HomeMarketCap.com

ZIP 02108 Boston, MA Housing Market

City
Boston
County
Suffolk County
State
MA
Metro area
Boston-Cambridge-Newton, MA-NH

02108Beacon Hill and Downtown Boston

Price, Rent & Competition

$1,688,967

$3,110

30 index

62

Supply & Market Activity

12

7

16.87%

Area profile & market context

Population

3,794

Population density

5,349 / sq mi

Latest market movement

Home value (MoM)

+0.49%

Inventory (MoM)

-1.59%

Buyer competition (MoM)

-3.23%

New listings (MoM)

-29.41%

Homes Pending (MoM)

-12.50%

Price cuts share (MoM)

+13.74%

Typical rent (YoY)

+8.75%

How quickly homes are selling

Selling slower

Homes appear to be going under contract more slowly in this ZIP.

This summary uses one direct sale-speed signal for this ZIP. Supporting ZIP and metro context is shown separately.

Sale-speed figures and broader market activity are shown separately. Missing sale-speed values are not estimated.

Sale-speed measures for this ZIP

  • Homes going pending

    Value: 7 · MoM: -12.50% · YoY: -

Other local market activity

  • New listings

    Value: 12 · MoM: -29.41% · YoY: -

  • Homes for sale

    Value: 62 · MoM: -1.59% · YoY: 16.98%

  • Buyer competition

    Value: 30 · MoM: -3.23% · YoY: -18.92%

  • Price cuts share

    Value: 16.87% · MoM: 13.74% · YoY: 59.30%

  • Home sales activity (metro)

    Value: 5,964 · MoM: 1.14% · YoY: 12.89%

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%
Typical home value — past 12 months
Sep 25Jul 26
Up 3.8% over 11 months
Typical home value up 3.8% over the last 11 months in ZIP 02108.
Typical rent — past 12 months
Sep 25Jul 26
Up 15.5% over 11 months
Typical rent up 15.5% over the last 11 months in ZIP 02108.
Homes for sale — past 12 months
Sep 25Jul 26
Up 51.2% over 11 months
Homes for sale up 51.2% over the last 11 months in ZIP 02108.
New listings — past 12 months
Jan 26Jul 26
Up 140.0% over 7 months
New listings up 140.0% over the last 7 months in ZIP 02108.
Buyer competition index — past 12 months
Sep 25Jul 26
Down 23.1% over 11 months
Buyer competition index down 23.1% over the last 11 months in ZIP 02108.
Listings with price cuts — past 12 months
Sep 25Jul 26
Up 78.3% over 11 months
Listings with price cuts up 78.3% over the last 11 months in ZIP 02108.

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 3.8% over the last 11 months, from $1,627,900 to $1,688,967. It rose in 8 of 10 monthly readings. The largest monthly gain was +0.8% in November 2025.

Typical rent rose 15.5% over the last 11 months, from $2,692 to $3,110. It rose in 9 of 10 monthly readings. The largest monthly gain was +5.4% in April 2026.

How ZIP 02108 compares to Boston

ZIP 02108's typical home value is 107.0% above the Boston median of $815,935. ZIP 02108's typical rent is 5.7% below the Boston median of $3,297. ZIP 02108's buyer competition is 30.2% below the Boston 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 11 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 02114, 02111, 02110, 02109.

Continue your market research

Sources and method

Figures are updated monthly under our editorial policy. Spotted something wrong? Report a correction.

Explore ZIP Pages in Boston

ZIP codes at a similar price in other cities

Typical home value within reach of ZIP 02108, in the other tracked markets.