In this year's edition of Coldwell Banker's national Home Listing Report, released Thursday, Nov. 29, the national average price of a typical four bedroom, two bath home is listed at $292,152.
When it comes to Milton, however, that price jumps to $630,483, which makes it the 26th most expensive home market in the Commonwealth.
The top five Massachusetts towns with the most expensive homes are Weston, Wellesley, Dover, Lexington and Hingham.
This year’s report analyzes more than 72,000 home listings in more than 2,500 U.S. markets, comparing the listing prices of similar homes in markets across the country from January 2012 to June 2012, according to Coldwell Banker.
Weston soared to the top of the list in Massachusetts this year, with an average cost of $1,105,692—it's a price tag that landed the commonwealth community in the 14th spot when it comes to most expensive homes in the country. Springfield was at the very bottom of the state list (only made up of 116 communities) with an average cost of $136,405.
Most Expensive on the South ShoreRank in Massachusetts Community Average Price 5 Hingham $845,417 15 Norwell $715,133 18 Boston $697,411 19 Cohasset $690,506 22 Duxbury $661,747 25 Scituate $632,158 26 Milton $630,483 30 Canton $594,778 32 Hanover $577,942 45 Marshfield $530,791 63 Quincy $437,890
Source: Coldwell Banker's Massachusetts Home Listing Report. Communities in Massachusetts were ranked from 1 to 116 in the report.
Danielle Masterson and Tony Catinella contributed to this report.