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What $1M Actually Bought Across Greater Boston

Under 1 min read
•November 11, 2025
THE BOTTOM LINE

Same $1M budget bought 1,152 sqft fixer in Lexington versus 3,936 sqft modern home in Hopkinton—a 3.4X space difference. Fantasy Tier markets (Lexington, Brookline, Newton) charge $600-850/sqft for addresses, not houses.

WHO NEEDS THIS

Buyers with $950K-$1.05M budget deciding where to focus their search across Greater Boston.

KEY INSIGHTS
  • •Median $1M property: 2,560 sqft, 4 beds, 3 baths at $386/sqft, sold in 46 days
  • •Fantasy Tier warning: Lexington $1M bought 1,600 sqft median requiring $100K+ renovations
  • •Maximum space markets: Hopkinton (3,624 sqft), Lancaster (3,455 sqft) delivered 40%+ more space
  • •Best balanced value: Acton (3,014 sqft at $950K) and Franklin (2,897 sqft) with good schools
  • •Fastest markets: Hingham 20 days, Andover/Franklin/Hanover 10 days median
DO THIS NEXT

Define priorities: paying for addresses (Lexington) or maximizing space/value (Hopkinton/Franklin).

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