Housing in 02114 Boston, MA is more expensive than the national average. The median value of homes in this area is $821,900, which is more than double the US median value of $338,100. Despite being more expensive than the national average, the rate of housing appreciation in 02114 Boston, MA has been slower at 5.64% compared to the US average of 8.27%. This suggests that while housing prices are still rising in this area, they are not rising as quickly as they are elsewhere.
The median home cost in Boston (zip 02114) is $821,900. Home appreciation the last 10 years has been 104.4%. Home Appreciation in Boston (zip 02114) is up 10.6%.
Average Age of Homes
- The median age of Boston (zip 02114) real estate is 59 years old
The Rental Market in Boston (zip 02114)
- Renters make up 68.5% of the Boston (zip 02114) population
- 4.9% of houses and apartments in Boston (zip 02114), 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.