Weather Data Source: weather forecast Boston 30 days

Massachusetts Dominates Luxury Real Estate in 2025

Aerial view of a luxury mansion in Massachusetts

News Summary

A new report by PropertyShark reveals that five of the top ten most expensive zip codes in the U.S. for 2025 are in Massachusetts. Boston’s 02199 leads at $2.57 million, while Nantucket, Chilmark, Weston, and Wellesley Hills also rank highly. Despite a competitive market, Massachusetts remains a strong player in luxury real estate, alongside emerging markets in Connecticut and New Hampshire. The report highlights how coastal areas dominate the luxury market, with indicators of rising values across the country.

Boston – A new report by PropertyShark reveals that five of the most expensive zip codes in the United States are located in Massachusetts for 2025. These affluent areas highlight the ongoing demand for luxury real estate in the region, showcasing a blend of urban, island, and suburban markets.

The most expensive zip code in the state is Boston’s 02199, which ranks 54th nationally with a median sale price of $2.57 million. This zip code has made it onto the list for the seventh time in the past decade. Following closely is Nantucket’s 02554, ranking at 63rd, with a median sale price of $2.5 million, although it experienced a 14% decline year-over-year. Third on the list is Chilmark’s 02535 at $2.48 million, marking a new record high. Weston’s 02493 follows closely behind at $2.39 million, also setting a new record. Lastly, Wellesley Hills’ 02381 rounds out the top five with a median sale price of $2.25 million, just $50,000 short of a new all-time high.

The report indicates a broader trend where the most expensive housing markets in the U.S. are primarily coastal, with California dominating the luxury market. In fact, California accounts for 61% of the entries in the top 100 list. While Massachusetts retains a strong presence, other New England states are also represented, including Connecticut and New Hampshire. Connecticut’s 06878, located in Greenwich, ranks as the top entry from New England at 43rd, surpassing the highest Massachusetts zip code. In New Hampshire, New Castle’s 03854 ranks 50th with a median sale price of $2.65 million, which is higher than Boston’s 02199.

Nationally, the most expensive zip code is Miami Beach’s Fisher Island (33109), which holds a staggering median sale price of $9.5 million. This marks the first time that Florida has topped the list of expensive zip codes, making a significant impact on the real estate dynamics in the country.

The PropertyShark report analyzed residential transactions for various property types, including condos, co-ops, and single- to two-family homes, covering the period from January 1, 2025, to September 30, 2025. The analysis shows that the luxury property market has experienced a substantial rise in values since the pandemic, with a new benchmark median sale price of $2 million now required to be included in the top 100 list. Remarkably, the number of zip codes across the U.S. that surpassed a median sale price of $5 million doubled compared to the previous year, with ten zip codes achieving this feat.

Despite facing intense competition from other states, Massachusetts continues to showcase a robust luxury real estate market across diverse settings. The assortment of high-value areas includes Boston’s urban landscape, Nantucket’s idyllic island vibes, and the suburban allure found in Weston and Wellesley Hills. In contrast, the Northeast, including New York, experienced its weakest performance in a decade, with only 15 entries from New York state appearing on the top 100 list.

The findings of this report highlight a shifting landscape in the luxury real estate market across the United States. While Massachusetts remains a formidable contender for high-end property purchases, states like Connecticut and New Hampshire are increasing their visibility in the luxury segment. As the demand for premium properties continues to grow, potential buyers should pay close attention to these notable markets.

Deeper Dive: News & Info About This Topic

STAFF HERE BOSTON WRITER
Author: STAFF HERE BOSTON WRITER

The BOSTON STAFF WRITER represents the experienced team at HEREBoston.com, your go-to source for actionable local news and information in Boston, Suffolk County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Boston Marathon, Head of the Charles Regatta, and Boston Harborfest. Our coverage extends to key organizations like the Greater Boston Chamber of Commerce and Associated Industries of Massachusetts, plus leading businesses in finance, biotech, and insurance that power the local economy such as Fidelity Investments, Biogen, and Liberty Mutual Insurance. As part of the broader HERE network, we provide comprehensive, credible insights into Massachusetts's dynamic landscape.

ADD MORE INFORMATION OR CONTRIBUTE TO OUR ARTICLE CLICK HERE!
Advertising Opportunity:

Stay Connected

More Updates

Police cars and caution tape at the scene of a shooting in Hyannis, Massachusetts.

Shooting Incident in Hyannis Injures Woman

Hyannis, Massachusetts, October 19, 2025 News Summary A shooting early Saturday morning in Hyannis, Massachusetts left a 28-year-old woman injured. The incident occurred at 174 Main

Would You Like To Add Your Business?

Sign Up Now and get your local business listed!