ZIP 02115 covers Fenway / Longwood area, student and medical-adjacent housing demand, higher-density renter-heavy market. The typical home value in ZIP 02115 in the Boston housing market is $869,482, with a typical rent of $3,297 per month. That puts the local home-value-to-annual-rent ratio at 22.0.
Key stats
- ZIP 02115 is around the 59th percentile of tracked local ZIPs for home value.
- ZIP 02115 is around the 15th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 22.0.
- 50 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
- $869,482
- Typical rent
- $3,297
- Homes for sale
- 96
- Buyer competition
- 28
- New listings
- 24
- Homes going pending
- 12
- Listings with price cuts
- 18.0%
Price and rent in ZIP 02115
ZIP 02115 is around the 59th percentile of tracked local ZIPs for home value. ZIP 02115 is around the 50th percentile of tracked local ZIPs for rent.
ZIP 02115 home value & rent trend (past 12 months)
Typical home value fell 5.0% over the past 12 months, from $914,865 to $869,482. It rose in 3 of 11 monthly readings. The largest monthly gain was +0.4% in September 2025.
Typical rent rose 6.2% over the past 12 months, from $3,105 to $3,297. It rose in 6 of 11 monthly readings. The largest monthly gain was +3.0% in December 2025.
How ZIP 02115 compares to the metro
ZIP 02115's typical home value is 6.6% above the metro median of $815,935. ZIP 02115's buyer competition is 34.9% below the metro median of 43.
Supply, pending activity, and competition
ZIP 02115 is around the 67th percentile of tracked local ZIPs for for-sale inventory. ZIP 02115 is around the 15th percentile of tracked local ZIPs for buyer competition. 50 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 48 and 98 — a 50-point spread across 27 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 02215, 02120, 02199, 02116.
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 02115 vs 02108Compare this market with another tracked ZIP or peer group.
- Compare 02115 vs 02109Compare this market with another tracked ZIP or peer group.
- Compare 02115 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 02215 housing marketReview a nearby local market with the same core measures.
- ZIP 02120 housing marketReview a nearby local market with the same core measures.
- ZIP 02199 housing marketReview a nearby local market with the same core measures.
- Boston Metro housing market overviewReturn to the broader parent market.
02115 Housing Market Overview FAQ
What is the typical home value in ZIP 02115?
The typical home value in ZIP 02115 is $869,482 in the latest monthly reading.
What is the typical rent in ZIP 02115?
Typical rent in ZIP 02115 is $3,297 per month.
What is the home-value-to-rent ratio in ZIP 02115?
ZIP 02115 has a home-value-to-annual-rent ratio of 22.0.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules