Market Overview
Home Prices in Southborough, MA
The median home value in Southborough, MA is $980,606 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and up 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Southborough are priced139% above average. Southborough is part of the Worcester, MA-CT metro area.
Over the past five years, Southborough home values have risen by approximately34.0%, reflecting strong long-term appreciation in this market.
Price History
Southborough Home Price Trend
City Comparison
Southborough vs. National Median
At $980,606, homes in Southborough cost 139% above the national median of $410,000. Buyers in Southborough should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Southborough?
20% Down Payment
$196,121
on $980,606
Monthly P&I
$5,114/mo
30-yr @ 6.8%
Total Monthly Est.
~$6,495/mo
incl. taxes & insurance
Income Needed
$259,800
gross annual (30% rule)
10% Down Option
$98,061
+ PMI applies
Loan Amount (20% dn)
$784,485
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Southborough, MA?
The median home value in Southborough is $980,606 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Southborough?
Over the past year, home values in Southborough have increased by 1.5%. Over five years, prices have risen approximately 34.0%.
How much do I need to earn to buy a home in Southborough?
To comfortably afford the median home price of $980,606 with a 20% down payment ($196,121) at today's rates (6.8%), you'd need a gross annual income of approximately $259,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Southborough compare to the national average home price?
The national median home value is approximately $410,000. At $980,606, homes in Southborough are 139% above the national average.
What metro area is Southborough part of?
Southborough is part of the Worcester, MA-CT metropolitan area. Home prices and market conditions can vary across the broader metro region.