The Boston housing market is somewhat competitive. Homes in Boston receive 4 offers on average and sell in around 24 days. The median sale price of a home in Boston was $820K last month, up 7.2% since last year. The median sale price per square foot in Boston is $687, up 7.3% since last year.
In March 2024, Boston home prices were up 7.2% compared to last year, selling for a median price of $820K. On average, homes in Boston sell after 24 days on the market compared to 27 days last year. There were 338 homes sold in March this year, down from 419 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$819,750
+7.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Boston, MA
$819,750
+7.2%
United States
To compare other locations to the Boston and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Boston's median sale price is 99% higher than the national average. Overall cost of living in Boston is 47% higher than the national average. Learn which home features in Boston add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Boston housing market?
Boston is somewhat competitive. Homes sell in 32 days.
0
100
60
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 32 days.
Hot homes
can sell for about 1% above list price and go pending in around 16 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Boston
Explore recent offers and recently sold homes in Boston
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Mary Lee Burbank School
Public • K-4
417
Students
2 reviews
10/10
Winthrop L Chenery Middle School
Public • 5-8
1428
Students
6 reviews
10/10
Butler Elementary School
Public • K-4
384
Students
7 reviews
10/10
Benjamin G. Brown School
Public • K-5
229
Students
6 reviews
9/10
Haggerty School
Public • PreK-5
261
Students
16 reviews
Only showing 5 of
100+ elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Boston housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Boston.
Risk Factor
Flood Factor - Major
30% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Boston has a major risk of flooding. 14,878 properties in Boston are likely to be
severely affected
by flooding over the next 30 years. This represents 30% of all properties in Boston. Flood risk is increasing faster than the national average.
6% of properties are at risk of wildfire over the next 30 years
Fire Factor
Boston has a moderate risk of wildfire. There are 6,098 properties in Boston that have some risk of being affected by wildfire over the next 30 years. This represents 6% of all properties in Boston.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Boston has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Boston is most at risk from hurricanes. 98,453 properties in Boston have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 123 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 132 mph.