Weymouth, MA—02189
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 $586,000, with a year-over-year change of -0.2%. This indicates that home prices in Weymouth, MA are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $586,000 | -0.2% |
| Single Family | $615,000 | -0.2% |
| Condos | $374,000 | 0.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $317,000 | 0.6% |
2 Bed | $461,000 | -0.4% |
3 Bed | $615,000 | -0.3% |
4 Bed | $715,000 | -0.1% |
| 5 Bed | $801,000 | -0.2% |
% of Housing Stock
Rental Trends — Weymouth, MA
As of July '25, Rentcast reports the average rent in Weymouth, MA is $2,640, with a year-over-year rent change of -7.0%. Per bedroom, the median rent as of July '25 in Weymouth, MA is studios: $1,590, 1-bedrooms: $2,350, 2-bedrooms: $2,650, 3-bedrooms: $3,290, 4-bedrooms: $4,250. The most common rental property sizes in Weymouth, MA are 1-bedroom and 2-bedroom, accounting for 45.2% and 32.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,650 | $2,640 |
| Studio Rent | $1,650 | $1,590 |
| 1 Bed Rent | $2,100 | $2,350 |
| 2 Bed Rent | $2,580 | $2,650 |
| 3 Bed Rent | $3,450 | $3,290 |
| 4 Bed Rent | $4,000 | $4,250 |
% 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 24. This is a increase of 15.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $499,000 | -10.0% |
Listing Count | 15 | 5.0% |
| Listings as % of Homes | 0.2% | 5.0% |
Days on Market | 24 | 15.0% |
Demographics — Weymouth, MA
As of the latest ACS Survey released in 2023, Weymouth, MA has a population of 15,200, which has decreased by -2.4% over the past 5 years. Weymouth, MA is a moderately popular place for families, as children make up 16.8% of the population. The area has a moderately educated workforce, with 40.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,200 | -2.4% |
% Under 18 | 16.8% | -18.0% |
% Seniors | 15.3% | 5.5% |
% WFH | 15.0% | 368.8% |
% w/ College Degree | 40.9% | 37.7% |
As of the latest ACS Survey released in 2023, Weymouth, MA is a predominantly white area, with 76.4% of the population identifying as white. The white population has shrunk by 10.0% in the last 5 years. The second most common race or ethnicity in Weymouth, MA is black, making up 8.6% of the population. Foreign-born residents account for 12.2% of the population in Weymouth, MA, and this percentage has increased by 31.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 76.4% | -10.0% |
% Black | 8.6% | 34.4% |
% Hispanic | 5.2% | 33.3% |
% Asian | 4.8% | 41.2% |
% Foreign Born | 12.2% | 31.2% |
Mortgage and Risk — Weymouth, MA
According to HUD data as of 2023, there were 270 mortgage originations in Weymouth, MA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Weymouth, MA. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 270 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Weymouth, MA
As of 2024, the percent of homes in Weymouth, MA under the Section 8 program is 18.2%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Weymouth, MA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 409 |
Total Units Section 8 | 409 |
% Rentals under Section 8 | 18.2% |
% Occupied Section 8 | 95.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $40 | $2,100 | $2,140 |
| 2 Bedroom | -$30 | $2,580 | $2,550 |
| 3 Bedroom | -$370 | $3,450 | $3,080 |
| 4 Bedroom | -$610 | $4,000 | $3,390 |
Affordability — Weymouth, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $586,000 |
| Median Household Income | $91,800 |