, Study Finds

Home prices in Greater Boston are up nearly 5 percent so far in 2025 from the same period in 2024, new data found.

The Warren Group recently released its August home sales report, which found that median home prices are up across the state, but the same is true in Greater Boston.

There were 2,236 single-family home sales in the Greater Boston housing market in August 2025, which marked a 0.9 percent increase from August 2024, when there were 2,215 transactions.

The median single-family sale price increased 3.1 percent on a year-over-year basis to $820,000. Year-to-date, there were 13,963 single-family home sales in the Greater Boston housing market in 2025 – up 2.9 percent from 2024 – with a median sale price of $810,000 – up 4.5 percent from 2024.

“Following the usual pattern, the median sale price in August was up versus 2024 but down versus July,” said Cassidy Norton, Associate Publisher and Media Relations Director of The Warren Group.

However, Norton said, some factors could contribute to friendlier conditions for buyers in the coming months.

“Buyers who are looking now are likely to see lower prices and reductions from earlier in the year. Interest rates are down at the moment, which may help some buyers and sellers decide to enter the market,” Norton said.

Meanwhile, the Greater Boston condo market is actually down in price, but just slightly.

In August, there were 1,360 condo sales in the Greater Boston housing market compared to 1,331 sales in August 2024, marking a 2.2 percent increase. Meanwhile, the median condo price decreased 3.2 percent on the same basis to $600,000, down from $620,000 a year earlier.

Year-to-date, there were 9,603 condo sales in the Greater Boston housing market in 2025 – up 2.7 percent from 2024 – with a median sale price of $626,000 – a decrease of 0.6 percent.

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