The Commonwealth housing market is very competitive. The median sale price of a home in Commonwealth was $380K last month, down 17.4% since last year. The median sale price per square foot in Commonwealth is $723, up 7.5% since last year.
What is the housing market like in Commonwealth today?
In March 2024, Commonwealth home prices were down 17.4% compared to last year, selling for a median price of $380K. On average, homes in Commonwealth sell after 23 days on the market compared to 27 days last year. There were 14 homes sold in March this year, down from 23 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$380,000
-17.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Commonwealth, MA
$380,000
-17.4%
United States
To compare other locations to the Commonwealth and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Boston add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Commonwealth housing market?
Commonwealth is very competitive. Homes sell in 17 days.
0
100
80
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 17 days.
Hot homes
can sell for about 6% above list price and go pending in around 9 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Michael Driscoll
Public • K-8
631
Students
3 reviews
8/10
John D Runkle
Public • PreK-8
597
Students
N/A
6/10
Winship Elementary School
Public • PreK-5 • Choice school
199
Students
11 reviews
4/10
Edison K-8
Public • PreK-8 • Choice school
603
Students
1 reviews
2/10
Jackson/mann K-8 School
Public • PreK-8 • Choice school
610
Students
4 reviews
Only showing 5 of
7 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Commonwealth housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Commonwealth.
Risk Factor
Flood Factor - Major
28% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Commonwealth has a major risk of flooding. 138 properties in Commonwealth are likely to be
severely affected
by flooding over the next 30 years. This represents 28% of all properties in Commonwealth. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Commonwealth has a minor risk of wildfire. There are 1 properties in Commonwealth that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Commonwealth.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Commonwealth has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Commonwealth is most at risk from hurricanes. 939 properties in Commonwealth have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 95 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 105 mph.