Massachusetts
Local Housing Market · Zillow ZHVI · March 2026
$656,690
Typical Home Value
▲ 1.6% YoY ▲ 0.11% MoM
6.37%
30Y Mortgage Rate
PMMS · May 07, 2026
44bps
YoY Rate Change
▼ Lower than 1yr ago
199bps
30Y/10Y Spread
Norm ~170bps
🏘 Massachusetts Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$656,690
▲ 1.6% YoY
Month-over-Month
▲ 0.11% MoM
March 2026
Data Period
March 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.37%
PMMS · May 07, 2026
15Y Fixed
5.72%
PMMS · May 07, 2026
1yr Ago 30Y
6.81%
▼ Rates lower now
30Y/10Y Spread
199bps
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 · April 2026
• Inventory is up 11.8% YoY and listing prices are softening 4.4% YoY with 12.3% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 27 days — a fast-moving market. Pending ratio is 0.25 — moderate demand, purchase timelines are manageable.
• New listings are roughly flat 0.3% YoY. Seller activity is stable.
Median Listing Price
$764,500
▼ 4.4% YoY
Median Days on Market
27d
0d YoY
Active Listings
9,267
▲ 11.8% YoY
New Listings
8,494
▲ 0.3% YoY
Price Reduced Share
12.3%
of active listings
Pending Ratio
0.25
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) · April 2026
Springfield
STABLE
National rank #1
Median Price
$365,000
Median DOM
22d
Demand score 99/100
Worcester
▼ COOLING
National rank #11
Median Price
$572,450
Median DOM
24d
Demand score 91/100
Amherst Town-Northampton
▼ COOLING
National rank #16
Median Price
$541,625
Median DOM
33d
Demand score 96/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply