Massachusetts · as of September 2026
What counts as luxury real estate in Massachusetts
The convention this site uses
In Massachusetts, this site treats homes at $2M and above as luxury. That is our own fixed band, set so the covered markets are the ones where the top of the market actually trades at that level. It is not a loan limit and it is not a median; the medians below are the middle of each market, and luxury inventory trades well above them. The rule and its reasoning are on the methodology page.
Massachusetts's luxury markets by home value
Zillow Home Value Index, typical middle-tier home, latest month.
| Market | Median value | Ranked agents |
|---|---|---|
| Nantucket | $3,171,000 | 10 |
| Weston | $2,252,000 | 10 |
| Wellesley | $2,022,000 | 10 |
| Edgartown | $1,869,000 | 10 |
| Dover | $1,773,000 | 10 |
| Lexington | $1,575,000 | 11 |
| Winchester | $1,549,000 | 10 |
| Lincoln | $1,520,000 | 10 |
| Cohasset | $1,463,000 | 10 |
| Belmont | $1,447,000 | 11 |
| Concord | $1,435,000 | 10 |
| Hingham | $1,352,000 | 10 |
| Chatham | $1,329,000 | 10 |
| Newton | $1,150,000 | 11 |
| Duxbury | $1,122,000 | 10 |
| Provincetown | $1,078,000 | 10 |
| Marblehead | $1,054,000 | 10 |
| Brookline | $985,000 | 10 |
| Cambridge | $895,000 | 10 |
| Boston | $785,000 | 10 |
What changes at this price in Massachusetts
Each fact links to the statute or agency that says so. Facts we could not verify against an official source are left out rather than guessed.
- Transfer and mansion taxes
- Massachusetts charges a deeds excise of $2.28 per $500 of price ($4.56 per $1,000), paid by the seller, and Barnstable County's rate is $6.12 per $1,000. Buyers on Nantucket and Martha's Vineyard also pay a 2 percent land bank fee. Source
- Agency and dual agency
- Massachusetts permits dual agency and designated agency only with the informed written consent of both parties, and licensees must present the Massachusetts Mandatory Licensee-Consumer Relationship Disclosure at the first personal meeting to discuss a specific property. Source
- Seller disclosure
- Massachusetts has no statutory seller disclosure form and follows caveat emptor for private sellers. Required disclosures are limited to lead paint, Title 5 septic inspection, and the licensee's duty to disclose known material defects. Source
- State estate or inheritance tax
- Massachusetts levies its own estate tax on estates above a $2 million exemption for deaths on or after January 1, 2023, with graduated rates that reach 16 percent. Source