Dorchester, MA Home Values & Market Trends
Real estate market trends reflect that there have been 582 transactions over the past year in Dorchester. The median value for residential home transactions that occurred over the previous year is $674,321.2. The number of current listings in Dorchester is 14, and the percentage of properties for sale in the city is 14.00%. Dorchester, MA currently has 59 properties in foreclosure, 1 bank owned properties, 12 properties headed for auction, and 14 properties for sale.
Dorchester, MA Real Estate Market Overview
Housing Market Summary for Dorchester, MA
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $625K | $640.2K | 2.44% |
Median Sold Price | $608.9K | $640.2K | 5.14% |
Homes For Sale | 10 | 11 | 10.00% |
Homes Sold | 203 | 168 | -17.24% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Dorchester, MA
Browse Homes in Dorchester, MA
Dorchester home values range from $82,660 to $3,350,080. The median estimated value of a home in Dorchester is $674,321.2. The median list price of a home is 649,500, and the total count of properties in the city is 13,429.
- Pre-ForeclosurePre-foreclosure homes account for 0.34% of all residential properties in Dorchester, MA with 02121 containing 21 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Dorchester, MA; of those zips, the estimated home value for pre-foreclosure homes ranges from $858,800 in 02125 to the lowest home value of $265,692 in 02121.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Dorchester, MA ranges from the highest value of $900,400 in 02121 to the lowest value of $900,400 in 02121. Bank owned homes and properties account for 0.01% of properties in Dorchester, MA. There are 3 zips within Dorchester, MA; 02121 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions02121 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Dorchester, MA. Auction homes and other auction properties account for 0.09% of all properties in Dorchester, MA. There are 3 zips within Dorchester, MA; of those zips, the median estimated home value for homes going to auction ranges from $912,600 in 02122 to the lowest value of $388,821 in 02122.
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Guide for Dorchester, MA
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