The Dorchester housing market is very competitive. Homes in Dorchester receive 4 offers on average and sell in around 26 days. The median sale price of a home in Dorchester was $720K last month, up 12.5% since last year. The median sale price per square foot in Dorchester is $492, up 4.5% since last year.
What is the housing market like in Dorchester today?
In October 2024, Dorchester home prices were up 12.5% compared to last year, selling for a median price of $720K. On average, homes in Dorchester sell after 26 days on the market compared to 21 days last year. There were 143 homes sold in October this year, up from 109 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$720,000
+12.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Dorchester, MA
$720,000
+12.5%
United States
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How hot is the Dorchester housing market?
Dorchester is very competitive. Homes sell in 22 days.
0
100
76
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 22 days.
Hot homes
can sell for about 2% above list price and go pending in around 13 days.
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 Dorchester housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Dorchester.
Flood Factor - Major
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Dorchester has a major risk of flooding. 2,049 properties in Dorchester are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in Dorchester. Flood risk is increasing faster than the national average.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Dorchester has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Dorchester is most at risk from hurricanes. 17,434 properties in Dorchester 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 101 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 110 mph.