Weymouth, MA—02188
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Weymouth, MA
As of Oct '25, the median home price in Weymouth, MA is $596,000, with a year-over-year change of -1.2%. This indicates that home prices in Weymouth, MA are decreasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $596,000 | -1.2% |
| Single Family | $611,000 | -1.0% |
| Condos | $302,000 | -2.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $224,000 | -4.3% |
2 Bed | $505,000 | -0.4% |
3 Bed | $603,000 | -1.1% |
4 Bed | $693,000 | -1.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Weymouth, MA
As of July '25, Rentcast reports the average rent in Weymouth, MA is $2,570, with a year-over-year rent change of -1.2%. Per bedroom, the median rent as of July '25 in Weymouth, MA is studios: $1,990, 1-bedrooms: $2,280, 2-bedrooms: $2,860, 3-bedrooms: $4,530, 4-bedrooms: $3,800. The most common rental property sizes in Weymouth, MA are 1-bedroom and 2-bedroom, accounting for 51.8% and 30.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,410 | $2,570 |
| Studio Rent | $1,880 | $1,990 |
| 1 Bed Rent | $2,340 | $2,280 |
| 2 Bed Rent | $2,770 | $2,860 |
| 3 Bed Rent | $4,310 | $4,530 |
| 4 Bed Rent | $3,800 | $3,800 |
% of Rental Stock
Property Listings — Weymouth, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Weymouth, MA is 34. This is a increase of 27.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $664,000 | 11.0% |
Listing Count | 23 | 17.0% |
| Listings as % of Homes | 0.1% | 17.0% |
Days on Market | 34 | 27.0% |
Demographics — Weymouth, MA
As of the latest ACS Survey released in 2023, Weymouth, MA has a population of 15,400, which has remained stable by 0.7% over the past 5 years. Weymouth, MA is a less popular place for families, as children make up 14.9% of the population. The area has a moderately educated workforce, with 39.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,400 | 0.7% |
% Under 18 | 14.9% | -11.8% |
% Seniors | 21.4% | 8.1% |
% WFH | 18.9% | 845.0% |
% w/ College Degree | 39.5% | 0.0% |
As of the latest ACS Survey released in 2023, Weymouth, MA is a predominantly white area, with 78.6% of the population identifying as white. The white population has grown by 1.3% in the last 5 years. The second most common race or ethnicity in Weymouth, MA is black, making up 8.5% of the population. Foreign-born residents account for 13.2% of the population in Weymouth, MA, and this percentage has decreased by 12.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.6% | 1.3% |
% Black | 8.5% | -8.6% |
% Hispanic | 4.8% | 33.3% |
% Asian | 5.5% | -15.4% |
% Foreign Born | 13.2% | -12.0% |
Mortgage and Risk — Weymouth, MA
According to HUD data as of 2023, there were 205 mortgage originations in Weymouth, MA, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Weymouth, MA. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 205 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Weymouth, MA
As of 2024, the percent of homes in Weymouth, MA under the Section 8 program is 22.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Weymouth, MA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 615 |
Total Units Section 8 | 615 |
% Rentals under Section 8 | 22.2% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$120 | $2,340 | $2,220 |
| 2 Bedroom | -$140 | $2,770 | $2,630 |
| 3 Bedroom | -$1,140 | $4,310 | $3,170 |
| 4 Bedroom | -$310 | $3,800 | $3,490 |
Affordability — Weymouth, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $596,000 |
| Median Household Income | $102,000 |