Housing in Boston, Massachusetts

The housing market in Boston, MA is flourishing compared to the rest of the United States. The median value of a house in Boston is $656,500, which is nearly double the median value of a house in the United States ($338,100). Additionally, while the US has seen an average 1 year house appreciation of 8.27%, home prices in Boston have increased by 5.88%. These numbers indicate that Boston's housing market is one of the strongest and most promising markets in the nation.

The median home cost in Boston is $656,500. Home appreciation the last 10 years has been 103.4%. Home Appreciation in Boston is up 10.7%.

Average Age of Homes

- The median age of Boston real estate is 78 years old

The Rental Market in Boston

- Renters make up 60.4% of the Boston population
- 2.5% of houses and apartments in Boston, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

HOUSING BY YEAR BUILT

HOUSING	Boston, Massachusetts	United States
	300,437	139,647,020
	78	42
	$656,500	$338,100
	10.7%	16.6%
	44.9%	57.0%
	103.4%	101.1%
	$6.11	$10.98
	$3,731	$2,690
	31.5%	57.4%
	9.5%	11.2%
	59.0%	31.4%
VACANT HOUSING
	2.5%	1.9%
	1.1%	0.4%
	0.4%	0.7%
	1.8%	0.4%
	1.7%	3.6%
	2.0%	4.1%
VALUE OF OWNER-OCCUPIED HOUSING
	1.4%	2.6%
	0.5%	2.4%
	0.3%	2.8%
	0.3%	3.9%
	0.2%	4.5%
	0.3%	11.3%
	0.7%	13.0%
	5.5%	20.1%
	11.1%	13.6%
	15.0%	8.3%
	33.6%	9.7%
	14.8%	3.9%
	8.2%	2.2%
	3.2%	0.8%
	5.0%	1.1%
HOUSING UNITS BY YEAR STRUCTURE BUILT
	0.2%	0.2%
	6.6%	13.6%
	6.6%	13.6%
	4.4%	13.6%
	5.6%	13.2%
	7.5%	14.8%
	4.4%	13.6%
	7.3%	10.0%
	5.5%	4.7%
	48.2%	12.2%

HOUSING MAP

Average Rent (3br)

Percent Home Appreciation (5yr)

Property Tax (%)

Median Home Cost

View More Data >

Reviews for Boston 122 Reviews

Boston is great! - 4/2/2023
health care in the country, plenty of jobs, gorgeous architecture, cool neighborhoods, lots of great restaurants, and always something to do. The beautiful coast, the... Read More

Peter | East Sandwich, MA | Reply | No Replies

Start Your Review of Boston

Many pros, but all are outweighed by the cons - 1/31/2022
I've lived in/near Boston my whole life almost. It has many pros such as a big city feel, extremely safe, reliable train transportation, great food. However any pro... Read More

Richard | Revere, MA | Reply | No Replies

Do you want to feel poor?! Come on down! - 10/4/2021
I moved to MA from the country of Georgia in eastern Europe. Then traveled quite a bit in the U.S. Boston definitely has its own flavor. Suburbs offer okay schools,... Read More

Ketevani | Woburn, MA | Reply | No Replies

View More Data >

COMPARE COST OF LIVING

Compare Boston, Massachusetts to any other place in the USA.

MAPS OF BOSTON, MASSACHUSETTS

Check out the latest Maps in a variety of categories including cost of living, population, and commute time. You can also use our New Interactive Map to explore places.

ZIP CODES IN BOSTON, MASSACHUSETTS

02124, 02128, 02135, 02130, 02127, 02125, 02136, 02131, 02115, 02126, ... 30 more

PREMIUM MEMBERSHIP

Members receive 10 FREE city profile downloads a month, unlimited access to our detailed cost of living calculator and analysis, downloadable reports, and more.

Try Now

United States / Massachusetts / Boston-Cambridge-Newton Metro Area / Suffolk County / Boston / Zip Codes