HomeMarketCap.com

ZIP 02115 Boston, MA Housing Market

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

02115 — Fenway and Longwood area

Price, Rent & Competition

$933,201

$3,272

30 index

89

Supply & Market Activity

14

10

17.95%

Area profile & market context

Population

29,705

Population density

16,138 / sq mi

Latest market movement

Home value (MoM)

-0.43%

Inventory (MoM)

-7.29%

Buyer competition (MoM)

-3.23%

New listings (MoM)

-41.67%

Homes Pending (MoM)

-16.67%

Price cuts share (MoM)

-0.27%

Typical rent (YoY)

+4.83%

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: 10 · MoM: -16.67% · YoY: -

Other local market activity

  • New listings

    Value: 14 · MoM: -41.67% · YoY: -30.00%

  • Homes for sale

    Value: 89 · MoM: -7.29% · YoY: 8.54%

  • Buyer competition

    Value: 30 · MoM: -3.23% · YoY: -53.13%

  • Price cuts share

    Value: 17.95% · MoM: -0.27% · YoY: 67.31%

  • Home sales activity (metro)

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

ZIP 02115 covers Fenway / Longwood area, student and medical-adjacent housing demand, higher-density renter-heavy market. The typical home value in ZIP 02115 in the Boston housing market is $933,201, with a typical rent of $3,272 per month. That puts the local home-value-to-annual-rent ratio at 23.8.

Key stats

  • ZIP 02115 is around the 63rd percentile of tracked local ZIPs for home value.
  • ZIP 02115 is around the 11th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 23.8.
  • 71 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
$933,201
Typical rent
$3,272
Homes for sale
89
Buyer competition
30
New listings
14
Homes going pending
10
Listings with price cuts
17.9%
Typical home value — past 12 months
Sep 25 – Aug 26
Down 5.7% over 12 months
Typical home value down 5.7% over the last 12 months in ZIP 02115.
Typical rent — past 12 months
Sep 25 – Aug 26
Up 6.0% over 12 months
Typical rent up 6.0% over the last 12 months in ZIP 02115.
Homes for sale — past 12 months
Sep 25 – Aug 26
Up 14.1% over 12 months
Homes for sale up 14.1% over the last 12 months in ZIP 02115.
New listings — past 12 months
Sep 25 – Aug 26
Down 17.6% over 12 months
New listings down 17.6% over the last 12 months in ZIP 02115.
Homes going pending — past 12 months
Feb 26 – Aug 26
Up 66.7% over 7 months
Homes going pending up 66.7% over the last 7 months in ZIP 02115.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Down 45.5% over 12 months
Buyer competition index down 45.5% over the last 12 months in ZIP 02115.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Up 16.3% over 12 months
Listings with price cuts up 16.3% over the last 12 months in ZIP 02115.

Price and rent in ZIP 02115

ZIP 02115 is around the 63rd percentile of tracked local ZIPs for home value. ZIP 02115 is around the 54th percentile of tracked local ZIPs for rent.

ZIP 02115 home value & rent trend (past 12 months)

Typical home value fell 5.7% over the past 12 months, from $989,932 to $933,201. It rose in 2 of 11 monthly readings. The largest monthly gain was +0.2% in October 2025.

Typical rent rose 6.0% over the past 12 months, from $3,086 to $3,272. It rose in 6 of 11 monthly readings. The largest monthly gain was +3.1% in December 2025.

How ZIP 02115 compares to Boston

ZIP 02115's typical home value is 18.3% above the Boston median of $788,761. ZIP 02115's typical rent is 2.0% above the Boston median of $3,209. ZIP 02115's buyer competition is 33.3% below the Boston median of 45.

Supply, pending activity, and competition

ZIP 02115 is around the 65th percentile of tracked local ZIPs for for-sale inventory. ZIP 02115 is around the 11th percentile of tracked local ZIPs for buyer competition. 71 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 12 readings on record, inventory moved between 48 and 98 — a 50-point spread across 27 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 02215, 02120, 02199, 02116.

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 02115, in the other tracked markets.