In 2022, Forbes Home estimated that Massachusetts homeowners with solar energy systems installed could expect a
2-3% increase in home value. Across the U.S., several
research studies have shown that solar panels not only increase home value, but also help your home stand out, earn more, and sell faster on the national real estate market.
While your increase in home value will depend on several factors, including your location, the age and performance of your solar energy system, and the cost of electricity in your area,
2022 Rocket data suggests that solar-powered homes are 24.7% more likely to sell over asking price and spend 13.3% less time on the market.