Markets › Massachusetts
In the Bay State, part of the Census Bureau's New England division, Pecan Street tracks six markets. Median sale prices run from $374K in Pittsfield to $761K in Cape Cod over Jul–Sep 2026. All six are higher than a year earlier, led by Amherst (city figure) (+11.8%).
Homes sit longest in Pittsfield (70 median days on market) and sell fastest in Springfield (39 days). The share of active listings with a price cut runs from 25% in Pittsfield to 49% in Worcester. Price-to-rent ratios run from about 14 in Pittsfield to 20 in Cape Cod, measured as years of HUD Fair Market Rent per median sale price. Among the 383 U.S. metros Pecan Street tracks, the Amherst metro has the 11th-fastest year-over-year price growth and the Pittsfield metro the 24th-lowest share of listings with a price cut. Massachusetts's unemployment rate was 4.3% in Sep 2026 (BLS via FRED), above the national rate of 4.2%.
| Market | Median sale price | YoY | Days on market | Price-cut share | Price-to-rent |
|---|---|---|---|---|---|
| Amherst | $555K city only | +11.8% | 53 | 47% | — |
| Boston | $743K | +2.1% | 43 | 40% | ≈ 17 |
| Cape Cod | $761K | +5.4% | 56 | 34% | ≈ 20 |
| Pittsfield | $374K | +3.3% | 70 | 25% | ≈ 14 |
| Springfield | $381K | +3.0% | 39 | 47% | ≈ 14 |
| Worcester | $489K | +2.2% | 45 | 49% | ≈ 16 |
Median sale price and year-over-year change from Redfin (rolling three months); median days on market and the share of active listings with a price cut from Realtor.com; price-to-rent is each market page's figure (its median sale price over a year of HUD Fair Market Rent). Figures are per metro market, not statewide. “City only” marks a metro whose median is its principal city's while a county is missing from the closed-sale source.
Strength 4 / 5
$979K
Somerville median sale price fell back under $1M — now $979K
Dropping back below $1M re-opens a buyer pool that had been priced out — and puts sellers on notice that the last few months' comps are no longer defensible.
Source: Redfin, city figures, Jul–Sep 2026