Mortgage payment estimates, closing cost breakdowns, and homebuying data for Brockton, Massachusetts.
Median Home Price
$425K
Population
106K
Avg Monthly Rent
$1,720
Property Tax Rate
1.2% *
* Property tax shown is the Massachusetts state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Brockton.
Brockton vs Massachusetts Median
The median home price in Brockton is $425,000, which is 29% below the Massachusetts state median of $595,000.
Mortgage Calculator — Brockton, MA
Pre-filled with Brockton median home price and Massachusetts tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $425K home using Massachusetts's 1.2% tax rate and $2,200/yr insurance.
5% Down
$3,396/mo
Down: $21,250
Loan: $404K
P&I: $2,552
Tax: $425
Insurance: $183
PMI: $236
10% Down
$3,249/mo
Down: $42,500
Loan: $383K
P&I: $2,418
Tax: $425
Insurance: $183
PMI: $223
20% Down (No PMI)
$2,757/mo
Down: $85,000
Loan: $340K
P&I: $2,149
Tax: $425
Insurance: $183
Income needed (28% rule): $118K/year with 20% down, $139K/year with 10% down.
Rent vs Buy in Brockton
Rent
$1,720/mo
vs
Buy (10% down)
$3,249/mo
Price-to-rent ratio: 20.6 — At a ratio above 20, renting may be more economical in Brockton for shorter stays. Buying costs $1,529 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Brockton is $425,000, 29% below the Massachusetts state median of $595,000. With a population of 105,643, Brockton is a mid-size city where home prices tend to be more accessible than in many parts of Massachusetts.
Property taxes in Massachusetts average 1.2% annually. This moderate property tax rate means a $425,000 home in Brockton would carry roughly $425/month in property taxes. Homeowners insurance in Massachusetts runs approximately $2,200 per year. This is within the normal range nationally.
Average rent in Brockton is $1,720/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Brockton is a higher-cost market. At $425K median, buyers need significant savings or strong income. Down payment assistance through Massachusetts's MassHousing DPA program becomes especially important.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Brockton.