Massachusetts makes top 10 list of most valuable housing markets

by Liz Hughes

Massachusetts has made the top 10 in Zillow’s list of states with the most valuable housing markets

The list ranks the total market value of residential real estate by state. The report cites the record-fast value growth and the record number of newly built homes for increasing the total market value of residential real estate in the U.S. 

California topped the list at an untouchable $9.52 trillion as of December, followed by Florida at $3.62 trillion, New York at $3.32 trillion, Texas at $3.16 trillion and Washington and New Jersey at $1.63 trillion each.

Massachusetts ranked seventh with its housing market valued at $1.58 trillion, up from $1.48 trillion at the end of 2021, but down from last July’s $1.66 trillion.

Pennsylvania, North Carolina and Virginia rounded out the top 10 at $1.48 trillion, $1.34 trillion and $1.28 trillion, respectively.


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