ZIP 02124 covers residential neighborhoods in Dorchester Center, located within Suffolk County, MA, part of the broader Boston housing market. The typical home value in ZIP 02124 in the Dorchester Center housing market is $681,145, with a typical rent of $3,039 per month. That puts the local home-value-to-annual-rent ratio at 18.7.
Key stats
- ZIP 02124 is around the 30th percentile of tracked local ZIPs for home value.
- ZIP 02124 is around the 33rd percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 18.7.
- 61 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
- $681,145
- Typical rent
- $3,039
- Homes for sale
- 70
- Buyer competition
- 42
- New listings
- 18
- Homes going pending
- 11
- Listings with price cuts
- 25.7%
Price and rent in ZIP 02124
ZIP 02124 is around the 30th percentile of tracked local ZIPs for home value. ZIP 02124 is around the 19th percentile of tracked local ZIPs for rent.
ZIP 02124 home value & rent trend (past 12 months)
Typical home value fell 0.1% over the past 12 months, from $682,093 to $681,145. It rose in 6 of 11 monthly readings. The largest monthly gain was +0.5% in January 2026.
Typical rent rose 1.0% over the past 12 months, from $3,008 to $3,039. It rose in 5 of 11 monthly readings. The largest monthly gain was +2.2% in January 2026.
How ZIP 02124 compares to Boston
ZIP 02124's typical home value is 13.6% below the Dorchester Center median of $788,761. ZIP 02124's typical rent is 5.3% below the Dorchester Center median of $3,209. ZIP 02124's buyer competition is 6.7% below the Dorchester Center median of 45.
Supply, pending activity, and competition
ZIP 02124 is around the 58th percentile of tracked local ZIPs for for-sale inventory. ZIP 02124 is around the 33rd percentile of tracked local ZIPs for buyer competition. 61 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 41 and 72 — a 31-point spread across 27 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 02122, 02126, 02121, 02125.
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 02122 housing marketReview a nearby local market with the same core measures.
- ZIP 02126 housing marketReview a nearby local market with the same core measures.
- ZIP 02121 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.