Massachusetts ranks as 3rd fastest housing market in U.S.

Massachusetts ranks as the third-fastest housing market in the U.S., with homes averaging 41.6 days on the market, slightly longer than last year. It has the highest average asking price among top states at $744,054, a 6.5% decline from 2024. Connecticut and Rhode Island lead in market speed, while Rhode Island saw the largest price increase. Hawaii has the slowest market and biggest price drop. Local market conditions vary widely nationwide.