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How Much Does a House Cost in Boston?

The median tracked Boston ZIP has a typical home value of $815,935. That is a typical-value index, not a sale-price median — the two differ, which is why published figures for Boston rarely match. The median tracked ZIP in Boston has a typical home value of $815,935 and typical rent of $3,297 per month. Across tracked ZIPs the typical home value runs from $608,161 in 02126 to $3,306,316 in 02199 — a factor of 5.4. The median tracked ZIP has a home-value-to-annual-rent ratio of 20.6.

Key stats

  • The median tracked ZIP in Boston has a typical home value of $815,935 and typical rent of $3,297 per month.
  • Across tracked ZIPs the typical home value runs from $608,161 in 02126 to $3,306,316 in 02199 — a factor of 5.4.
  • The median tracked ZIP has a home-value-to-annual-rent ratio of 20.6.
  • 20 of 28 tracked ZIPs (71%) show the current cooling flag.
  • 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
housing cost spread
Across tracked ZIPs the typical home value runs from $608,161 in 02126 to $3,306,316 in 02199 — a factor of 5.4.
metro price to rent
The median tracked ZIP has a home-value-to-annual-rent ratio of 20.6.
cooling share
20 of 28 tracked ZIPs (71%) show the current cooling flag.

What a house costs in Boston

The median tracked Boston ZIP has a typical home value of $815,935. That is a typical-value index, not a sale-price median — the two differ, which is why published figures for Boston rarely match.

What the figure hides

Across tracked ZIPs the typical home value runs from $608,161 in 02126 to $3,306,316 in 02199 — a factor of 5.4.

A budget does not shop the metro; it shops the ZIPs it reaches. The range above is the one that matters when the citywide figure and the listings you can see do not agree.

Sources and method

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