Mass 2nd most expensive for real estate in U.S.

SPRINGFIELD, Mass. (WWLP) - A new report finds that Massachusetts is listed as the second most expensive state in the nation when it comes to real estate.

The Coldwell Banker Home Listing report finds that the average cost of a four bedroom, two bathroom home in the Bay State is just over $489,000.

That's $80,000 more than homes in Connecticut and $60,000 more than the average cost of homes in California.

Hawaii is the only state with higher prices at nearly $750,000, on average.

"I do know that New England is one of the higher regions of housing costs in the country.  It's got to be the Eastern part of the state.  The east of 495, the housing out there is off the charts.  This is a very affordable area in New England.  It gets more expensive when you go South.  It obviously gets more expensive when you go East," said Don Thompson of Keller Williams Realty.

Longmeadow resident, Ken White says the real estate market reflects what the state has to offer including jobs and good schools.

"If you have jobs in the state that are going to give people incomes that are going to support the real estate market, that's the key right there, " said White.

The top five most affordable states in the nation are Nebraska, Iowa, Georgia, Kansas, and North Dakota.