PEABODY, June 17, 2025 – The Massachusetts median single-family home price was $666,125 in May 2025, an increase of 4.7 percent over May 2024, according to a new report from The Warren Group, a leading provider of national real estate and transaction data.
Single-Family Homes
| MA Single-Family Homes | MAY 2024 | MAY 2025 | % Change 2024-2025 |
| Single-Family Home Sales | 3,915 | 4,010 | 2.4% |
| YTD Single-Family Sales | 14,050 | 14,358 | 2.2% |
| Median Single-Family Home Price | $636,000 | $666,125 | 4.7% |
| YTD Median Single-Family Home Price | $590,000 | $620,000 | 5.1% |
In May, there were 4,010 single-family home sales in Massachusetts, a 2.4 percent increase from May 2024 when there were 3,915 transactions. Meanwhile, the median single-family home price increased 4.7 percent on a year-over-year basis to $666,125.
“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 Cassidy Norton, associate publisher and media relations director at The Warren Group. “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.”
Condominiums
| MA Condominiums | MONTH 2024 | MAY 2025 | % Change 2024-2025 |
| Condominium Sales | 1,923 | 1,946 | 1.2% |
| YTD Condominium Sales | 7,017 | 7,323 | 4.4% |
| Median Condominium Price | $550,000 | $550,000 | 0% |
| YTD Median Condominium Price | $530,000 | $539,900 | 1.9% |
There were 1,946 condominium sales in May 2025, compared to 1,923 in May 2024 – a 1.2 percent increase. Meanwhile, the median condo sale price changed not at all on a year-over-year basis; the median sale price in both May 2024 and May 2025 was $550,000.
There were 7,323 condominium sales in the first five months of 2025, a 1.2 percent increase from 2024, in which there were 7,017. Meanwhile, the year-to-date median sale price increased 1.9 percent from 2024 to $539,000.
“Similar to single-family sales, condo sales have increased over 2024, but price growth has been more constrained,” Norton continued. “The median condo sale price in May 2025 was the same as in May 2024.”
TOWN & COUNTY STATISTICS: Click for a breakdown of town sales statistics and county sales statistics.
Greater Boston Single-Family Home and Condo Markets
Included in this release is an overview of activity in the Greater Boston housing market. This analysis encompasses the 139 towns located within 495. Click here for a full list of the communities included in the analysis.
| Greater Boston Single-Family Homes |
MAY 2024 | MAY 2025 | % Change 2024-2025 |
| Single-Family Home Sales | 1,947 | 2,022 | 3.9% |
| YTD Single-Family Sales | 6,682 | 6,846 | 2.5% |
| Median Single-Family Home Price | $800,000 | $835,000 | 4.4% |
| YTD Median Single-Family Home Price | $743,950 | $785,000 | 5.5% |
There were 2,022 single-family home sales in the Greater Boston housing market in May 2025, which marked a 3.9 percent increase from May 2024, when there were 19,47 transactions. Meanwhile, the median single-family sale price increased 4.4 percent on a year-over-year basis to $835,000. Year-to-date, there were 6,846 single-family home sales in the Greater Boston housing market in 2025 – up 2.5 percent from 2024 – with a median sale price of $785,000 – up 5.5 percent from 2024.
| Greater Boston Condominiums | MAY 2024 | MAY 2025 | % Change 2024-2025 |
| Condominium Sales | 1,424 | 1,485 | 4.3% |
| YTD Condominium Sales | 5,134 | 5,294 | 3.1% |
| Median Condominium Price | $635,000 | $635,000 | 0% |
| YTD Median Condominium Price | $620,000 | $630,000 | 1.6% |
In May, there were 1,485 condo sales in the Greater Boston housing market, up from 1,424 sales in May 2024, marking a 4.3 percent increase. Meanwhile, the median condo price did not change; it was $635,000 in May 2024 and 2025. Year-to-date, there were 5,294 condo sales in the Greater Boston housing market in 2025 – up 3.1 percent from 2024 – with a median sale price of $630,000 – up 1.6 percent from 2024.
ABOUT THE WARREN GROUP
Customers use The Warren Group to identify new business opportunities through access to comprehensive real estate and mortgage data, analytics, and industry news coverage. Established in 1872, The Warren Group is now in its fourth generation of family ownership and management. It is the publisher of Banker & Tradesman, The Commercial Record, and The Registry Review. For more information visit www.thewarrengroup.com.
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