The Boston housing market is very competitive. Homes in Boston receive 3 offers on average and sell in around 31 days. The median sale price of a home in Boston was $775K last month, up 0.6% since last year. The median sale price per square foot in Boston is $647, up 0.5% since last year.
In September 2024, Boston home prices were up 0.6% compared to last year, selling for a median price of $775K. On average, homes in Boston sell after 31 days on the market compared to 28 days last year. There were 354 homes sold in September this year, down from 388 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$775,000
+0.6% YoY | Sep 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Sep 2024
Growth
% YoY
Boston, MA
$775,000
+0.6%
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 81% higher than the national average. Overall cost of living in Boston is 46% higher than the national average. Learn which home features in Boston add value to a home.
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How hot is the Boston housing market?
Boston is very competitive. Homes sell in 26 days.
0
100
71
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 26 days.
Hot homes
can sell for about 2% above list price and go pending in around 15 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
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.
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. 14,579 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.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Boston has a moderate risk of wildfire. There are 1,861 properties in Boston that have some risk of being affected by wildfire over the next 30 years. This represents 1% 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. 98,417 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.