Massachusetts
Local Housing Market · Zillow ZHVI · July 2026
$669,053
Typical Home Value
▲ 2.1% YoY ▲ 0.13% MoM
6.65%
30Y Mortgage Rate
PMMS · Aug 20, 2026
9bps
YoY Rate Change
▲ Higher than 1yr ago
195bps
30Y/10Y Spread
Norm ~170bps
🏘 Massachusetts Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$669,053
▲ 2.1% YoY
Month-over-Month
▲ 0.13% MoM
July 2026
Data Period
July 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.65%
PMMS · Aug 20, 2026
15Y Fixed
5.95%
PMMS · Aug 20, 2026
1yr Ago 30Y
6.56%
▲ Rates higher now
30Y/10Y Spread
195bps
Tight · 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 · July 2026
• Inventory is up 11.8% YoY and listing prices are softening 6.0% YoY with 15.3% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 46 days — a moderate-paced market. Pending ratio is 0.83 — strong buyer demand, expect competitive purchase timelines.
• New listings are roughly flat 1.8% YoY. Seller activity is stable.
Median Listing Price
$749,450
▼ 6.0% YoY
Median Days on Market
46d
0d YoY
Active Listings
12,616
▲ 11.8% YoY
New Listings
6,730
▲ 1.8% YoY
Price Reduced Share
15.3%
of active listings
Pending Ratio
0.83
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) · July 2026
Springfield
▼ COOLING
National rank #15
Median Price
$379,950
Median DOM
37d
Demand score 95/100
Amherst Town-Northampton
▼ COOLING
National rank #30
Median Price
$579,000
Median DOM
37d
Demand score 86/100
Worcester
▼ COOLING
National rank #57
Median Price
$569,450
Median DOM
43d
Demand score 80/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply