10 Most Expensive Towns in Massachusetts in 2024

The Lamacchia Realty Top 10 Most Expensive Massachusetts Towns report for 2024 is here! To compile this list, we analyzed every town in the state with at least 200 home sales in 2024, then ranked them by median sales price from highest to lowest.

These top 10 towns reflect some of the most sought-after and exclusive real estate markets in Massachusetts. From coastal retreats to affluent Boston suburbs, these areas consistently attract buyers looking for luxury living, top-rated schools, and unmatched charm. Whether you’re relocating, upsizing, or simply curious, this list highlights where Massachusetts real estate reached its highest price points in 2024.

See below for the full breakdown for 2024: 

1. Nantucket

Nantucket topped the charts with 239 home sales in 2024 and a median home price of $2,825,000. This exclusive island continues to command the highest prices in the state with its stunning coastal views and luxury market appeal.

Attractions/Things to Do in/near Nantucket:

Whaling Museum

Brant Point Lighthouse

Cisco Brewers

2. Wellesley

Wellesley ranked second on the list with 390 home sales and a median price of $2,039,450 in 2024. Its blend of suburban elegance, excellent schools, and vibrant town center keeps it among the most expensive towns in Massachusetts.

Attractions/Things to Do in/near Wellesley:

Wellesley College Botanic Gardens 

Davis Museum at Wellesley College 

Wellesley Town Green & Downtown Shopping 

3. Lexington

Ranked third, Lexington reported 342 home sales and a median sale price of $1,465,500 in 2024. With its deep historic roots and top-performing schools, Lexington remains a favorite for families seeking both charm and prestige.

Attractions/Things to Do in/near Lexington:

Minute Man National Historical Park

Wilson Farm

Cary Memorial Library

4. Newton

Coming in at fourth, Newton had 882 homes sold in 2024 and a median sales price of $1,447,500. Known for its excellent schools, diverse neighborhoods, and access to Boston, Newton consistently ranks among the state’s most desirable towns.

Attractions/Things to Do in/near Newton:

Crystal Lake

Jackson Homestead and Museum

Charles River Canoe & Kayak

5. Needham

Ranked fifth, Needham saw 297 home sales in 2024, with a median price of $1,425,000. Its close-knit community vibe, commuter-friendly location, and high-performing schools make it a popular and pricey market.

Attractions/Things to Do in/near Needham:

Cutler Park Reservation

Needham Town Forest

Memorial Park

6. Concord

Ranked sixth, Concord had 235 home sales and a median sales price of $1,350,000 in 2024. With its historic significance and picturesque landscape, Concord continues to be a premium real estate destination.

Attractions/Things to Do in/near Concord:

Walden Pond State Reservation

Concord Museum

Louisa May Alcott’s Orchard House

Old North Bridge

7. Belmont

Seventh on the list, Belmont recorded 244 home sales in 2024 and a median sale price of $1,341,250. Its proximity to Boston and Cambridge, combined with a strong school system, help keep values high.

Attractions/Things to Do in/near Belmont:

Beaver Brook Reservation

Belmont Hill School Trails

Habitat Education Center and Wildlife Sanctuary

Belmont Farmers’ Market

8. Winchester

Ranked eighth, Winchester saw 268 homes sold in 2024 and a median sale price of $1,335,500. A scenic downtown, commuter rail access, and highly rated schools continue to make it a premium suburb north of Boston.

Attractions/Things to Do in/near Winchester:

Middlesex Fells Reservation

Wright-Locke Farm

Winchester Center

Shannon Beach

9. Hingham

Coming in ninth, Hingham recorded 316 home sales and a median price of $1,250,500 in 2024. This South Shore gem blends historic New England charm with waterfront beauty and easy ferry access to Boston.

Attractions/Things to Do in/near Hingham:

World’s End

Hingham Harbor

Derby Street Shops

Hingham Bathing Beach

10. Sudbury

Rounding out the top ten, Sudbury had 236 home sales and a median sale price of $1,111,000 in 2024. Known for its colonial charm, scenic landscapes, and large homes, Sudbury remains a sought-after MetroWest town.

Attractions/Things to Do in/near Sudbury:

Wayside Inn Historic District

Assabet River National Wildlife Refuge

Great Meadows Conservation Area