Use caution before assuming buying is improving; the rent-vs-buy decision needs monthly payment math plus city affordability and ZIP competition context. 20 of 28 tracked ZIPs (71%) show the current cooling flag. The median tracked ZIP has a home-value-to-annual-rent ratio of 20.6. The median tracked ZIP records about 58 pending homes per 100 new listings.
Key stats
- 20 of 28 tracked ZIPs (71%) show the current cooling flag.
- The median tracked ZIP has a home-value-to-annual-rent ratio of 20.6.
- The median tracked ZIP records about 58 pending homes per 100 new listings.
- The metro income-needed indicator changed 0.60% year over year.
- Tracked ZIP markets
- 28
- Median ZIP home value
- $815,935
- Median ZIP rent
- $3,297
- cooling share
- 20 of 28 tracked ZIPs (71%) show the current cooling flag.
- metro price to rent
- The median tracked ZIP has a home-value-to-annual-rent ratio of 20.6.
- median pending flow
- The median tracked ZIP records about 58 pending homes per 100 new listings.
Boston price-to-rent context
The median tracked ZIP has a home-value-to-annual-rent ratio of 20.6.
The income-needed indicator changed 0.60% year over year.
Sources and method
- HomeMarketCap.com data sources: ZIP and metro housing-market datasets
- HomeMarketCap.com methodology: calculation and missing-data rules