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.