Property tax rate
1.07%Median bill $5,992/yr · CensusMedian rent
$1,7622-bed $1,876Per month · CensusDays on market
45 days▲ 5 days vs last yearSeptember 2026 · Realtor.comWhat the numbers say
Massachusetts real estate at a glance
By AstroCore · Realtor.com, US Census and Freddie Mac data
In September 2026, the median home in Massachusetts listed for $714,250, down 5.2% from a year earlier.
Homes spent a median of 45 days on the market, slower than 40 days a year ago.
Homeowners in Massachusetts pay a median of $5,992 a year in property taxes on a median home value of $562,100, an effective rate of about 1.07%.
Renters pay a median of $1,762 a month, and $1,876 for a two-bedroom. At today's prices a typical home costs about 34 times a year's rent, which generally favors renting over buying in the short term.
With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $714,000 home here comes to about $4,826 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $207,000 a year (the median household here earns $103,960).
Monthly payment on a typical home
$4,826/mo- Principal & interest$3,894
- Property tax$634
- Insurance (est.)$298
$714,000 home · 20% down · 7.24% 30-year fixed
Run your own numbersRents in Massachusetts by bedrooms
Studio$1,515
1 bedroom$1,414
2 bedrooms$1,876
3 bedrooms$1,950
4 bedrooms$2,288
Median gross rent (rent plus utilities), US Census American Community Survey 2024 5-year estimates.
County by county
Every Massachusetts county compared
Lowest property tax rates
- Nantucket County0.25%
- Dukes County0.50%
- Suffolk County0.66%
- Barnstable County0.67%
- Middlesex County1.03%
Fastest-selling counties
- Middlesex County37 days
- Essex County39 days
- Hampden County39 days
- Bristol County42 days
- Norfolk County43 days
| County | Median list price | Days on market | Property tax | Median rent |
|---|---|---|---|---|
| Barnstable County | $899,000 | 56 | 0.67% | $1,678 |
| Berkshire County | $549,975 | 70 | 1.32% | $1,097 |
| Bristol County | $569,475 | 42 | 1.07% | $1,245 |
| Dukes County | – | – | 0.50% | $1,277 |
| Essex County | $740,723 | 39 | 1.04% | $1,756 |
| Franklin County | $420,000 | 48 | 1.43% | $1,177 |
| Hampden County | $377,450 | 39 | 1.49% | $1,136 |
| Hampshire County | $554,500 | 55 | 1.43% | $1,388 |
| Middlesex County | $839,750 | 37 | 1.03% | $2,201 |
| Nantucket County | – | – | 0.25% | $2,213 |
| Norfolk County | $786,950 | 43 | 1.06% | $2,149 |
| Plymouth County | $729,950 | 45 | 1.17% | $1,747 |
| Suffolk County | $799,450 | 50 | 0.66% | $2,129 |
| Worcester County | $549,946 | 45 | 1.28% | $1,426 |
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Sources: Realtor.com housing inventory (monthly) and Freddie Mac Primary Mortgage Market Survey (weekly), via FRED, Federal Reserve Bank of St. Louis; US Census Bureau American Community Survey 5-year estimates (property taxes, home values, rents, income). Insurance is an estimate. Medians for the whole state; individual homes vary. For information only.