MA Home Prices Continued Climbing In May, New Sales Report Shows

MASSACHUSETTS — Though it'd be unreasonable to read into the numerology of what an average home in Massachusetts costs, those in the market for a new home may use this as an opportunity to curse The Devil.

In The Warren Group's latest Massachusetts home sales report, the company found that the average Massachusetts home sale price for May was $666,125. That number is nearly 5 percent higher than May 2024.

In May, 4,010 single-family home sales were made in Massachusetts, a 2.4 percent increase from May 2024 when there were 3,915 transactions.

Warren Group Associate Publisher and Media Relations Director Cassidy Norton said the trend of greater home sales wasn't unique to just May.

“We talk a lot about lack of inventory, which is a problem, but still the state has seen an increase in the number of single-family sales since last year, as well as a rise in the median sale price,” said Norton.

Norton added that the median sale price is likely to continue climbing in the coming months, as the summer proves to be a hot time for the market.

“Median sale prices tend to follow a curve throughout the year, with the high point usually in June, so buyers who can hold on may see deals later in the year.”

• Related: New Home Prices In MA's Biggest City Outpacing Prior Years
• Related: The Average MA Home Price Increased Again In April

May's totals bring the year-to-date sale price in Massachusetts up to $620,000, a five percent increase from the same period last year.

The trend of greater home sales and higher median sale prices is uniform both in the state as a whole and in the Greater Boston market.

In May, 2,022 home sales were recorded, nearly a 4 percent uptick from the same period in 2024. That comes with a rise in home price as well, with the median sale completed at $835,000 in May 2025 as opposed to $800,000 in May of last year.

For the year-to-date metric, the median sale price for a home in Greater Boston sits at $785,000, a 5.5 percent increase from this time last year.

• See also: MA Housing Agency's Expanded First-Time Homebuyer Program Could Be A Salve Amid Record-High Market