Median Home Price
$621,944.12
Median Rent
$2,737.35/mo
Price-to-Rent Ratio
18.9
Property Tax RateTIE
1.23%
Price Change (1Y)BETTER
+2.2%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
−$347,779
Median Home PriceBETTER
$335,830.18
Median RentBETTER
$1,836.4/mo
Price-to-Rent RatioBETTER
15.2
Property Tax RateTIE
1.23%
Price Change (1Y)
+2.1%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
−$136,531
Key Differences
Home Prices
Brockton's median home price of $621,944.12 is higher than Springfield's $335,830.18 by 85%.
Monthly Rent
Renting in Brockton costs $2,737.35/mo compared to $1,836.4/mo in Springfield—a difference of $900.95/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.