Home Values in Framingham, MA
The average home price in Framingham, MA is approximately $639,138 (median), with homes trading at $425/sqft. Home values in Framingham have appreciated at roughly 4.3% per year, reflecting strong ongoing demand from buyers prioritizing schools and commute access.
Census estimated median home value: $553K (ACS 2022 5-year). Current market prices typically run higher due to post-2022 appreciation.
✨The Vibe
Practical MetroWest center with shopping, dining, and solid value for families
What It's Really Like
Massachusetts' largest town by population (70K) is the MetroWest engine—commuter rail hub, massive retail corridor, and huge Brazilian community. It's not fancy, but it works.
Best For
- ✓MetroWest workers avoiding Route 9 traffic
- ✓Families wanting space and value
- ✓Brazilian culture enthusiasts
- ✓Practical suburbanites who love Target runs
Avoid If
- ✗You need top schools or prestige
- ✗You hate strip malls and traffic
- ✗You want walkability over car dependence
🌟Highlights
Insider Tips
- 💡Nobscot and Saxonville are the best neighborhoods
- 💡Route 9 traffic is legendary bad—plan commutes carefully
- 💡Amazing Brazilian restaurants and markets everywhere
Demographics
Source: Census ACS 2023 5-year estimates
Economic Profile
Religious Community
Housing Stock Age
Moderate Insurance Risk
Median home built in 1955. Insurance premiums estimated at $2,505/year. Some older homes may require system updates (electrical, plumbing, HVAC).
Insurance Cost Calculator
Estimate your annual homeowners insurance premium
Leave blank to use town median (1955)
30-Year Mortgage Impact
Total insurance cost over 30-year mortgage (equivalent to 0.4% of home value)
Age Penalty
This home costs $894 more per year to insure than a newly built home. Over 30 years, that's $26,820 in additional insurance costs.
Ways to Lower Your Premium
- Bundle home + auto insurance with same carrier (10-25% discount)
- Increase deductible from $500 to $2,500 (save 15-30%)
- Install monitored security system (5-20% discount)
- Update electrical panel and remove knob-and-tube wiring
- Replace roof with impact-resistant materials (save 5-15%)
- Upgrade plumbing to PEX or copper
- Complete full home inspection and address major issues
- Consider MAPFRE or Chubb for historic home coverage
- Shop quotes from 5-6 carriers (rates vary significantly)
- Ask about claims-free discount (5-year history)
* Estimates based on Massachusetts state averages and typical underwriting criteria. Actual premiums vary by carrier, coverage limits, deductible, claims history, and credit score. For accurate quotes, contact a licensed insurance agent.
Construction Era Distribution
Resources & Research
School Information
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Market Analysis
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