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. Data through August 2026.

Median Home Price

$733,574

+2.1% year-over-year

Est. Rental Yield

5.0%

gross annual

12-Month Forecast

+2.1%

base case (Zillow ZHVF)

+2.1% year-over-year

Climate Risk

52/100

Moderate

Market Momentum

๐Ÿ”ฅ
Hot
2.6mo supply ยท Score +5/7

Net migration: Bottom 1% nationally

Income Migration

๐Ÿ“‰ Wealth Drain0.79x

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

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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 shows steady growth at 2.1% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability pressure is significant: the price-to-income ratio of 6.52x 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 5.03% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score50/100
Price-to-Income Ratio6.5x (national avg 4.8x)
Median Household Income$112,484

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+1.1%
Base Case+2.1%
Bull Case+3.2%

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.