MA · Metro #10

Boston - MA housing market

The Boston metro has a typical home value of $746,595, up 1.7% from a year ago. Homes are moving fast at 8 days on market, a strong seller's market. Data from Zillow Research, updated monthly.

Typical home value
$746,595
+1.7% vs. year ago
Median sale price
$697,435
+1.3% YoY
Median list price
$794,333
Sale-to-list ratio
101.3%
Selling above ask
Days on market
8d
Listings w/ price cut
19.9%
New listings / mo
6,235
+7.3% YoY
Homes for sale
12,654
+10.7% YoY
Typical rent
$3,210/mo
+2.5% YoY
Context

How to read this data

The typical home value ($746,595) 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 1.7% over the past year. In Boston - MA, that means a home worth $734,115 last year is now worth roughly $746,595.

The median sale price , what homes actually close for , is $697,435. Homes are selling at 101.3% 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 19.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 6,235 new listings hit the market each month in Boston - MA. There are currently 12,654 homes for sale, up 10.7% from a year ago.

The typical monthly rent in Boston - MA is $3,210, up 2.5% 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.

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Related

Other metros in MA

MetroHome value1-yr changeDays on market
Worcester - MA$487,476 +2.0% 8.0d
Springfield - MA$381,545 +3.0% 9.0d
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