HomeMarketCap.com

ZIP 02108 Boston, MA Housing Market

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

02108 — Beacon Hill and Downtown Boston

Price, Rent & Competition

$1,703,117

$3,081

27 index

55

Supply & Market Activity

6

13.80%

Area profile & market context

Population

3,794

Population density

5,349 / sq mi

Latest market movement

Home value (MoM)

+0.92%

Inventory (MoM)

-11.29%

Buyer competition (MoM)

-10.00%

Homes Pending (MoM)

-14.29%

Price cuts share (MoM)

-18.18%

Typical rent (YoY)

+6.77%

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: 6 · MoM: -14.29% · YoY: -

Other local market activity

  • Homes for sale

    Value: 55 · MoM: -11.29% · YoY: 19.57%

  • Buyer competition

    Value: 27 · MoM: -10.00% · YoY: -37.21%

  • Price cuts share

    Value: 13.80% · MoM: -18.18% · YoY: 71.62%

  • Home sales activity (metro)

    Value: 4,752 · MoM: -19.28% · YoY: -5.75%

ZIP 02108 covers Beacon Hill, Downtown Boston, Massachusetts State House area. The typical home value in ZIP 02108 in the Boston housing market is $1,703,117, with a typical rent of $3,081 per month. That puts the local home-value-to-annual-rent ratio at 46.1.

Key stats

  • ZIP 02108 is around the 96th percentile of tracked local ZIPs for home value.
  • ZIP 02108 is around the 4th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 46.1.
  • Supply and buyer competition did not produce a clear easing or tightening split.
  • ZIP 02108's typical home value is 115.9% above the Boston median of $788,761.
Typical home value
$1,703,117
Typical rent
$3,081
Homes for sale
55
Buyer competition
27
Homes going pending
6
Listings with price cuts
13.8%
Typical home value — past 12 months
Sep 25 – Aug 26
Up 4.7% over 12 months
Typical home value up 4.7% over the last 12 months in ZIP 02108.
Typical rent — past 12 months
Sep 25 – Aug 26
Up 11.6% over 12 months
Typical rent up 11.6% over the last 12 months in ZIP 02108.
Homes for sale — past 12 months
Sep 25 – Aug 26
Up 34.1% over 12 months
Homes for sale up 34.1% over the last 12 months in ZIP 02108.
Homes going pending — past 12 months
Mar 26 – Aug 26
Up 20.0% over 6 months
Homes going pending up 20.0% over the last 6 months in ZIP 02108.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Down 30.8% over 12 months
Buyer competition index down 30.8% over the last 12 months in ZIP 02108.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Up 45.9% over 12 months
Listings with price cuts up 45.9% over the last 12 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 31st percentile of tracked local ZIPs for rent.

ZIP 02108 home value & rent trend (past 12 months)

Typical home value rose 4.7% over the past 12 months, from $1,626,503 to $1,703,117. It rose in 9 of 11 monthly readings. The largest monthly gain was +0.9% in August 2026.

Typical rent rose 11.6% over the past 12 months, from $2,760 to $3,081. It rose in 9 of 11 monthly readings. The largest monthly gain was +5.3% in April 2026.

How ZIP 02108 compares to Boston

ZIP 02108's typical home value is 115.9% above the Boston median of $788,761. ZIP 02108's typical rent is 4.0% below the Boston median of $3,209. ZIP 02108's buyer competition is 40.0% below the Boston median of 45.

Supply, pending activity, and competition

ZIP 02108 is around the 35th percentile of tracked local ZIPs for for-sale inventory. ZIP 02108 is around the 4th percentile of tracked local ZIPs for buyer competition. Supply and buyer competition did not produce a clear easing or tightening split. Over the 12 readings on record, inventory moved between 30 and 63 — a 33-point spread across 27 comparable tracked ZIPs. Over the 12 readings on record, buyer competition moved between 23 and 57 — a 34-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 by the HomeMarketCap.com team 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.