Zip 02124 (Boston, MA) Housing

The housing market in 02124 Boston, MA is relatively strong compared to the national median. The median value of a house in 02124 Boston, MA is $585,300, while the US median value is $338,100. Over the past year the US house appreciation rate was 8.27%, while in 02124 Boston, MA it was 5.64%. This indicates that while there has been an overall increase in housing prices across the US over the past year, growth has been more moderate in 02124 Boston, MA than on a national level.

The median home cost in Boston (zip 02124) is $585,300. Home appreciation the last 10 years has been 104.4%. Home Appreciation in Boston (zip 02124) is up 10.6%.

Average Age of Homes

- The median age of Boston (zip 02124) real estate is 78 years old

The Rental Market in Boston (zip 02124)

- Renters make up 57.2% of the Boston (zip 02124) population
- 2.0% of houses and apartments in Boston (zip 02124), 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
	20,776.0	139,647,020.0
	76	42
	$585,300	$338,100
	10.6%	16.6%
	44.8%	57.0%
	104.4%	101.1%
	$5.58	$10.98
	$2,749	$2,690
	38.5%	57.4%
	6.6%	11.2%
	54.8%	31.4%
Vacant Housing
	2.0%	1.9%
	0.6%	0.4%
	0.3%	0.7%
	1.2%	0.4%
	0.1%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	0.9%	2.4%
	0.2%	2.8%
	0.7%	3.9%
	0.2%	4.5%
	0.4%	11.3%
	0.4%	13.0%
	8.3%	20.1%
	18.9%	13.6%
	18.7%	8.3%
	33.6%	9.7%
	11.5%	3.9%
	3.5%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.2%	13.6%
	8.2%	13.6%
	4.1%	13.6%
	5.0%	13.2%
	4.4%	14.8%
	4.1%	13.6%
	5.9%	10.0%
	6.1%	4.7%
	57.1%	12.2%

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