ZIP 02108 covers Beacon Hill, Downtown Boston, Massachusetts State House area. The typical home value in ZIP 02108 in the Boston housing market is $1,688,967, with a typical rent of $3,110 per month. That puts the local home-value-to-annual-rent ratio at 45.3.
Key stats
- ZIP 02108 is around the 96th percentile of tracked local ZIPs for home value.
- ZIP 02108 is around the 19th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 45.3.
- 58 homes went pending for every 100 new listings in the current reading.
- Supply and buyer competition did not produce a clear easing or tightening split.
- Typical home value
- $1,688,967
- Typical rent
- $3,110
- Homes for sale
- 62
- Buyer competition
- 30
- New listings
- 12
- Homes going pending
- 7
- Listings with price cuts
- 16.9%
Price and rent in ZIP 02108
ZIP 02108 is around the 96th percentile of tracked local ZIPs for home value. ZIP 02108 is around the 27th percentile of tracked local ZIPs for rent.
ZIP 02108 home value & rent trend (past 12 months)
Typical home value rose 3.4% over the past 12 months, from $1,632,910 to $1,688,967. It rose in 8 of 11 monthly readings. The largest monthly gain was +0.8% in November 2025.
Typical rent rose 10.5% over the past 12 months, from $2,814 to $3,110. It rose in 9 of 11 monthly readings. The largest monthly gain was +5.4% in April 2026.
How ZIP 02108 compares to the metro
ZIP 02108's typical home value is 107.0% above the metro median of $815,935. ZIP 02108's typical rent is 5.7% below the metro median of $3,297. ZIP 02108's buyer competition is 30.2% below the metro median of 43.
Supply, pending activity, and competition
ZIP 02108 is around the 44th percentile of tracked local ZIPs for for-sale inventory. ZIP 02108 is around the 19th percentile of tracked local ZIPs for buyer competition. 58 homes went pending for every 100 new listings in the current reading. Supply and buyer competition did not produce a clear easing or tightening split. Over the 12 readings on record, inventory moved between 30 and 63 — a 33-point spread across 27 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 02133, 02114, 02111, 02203.
Continue your market research
- Is Boston Housing Market Cooling?Read the related local market analysis.
- Is Boston a Buyer's Market?Read the related local market analysis.
- Compare 02108 vs 02109Compare this market with another tracked ZIP or peer group.
- Compare 02108 vs 02110Compare this market with another tracked ZIP or peer group.
- Compare 02108 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 02133 housing marketReview a nearby local market with the same core measures.
- ZIP 02114 housing marketReview a nearby local market with the same core measures.
- ZIP 02111 housing marketReview a nearby local market with the same core measures.
- Boston Metro housing market overviewReturn to the broader parent market.
02108 Housing Market Overview FAQ
What is the typical home value in ZIP 02108?
The typical home value in ZIP 02108 is $1,688,967 in the latest monthly reading.
What is the typical rent in ZIP 02108?
Typical rent in ZIP 02108 is $3,110 per month.
What is the home-value-to-rent ratio in ZIP 02108?
ZIP 02108 has a home-value-to-annual-rent ratio of 45.3.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules