Markets/Massachusetts/Boston-Cambridge-Newton

Boston-Cambridge-Newton, MA-NH Real Estate Market 2026

Investor-grade market analytics for Boston-Cambridge-Newton, Massachusetts. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$709,008

+1.7% year-over-year

Est. Rental Yield

5.2%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Market Momentum

๐ŸŒค๏ธ
Warm
2.7mo supply ยท Score +3/7

Migration: Top 99% nationally

Income Migration

๐Ÿ“‰ Wealth Drain0.79x

In-migrants avg $95,901 AGI vs out-migrants $121,228

๐Ÿ›๏ธ

Opportunity Zone Market

55 ZIP codes in Boston-Cambridge-Newton are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Boston-Cambridge-Newton Market Summary

Boston-Cambridge-Newton, MA-NH is in a stabilization phase with 1.7% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability pressure is significant: the price-to-income ratio of 6.3x well exceeds the national average of 4.8x. Net negative migration (-11,143 returns/year) is reducing housing demand pressure. Climate risk is moderate (52/100) with manageable exposure. Rental yield of 5.16% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score53/100
Price-to-Income Ratio6.3x (national avg 4.8x)
Median Household Income$112,484

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Boston-Cambridge-Newton, MA-NH's primary climate exposure is flooding (61/100). The composite climate risk score of 52/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.

Source: FEMA National Risk Index

Get the full Boston-Cambridge-Newton dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.