The business belt formed along Route 128 has consistently influenced the housing market in this area. With a concentration of strong companies, housing demand tends to remain stable.

In early 2021, the median home price was around $680,000, and as of 2026, it is estimated to be around $880,000. The cumulative increase over five years is estimated to be about 29%.

From 2021 to 2022, the combination of low interest rates and corporate expansion led to significant price increases, while from the second half of 2022 to 2023, rising interest rates slowed transactions. After 2024, demand for quality school districts is expected to lead to a gradual increase again.

Compared to the national average increase of 35-45%, this is somewhat lower, but it is important to consider that it started from a high price point.

The concentration of businesses along Route 128, excellent public school districts, and the lack of new land supply are key factors supporting prices.

While demand for school districts is expected to continue steadily, the rate of increase may vary depending on corporate hiring trends and interest rate directions, so it is necessary to watch carefully.

For Korean families prioritizing school districts, this area remains popular, but it is essential to thoroughly assess whether they can afford the high entry prices in advance.