Zip 02118 (Boston, MA) Housing

The housing median value in 02118 Boston, MA is $941,500, which is significantly higher than the US House Median Value of $338,100. Although the US House Appreciation rate over the last year was 8.27%, the appreciation rate in 02118 Boston, MA for the same period was 5.64%. This suggests that while home values are appreciating at a moderate rate in this area, they are not increasing as quickly as elsewhere in the country. As such, homeowners in this area can expect to see more moderate gains from their investments.

The median home cost in Boston (zip 02118) is $941,500. Home appreciation the last 10 years has been 104.4%. Home Appreciation in Boston (zip 02118) is up 10.6%.

Average Age of Homes

- The median age of Boston (zip 02118) real estate is 78 years old

The Rental Market in Boston (zip 02118)

- Renters make up 61.8% of the Boston (zip 02118) population
- 2.8% of houses and apartments in Boston (zip 02118), 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
	15,258.0	139,647,020.0
	76	42
	$941,500	$338,100
	10.6%	16.6%
	44.8%	57.0%
	104.4%	101.1%
	$7.36	$10.98
	$6,962	$2,690
	25.1%	57.4%
	9.2%	11.2%
	65.7%	31.4%
Vacant Housing
	2.8%	1.9%
	1.1%	0.4%
	0.3%	0.7%
	1.4%	0.4%
	2.2%	3.6%
	1.4%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	0.0%	2.4%
	0.4%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	0.0%	13.0%
	4.8%	20.1%
	4.8%	13.6%
	6.5%	8.3%
	18.2%	9.7%
	19.3%	3.9%
	13.7%	2.2%
	13.5%	0.8%
	18.6%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	10.2%	13.6%
	10.2%	13.6%
	5.5%	13.6%
	4.4%	13.2%
	6.9%	14.8%
	5.5%	13.6%
	4.9%	10.0%
	3.4%	4.7%
	50.0%	12.2%

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