ZIP 02118 covers South End Boston, historic brownstone blocks, urban condo and apartment market. The typical home value in ZIP 02118 in the Boston housing market is $964,912, with a typical rent of $3,879 per month. That puts the local home-value-to-annual-rent ratio at 20.7.
Key stats
- ZIP 02118 is around the 70th percentile of tracked local ZIPs for home value.
- ZIP 02118 is around the 81st percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 20.7.
- 61 homes went pending for every 100 new listings in the current reading.
- Supply contracted while buyer competition strengthened.
- Typical home value
- $964,912
- Typical rent
- $3,879
- Homes for sale
- 185
- Buyer competition
- 49
- New listings
- 33
- Homes going pending
- 20
- Listings with price cuts
- 17.9%
Price and rent in ZIP 02118
ZIP 02118 is around the 70th percentile of tracked local ZIPs for home value. ZIP 02118 is around the 88th percentile of tracked local ZIPs for rent.
ZIP 02118 home value & rent trend (past 12 months)
Typical home value rose 2.1% over the past 12 months, from $945,114 to $964,912. It rose in 6 of 11 monthly readings. The largest monthly gain was +0.7% in November 2025.
Typical rent rose 3.2% over the past 12 months, from $3,757 to $3,879. It rose in 6 of 11 monthly readings. The largest monthly gain was +2.4% in December 2025.
How ZIP 02118 compares to Boston
ZIP 02118's typical home value is 22.3% above the Boston median of $788,761. ZIP 02118's typical rent is 20.9% above the Boston median of $3,209. ZIP 02118's buyer competition is 8.9% above the Boston median of 45.
Supply, pending activity, and competition
ZIP 02118 is around the 92nd percentile of tracked local ZIPs for for-sale inventory. ZIP 02118 is around the 81st percentile of tracked local ZIPs for buyer competition. 61 homes went pending for every 100 new listings in the current reading. Supply contracted while buyer competition strengthened. Over the 12 readings on record, inventory moved between 103 and 210 — a 107-point spread across 27 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 02199, 02116, 02120, 02119.
Continue your market research
- Is the Boston Real Estate Market Cooling or Slowing Down?Read the related local market analysis.
- Is Boston a Buyer's Market?Read the related local market analysis.
- All Boston ZIP comparisonsCompare this market with another tracked ZIP or peer group.
- ZIP 02199 housing marketReview a nearby local market with the same core measures.
- ZIP 02116 housing marketReview a nearby local market with the same core measures.
- ZIP 02120 housing marketReview a nearby local market with the same core measures.
- Boston housing market overviewReturn to the broader parent market.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules
Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.