Average MA Home Sold For $600K In March. What About On Cape Cod?

MASSACHUSETTS — Prices for the average Massachusetts home continue to rise, with March's total reaching $600,000, a new report showed.

The Warren Group published its March home sales report, finding that the 2025 price topped the 2024 median price by $20,000. So far this year, the average price of all homes sold is $15,000 more than the same period in 2024.

There were 7,326 single-family home sales in the first three months of 2025, a 3 percent increase from 2024. The median single-family home sale price increased 5.3 percent on the same basis to $585,000.

Home sales in Massachusetts are up compared to this time last year, with over 300 more homes off the market than the previous period. March didn't follow that trend, however, with about 100 less homes selling across the Commonwealth.

In Barnstable County, only 171 homes sold last month compared to 207 in March 2024, adding to the declining number for the year-to-date.

Prices are increasing across the Cape, however, with the average sale price up nearly 6 percent in 2025 to $704,000 compared to $665,000 from this time last year.

"Though the number of single-family home sales declined slightly on a year-over-year basis, the number of year-to-date sales is up versus 2024," the Warren Group's Associate Publisher and Media Relations Director Cassie Norton said.

"Hopefully that's an indication that the number of homes on the market is increasing and easing the inventory crunch somewhat," Norton added.

However, that doesn't necessarily mean prospective home buyers will have an easier time.

"Given the current state of the federal government, it's impossible to predict what interest rates will do, or whether inflation will continue to constrain the buying power of prospective home buyers," Norton said.

Recently, the Barnstable County Assembly of Delegates declared a housing crisis, voting to advance a resolution that calls on Cape Cod’s government to take a leadership role in developing regional solutions.

Related: Cape Cod Has A Housing Crisis, County Officials Say