Massachusetts
Local Housing Market · Zillow ZHVI · September 2026
$655,219
Typical Home Value
▲ 2.3% YoY ▲ 0.20% MoM
7.40%
30Y Mortgage Rate
PMMS · Oct 15, 2026
121bps
YoY Rate Change
▲ Higher than 1yr ago
230bps
30Y/10Y Spread
Norm ~170bps
🏘 Massachusetts Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$655,219
▲ 2.3% YoY
Month-over-Month
▲ 0.20% MoM
September 2026
Data Period
September 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
7.40%
PMMS · Oct 15, 2026
15Y Fixed
6.71%
PMMS · Oct 15, 2026
1yr Ago 30Y
6.19%
▲ Rates higher now
30Y/10Y Spread
230bps
Normal · norm ~170bps
Freddie Mac PMMS via FRED · National rates · State-specific rates may vary slightly
📋 Realtor.com Market Data · Massachusetts
Market Indicators
REALTOR.COM🏦 LO Market Signal · September 2026
• Inventory is up 18.1% YoY and listing prices are softening 5.2% YoY with 17.2% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 45 days — a moderate-paced market. Pending ratio is 0.59 — strong buyer demand, expect competitive purchase timelines.
• New listings are roughly flat 1.4% YoY. Seller activity is stable.
Median Listing Price
$714,250
▼ 5.2% YoY
Median Days on Market
45d
0d YoY
Active Listings
13,958
▲ 18.1% YoY
New Listings
8,290
▼ 1.4% YoY
Price Reduced Share
17.2%
of active listings
Pending Ratio
0.59
pending ÷ active
Realtor.com Research · State-level inventory data · Updated monthly
Hottest Markets in Massachusetts
REALTOR.COMTop metros by national hotness rank (supply + demand composite) · September 2026
Springfield
▼ COOLING
National rank #17
Median Price
$379,900
Median DOM
39d
Demand score 95/100
Amherst Town-Northampton
▼ COOLING
National rank #50
Median Price
$569,000
Median DOM
47d
Demand score 87/100
Worcester
▼ COOLING
National rank #59
Median Price
$549,997
Median DOM
46d
Demand score 80/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply