Boston - MA housing market
The Boston metro has a typical home value of $741,868, up 1.6% from a year ago. Homes are moving fast at 8 days on market - a strong seller's market. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($741,868) is the Zillow Home Value Index for the Boston - MA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 1.6% over the past year. In Boston - MA, that means a home worth $730,185 last year is now worth roughly $741,868.
The median sale price , what homes actually close for , is $690,579. Homes are selling at 100.6% of list price, meaning buyers are typically paying at or above asking.
Homes listed in Boston - MA sit on the market for roughly 8 days before going pending. Shorter = seller's market; longer = buyer's market.
About 16.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 5,837 new listings hit the market each month in Boston - MA. There are currently 10,977 homes for sale, up 9.1% from a year ago.
The typical monthly rent in Boston - MA is $3,211, up 2.3% year over year. For investors, the price-to-rent ratio here is roughly 19x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Other metros in MA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Worcester - MA | $482,611 | +1.8% | 8.0d |
| Springfield - MA | $376,017 | +2.7% | 9.0d |