Boston, MA Home Values & Market Trends
Real estate market trends reflect that there have been 1,880 transactions over the past year in Boston. The median value for residential home transactions that occurred over the previous year is $944,706.87. The number of current listings in Boston is 49, and the percentage of properties for sale in the city is 49.00%. Boston, MA currently has 8 properties in foreclosure, 0 bank owned properties, 4 properties headed for auction, and 49 properties for sale.
Boston, MA Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 02118 | $ 1,395,000 $ 1,211/sqft | 02113 | $ -- $ -- |
| 02116 | $ 1,650,468 $ 1,268/sqft | 02108 | $ -- $ -- |
| 02114 | $ 755,000 $ 619/sqft | 02109 | $ -- $ -- |
| 02115 | $ 1,200,000 $ 1,147/sqft | 02201 | $ -- $ -- |
| 02110 | $ 4,051,792 $ 1,853/sqft | 02203 | $ -- $ -- |
| 02111 | $ 1,224,500 $ 969/sqft | 02163 | $ -- $ -- |
| 02215 | $ 564,625 $ 1,059/sqft | 02199 | $ -- $ -- |
| 02210 | $ 1,080,621 $ 985/sqft | 02222 | $ -- $ -- |
Housing Market Summary for Boston, MA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $895K | $1.1M | 24.75% |
| Median Sold Price | $1M | $1.1M | 8.13% |
| Homes For Sale | 60 | 44 | -26.67% |
| Homes Sold | 671 | 662 | -1.34% |
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 Boston, MA
Browse Homes in Boston, MA
Boston home values range from $57,851 to $39,497,243. The median estimated value of a home in Boston is $944,706.87. The median list price of a home is 1,150,000, and the total count of properties in the city is 31,468.
- Pre-ForeclosurePre-foreclosure homes account for 0.01% of all residential properties in Boston, MA with 02116 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 16 zips within Boston, MA; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,517,704 in 02111 to the lowest home value of $557,082 in 02114.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Boston, MA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Boston, MA. There are 16 zips within Boston, MA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions02118 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Boston, MA. Auction homes and other auction properties account for 0.01% of all properties in Boston, MA. There are 16 zips within Boston, MA; of those zips, the median estimated home value for homes going to auction ranges from $597,000 in 02114 to the lowest value of $355,320 in 02114.
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Guide for Boston, MA
This analysis highlights the significant growth in Boston’s real estate market with increasing property values, and the diversity of pricing in its neighborhoods. It presents a dynamic market catering to a wide range of buyers and investors, from high-end to more economic entry points.
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