• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Contact Us

Agency Checklists

Massachusetts Insurance News & Job Opportunities

You are here: Home / Legislative & Economic News / Median home sale price clears $666,000 in Massachusetts

Median home sale price clears $666,000 in Massachusetts

June 23, 2025 by Colin Young, SHNS


Most Affordable Homes Sold in Western Mass.

The median sale price for a single-family home in Massachusetts climbed in May to a number that might be a fitting representation of the devilish process of trying to buy a home here: just more than $666,000.

Real estate market analysts at The Warren Group said Tuesday that there were 4,010 single-family home sales in the Bay State last month, a 2.4% increase over May 2024’s sales. The median price paid for those homes was up 4.7% year-over-year basis to hit $666,125, the organization said.

“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,” Cassidy Norton, associate publisher of The Warren Group, said. “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.”

The most affordable homes in Massachusetts this year were selling in the four western-most counties, with the year-to-date median home sale price at $415,000 in Hampshire County and lower medians in Franklin ($348,500), Hampden ($320,000) and Berkshire ($325,000) counties.

So far in 2025, there have been 14,358 single-family home sales in Massachusetts, a 2.2% increase over the same five months of 2024. During that same span, the median price of a single-family home is up 5.1% to $620,000 so far this year, The Warren Group said.

Massachusetts has been coming to grips in recent years with its housing shortage, estimated to be 220,000-plus units by the end of the decade, and many Beacon Hill politicians routinely say the high cost of housing is repelling young people from the Bay State. A 2024 housing law included tools and resources meant to spur production of housing in an attempt to make it both more available and more affordable.

On the condominium side of the market, The Warren Group said there have been 7,323 condo sales in the first five months of 2025, a 1.2% increase over 2024. The year-to-date median condo sale price is up 1.9% from the same checkpoint in 2024 to $539,000.

“Similar to single-family sales, condo sales have increased over 2024, but price growth has been more constrained,” Norton said. “The median condo sale price in May 2025 was the same as in May 2024.”

Primary Sidebar

MA Division of Insurance Advertisement

New Episode

MA Insurance Lawyers

SPONSORED

Interviews

From Nuptials, Tickets, and Taxes to Trusted Advisor: One Agency’s Unique Path to P&C Success

A Conversation with Evan Silverio, President & CEO of Silverio Insurance Group

Deland, Gibson Celebrates 125 Years: A Conversation with CEO Chip Gibson

The Fourth-Generation Family-Owned Agency is Based in Wellesley

Talking with Richard Welch: Growth and Innovation at Hospitality Mutual | Agency Checklists

Talking with Richard Welch: Growth and Innovation at Hospitality Mutual

Mr. Welch is CEO of Massachusetts-based Hospitality Insurance Group

A Conversation with Daniel C. Bridge – The 2023 Insurance Professional of the Year

Daniel Bridge is Board Chair, President, and CEO of Vermont Mutual Insurance Group

Making The Leap From Corporate to Entrepreneur: Nadeen Vella On Building NaVella Insurance From Scratch

Making The Leap From Corporate to Entrepreneur: Nadeen Vella On Building NaVella Insurance From Scratch

Our latest Agency Interview is with Nadeen Vella, the founder and owner of a virtual scratch independent agency.

A North Shore Success Story: The $40 Million And Growing Duffy Family of Insurance Agencies

Our latest Agency Interview with Duffy Insurance’s Marc Duffy

More Posts from this Category

InsurOp-Eds

Passing of the Torch: Becoming Arbella’s Next CEO

Passing of the Torch: Becoming Arbella’s Next CEO

By Paul Brady

Uninsurable Risk? Maybe Parametric Insurance Is The Answer

By Owen Gallagher

InsurOpEd: Starting A New Chapter in My Life

By Tara Philbin

InsurOp-Ed: Shrinkflation and Insurance

InsurOp-Ed: Shrinkflation and Insurance

By Bill Wilson

More InsurOp-Eds

Career News

Reports Say Acrisure To Layoff 400 Employees in 2026

N&D Welcomes Nick Shaw as Massachusetts Regional Marketing Manager

MountainOne Insurance Promotes Lianne Kudlate to Senior Personal Lines Account Manager

Brown & Brown Integrates Risk Strategies Talent to its Team

View More Career News

In Memoriam

In Memoriam: Roy Corso: 1943-2025

In Memoriam: Kevin Hugh Kelley, 1950-2025

In Memoriam: Kevin Hugh Kelley, 1950-2025

In Memoriam: Stephen Lee Brown, 1937-2025

In Memoriam: Stephen Lee Brown, 1937-2025

Company News

Fundación MAPFRE Celebrates 50 Years of Impact at the Museum of Fine Arts, Boston

Agency Checklists, Mass. Insurance News

MAPFRE, MassDOT Offer Tips To Share During Pedestrian Safety Month

Union Mutual Raises Over $147,000 for the Kelly Brush Foundation

SIAA Hosts IA Evolve, a Virtual Innovation Event to Empower Independent Insurance Agents

SIAA Hosts IA Evolve, a Virtual Innovation Event to Empower Independent Insurance Agents

Footer

Agency Checklists

Contact us

We offer a variety of ways to get help promote your company or product.

Announcements
Email Sponsorships
Partnerships
Custom Collaborations

*Affiliate Disclosure

Please note that any of Agency Checklists’ articles might contain one or more affiliate links. This means that any subsequent purchase resulting from these links may result in a commission for us, but at no additional cost to you. For example, as an Amazon Associate, Agency Checklists earns a commission from all qualifying purchases. By working with affiliates we can continue to keep Agency Checklists subscription free. Thank you for your support.

Explore Our Archives

Copyright © 2025 · Agency Checklists · All rights reserved.

 

Loading Comments...