Massachusetts Home Buyer Guide, First-time Homebuyer Tips, Advice MA

Where Are Home Prices Falling in Greater Boston?

Written by Rich Rosa | Sep 29, 2026, 6:56:56 PM

The following post from Real Boston was first published on September 25, 2026, on Substack.

____________

Homes in Greater Boston are far from affordable, but the median price of single-family homes has declined in more than a few cities and towns during the first eight months of 2026.

Statewide, the Massachusetts Association of REALTORS® reported that the median price of a single-family home rose nearly 2 percent to $686,000 from January through August. Condominium prices rose about 1 percent to $564,950 during the same eight-month timeframe. 

The following 13 Massachusetts cities and towns have seen more than a 2 percent year-over-year drop in median single-family home prices through August. Closed sales data is for the January-through-August period. This is not an exhaustive list, but one focused on the Boston area and in alphabetical order.

Amesbury, MA: Essex County (Closed Sales: 87)

The median price fell 7 percent to $680,000 compared to $730,000 during the first eight months of 2025.

Condominium prices fell 17 percent to $424,000.

Burlington, MA: Middlesex County (Closed Sales: 112)

The median house price through August dipped 2 percent to $871,111 from $891,000 during the same period in 2025.

Condominium prices jumped 17 percent to $974,500.

Dedham, MA: Norfolk County (Closed Sales: 144)

Through August, homebuyers paid 5 percent less than during the first eight months of 2025. The median price decreased 5 percent to $765,500 from $805,000.

Condominium prices slipped 2 percent to $511,000.

Framingham, MA: Middlesex County (Closed Sales: 279)

The median house price declined from $750,000 to $725,000, about a 3 percent decline through August.

Median condo prices dropped nearly 12 percent to $344,950.

Georgetown, MA: Essex County (Closed Sales: 51)

The median house price decreased 3 percent to $760,000 through August compared to $785,000 during the same period in 2025.

Condominium prices jumped 35 percent to $1 million, but only seven sales occurred.

Ipswich, MA: Essex County (Closed Sales: 54)

Through August, the median price fell 4 percent year over year to $897,500 from $932,500.

Condominium prices rose 15 percent to $675,000.

Medford, MA: Middlesex County (Closed Sales: 137)

The median house price slipped 3 percent to $900,000 from $925,000 through the first eight months of 2025.

Median condo prices rose nearly 6 percent to $691,750.

Newburyport, MA: Essex County (Closed Sales: 74)

Still above $1 million at $1,040,000, but down 15 percent from $1,233,500 in the January-through-August period last year.

Condominium prices rose 5 percent to $727,500.

Revere, MA: Suffolk County (Closed Sales: 80)

The median price of a single-family home fell 3 percent to $652,500 from $675,000.

The median condo price increased about 2 percent to $450,000.

Somerville, MA: Middlesex County (Closed Sales: 46)

From $1,539,000 to $1,375,000, single-family home prices dropped 11 percent through August year over year.

Condominium prices fell 5 percent to $865,000.

Waltham, MA: Middlesex County (Closed Sales: 126)

The median house price declined nearly 4 percent to $872,500 through August, down from $905,000 during the same period in 2025.

Median condo prices dipped about 1 percent to $685,000.

Westford, MA: Middlesex County (Closed Sales: 129)

Median prices plummeted 16 percent to $885,000 during the first eight months of 2026. During the same period last year, the median price was $1,050,000.

Condominium prices rose 3 percent to $650,000.

Winchester, MA: Middlesex County (Closed Sales 121)

Still incredibly expensive, but the median house price fell 7 percent from $1,885,950 to $1,750,000.

Condominium prices dropped 13 percent to $770,000.