ZIP 02124 covers residential neighborhoods in Dorchester Center, located within Suffolk County, MA, part of the broader Boston housing market. The typical home value in ZIP 02124 in the Dorchester Center housing market is $698,161, with a typical rent of $3,041 per month. That puts the local home-value-to-annual-rent ratio at 19.1.
Key stats
- ZIP 02124 is around the 30th percentile of tracked local ZIPs for home value.
- ZIP 02124 is around the 81st percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 19.1.
- 55 homes went pending for every 100 new listings in the current reading.
- Supply increased while buyer competition eased.
- Typical home value
- $698,161
- Typical rent
- $3,041
- Homes for sale
- 72
- Buyer competition
- 47
- New listings
- 22
- Homes going pending
- 12
- Listings with price cuts
- 27.3%
Price and rent in ZIP 02124
ZIP 02124 is around the 30th percentile of tracked local ZIPs for home value. ZIP 02124 is around the 12th percentile of tracked local ZIPs for rent.
ZIP 02124 home value & rent trend (past 12 months)
Typical home value rose 0.0% over the past 12 months, from $697,940 to $698,161. It rose in 7 of 11 monthly readings. The largest monthly gain was +0.5% in January 2026.
Typical rent rose 1.0% over the past 12 months, from $3,012 to $3,041. It rose in 5 of 11 monthly readings. The largest monthly gain was +1.9% in March 2026.
How ZIP 02124 compares to the metro
ZIP 02124's typical home value is 14.4% below the metro median of $815,935. ZIP 02124's typical rent is 7.8% below the metro median of $3,297. ZIP 02124's buyer competition is 9.3% above the metro median of 43.
Supply, pending activity, and competition
ZIP 02124 is around the 56th percentile of tracked local ZIPs for for-sale inventory. ZIP 02124 is around the 81st percentile of tracked local ZIPs for buyer competition. 55 homes went pending for every 100 new listings in the current reading. Supply increased while buyer competition eased. Over the 12 readings on record, inventory moved between 41 and 72 — a 31-point spread across 27 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 02122, 02126, 02121, 02125.
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 02124 vs 02108Compare this market with another tracked ZIP or peer group.
- Compare 02124 vs 02109Compare this market with another tracked ZIP or peer group.
- Compare 02124 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 02122 housing marketReview a nearby local market with the same core measures.
- ZIP 02126 housing marketReview a nearby local market with the same core measures.
- ZIP 02121 housing marketReview a nearby local market with the same core measures.
- Boston Metro housing market overviewReturn to the broader parent market.
02124 Housing Market Overview FAQ
What is the typical home value in ZIP 02124?
The typical home value in ZIP 02124 is $698,161 in the latest monthly reading.
What is the typical rent in ZIP 02124?
Typical rent in ZIP 02124 is $3,041 per month.
What is the home-value-to-rent ratio in ZIP 02124?
ZIP 02124 has a home-value-to-annual-rent ratio of 19.1.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules