Housing in 02199 Boston, MA is a hot commodity, with the median value sitting at $3,725,200. This figure is far higher than the US median value of $338,100. Despite this large difference in housing values, housing appreciation in both areas has been on the rise. The US experienced a 1 year appreciation of 8.27%, while 02199 Boston saw an even greater increase of 5.64%. These figures make it clear that investing in housing in this area can be quite lucrative. With prices increasing and no signs of slowing down anytime soon, now may be a great time to invest in real estate in 02199 Boston.
The median home cost in Boston (zip 02199) is $3,725,200. Home appreciation the last 10 years has been 104.4%. Home Appreciation in Boston (zip 02199) is up 10.6%.
Average Age of Homes
- The median age of Boston (zip 02199) real estate is 36 years old
The Rental Market in Boston (zip 02199)
- Renters make up 82.8% of the Boston (zip 02199) population
- 8.3% of houses and apartments in Boston (zip 02199), 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.