A new study by the Massachusetts Association of Realtors and real estate analytics company Zillow says the Bay State is the best place to buy a house or apartment in the country.
Zillow analyzed the real estate market data of more than 10,000 Massachusetts homeowners from November 2017 to September 2018 and ranked the states top markets based on affordability, land use and market size.
In addition, the firm analyzed the best real estate deals in each state.
Zilow’s rankings were based on the median price of the median house in each city, which is typically $1.7 million.
The rankings include a value of $4 million for a one-bedroom apartment in Cambridge and $2 million for two-bedroom homes in Worcester.
In the Bay area, the top markets are Boston, Worcester and Cambridge, according to Zillower.
In Boston, the median sale price is $1 million and in Worcester, the price is only $1,000.
The top market in Cambridge is on the top end of the market.
In the city, the average price is about $2.2 million.
In Worcester, there is a slight difference.
The median sale prices in the city are about $1-2 million, but in the surrounding areas, prices are closer to $1 to $2-million.
For a more detailed list of the best Bay State cities, check out the list below.
For more on real estate and investing, visit our guide to investing in Massachusetts, Massachusetts Real Estate, and Property Investing in Massachusetts.