Boston Area Real Estate Market

Greater Boston Real Estate

Average Single Family Home Price

Change from Previous Year

$465,000

+3.7%

Average Condo Price

Change from Previous Year

$445,000

+8.4%

Most Expensive Areas

Back Bay, Waterfront, Seaport, Downtown, Brookline, Belmont, Financial District, Chinatown

Most Affordable Areas

Allston Brighton, Sommerville, East Boston, Chelsea, Dorchester, Mattapan, Dorchester, Roxbury, Hyde Park, Roslindale

The Boston Real Estate Market is very dynamic, showing strong demand across the board. The median home value in the Boston area is around $460,000 and Boston home values have gone up over 9% over the past year.

Boston is known for its many unique and vibrant neigbourhoods, each with its unique character. Property values in the city reflect the location and character of each neigbourhood and can vary a great deal. For example, the average condo price in the Back Bay area in 2016 was $1,1 million but only a short walk away is Allston/Brighton where the average condo price is around $370,000.

 

The following information illustrates average property prices and real estate market factors for each Boston neigbourhood and neraby towns;

 

 

Real Estate Market Information in Boston

Following is a real estate market summary and unique attributes of each Boston neighborhood.

  Town or Neighbourhood Average Property Price Average Income School Testing Size Attributes
Search For Properties Allston Medium Property Prices Low Income Area Low MCAS Score Small Community Urban CommunityDiverse CommunityStudent CommunityCultural Options in CommunityWaterfront CommunityShopping available in CommunityCommunity with many RestaurantsCommunity with Subway access
Search For Properties Arlington Medium Property Prices High Income Area High MCAS Score Medium Size Community Suburban Community
Search For Properties Back Bay High Property Prices Medium Income Area Low MCAS Score Medium Size Community Urban CommunityCommunity with many RestaurantsShopping available in CommunityCultural Options in CommunityCommunity with Subway access
Search For Properties Bay Village High Property Prices Medium Income Area Low MCAS Score Small Community Urban CommunityCommunity with many RestaurantsShopping available in CommunityCultural Options in CommunityResidential CommunityCommunity with Subway access
Search For Properties Beacon Hill High Property Prices Medium Income Area Low MCAS Score Small Community Urban CommunityCommunity with many RestaurantsShopping available in CommunityCultural Options in CommunityResidential CommunityCommunity with Subway access
Search For Properties Belmont High Property Prices High Income Area High MCAS Score Small Community Suburban CommunityCommunity with Train Access
Search For Properties Brighton Medium Property Prices Low Income Area Low MCAS Score Medium Size Community Urban CommunityDiverse CommunityStudent CommunityCultural Options in CommunityShopping available in CommunityCommunity with many RestaurantsCommunity with Subway access
Search For Properties Brookline High Property Prices High Income Area High MCAS Score Medium Size Community Suburban CommunityCommunity with Subway accessShopping available in CommunityCommunity with many Restaurants
Search For Properties Cambridge High Property Prices Medium Income Area Medium  MCAS Score Large Community Urban CommunityShopping available in CommunityCultural Options in CommunityStudent CommunityCommunity with Subway accessCommunity with Train AccessWaterfront CommunityShopping available in CommunityCommunity with many Restaurants
Search For Properties Charlestown High Property Prices Medium Income Area Low MCAS Score Small Community Urban CommunityCommunity with many RestaurantsCultural Options in CommunityResidential CommunityWaterfront Community
Search For Properties Chelsea Low Property Prices Low Income Area Low MCAS Score Medium Size Community Urban CommunityDiverse CommunityShopping available in CommunityCommunity with many RestaurantsWaterfront CommunityCommunity with Train AccessCommunity with Subway access
Search For Properties Chinatown High Property Prices Medium Income Area Low MCAS Score Small Community Urban CommunityCommunity with many RestaurantsShopping available in CommunityCultural Options in CommunityDiverse CommunityCommunity with Subway access
Search For Properties Dorchester Low Property Prices Low Income Area Low MCAS Score Large Community Urban CommunityResidential CommunityCommunity with Subway accessDiverse CommunityCommunity with many RestaurantsShopping available in Community
Search For Properties Downtown High Property Prices Medium Income Area Low MCAS Score Small Community Urban CommunityCommunity with many RestaurantsShopping available in CommunityCultural Options in CommunityCommunity with Subway access
Search For Properties East Boston Low Property Prices Low Income Area Low MCAS Score Medium Size Community Urban CommunityDiverse CommunityCommunity with Subway accessResidential CommunityWaterfront CommunityCommunity with many RestaurantsShopping available in Community
Search For Properties Everett Low Property Prices Medium Income Area Low MCAS Score Medium Size Community Urban CommunityDiverse CommunityWaterfront Community
Search For Properties Fenway High Property Prices Low Income Area Low MCAS Score Medium Size Community Urban CommunityCommunity with many RestaurantsShopping available in CommunityCultural Options in CommunityCommunity with Subway access
Search For Properties Financial District High Property Prices Medium Income Area Low MCAS Score Small Community Urban CommunityCommunity with many RestaurantsShopping available in CommunityCultural Options in CommunityCommunity with Subway access
Search For Properties Hyde Park Low Property Prices Medium Income Area Low MCAS Score Small Community Suburban CommunityCommunity with Train AccessDiverse Community
Search For Properties Jamaica Plain High Property Prices Medium Income Area Low MCAS Score Medium Size Community Urban CommunityDiverse CommunityCommunity with many RestaurantsShopping available in CommunityResidential CommunityCommunity with Subway access
Search For Properties Lexington High Property Prices High Income Area High MCAS Score Small Community Suburban CommunityShopping available in CommunityCommunity with many Restaurants
Search For Properties Lynn Low Property Prices Medium Income Area Low MCAS Score Large Community Urban CommunityDiverse CommunityShopping available in CommunityCommunity with many RestaurantsWaterfront CommunityCommunity with Train Access
Search For Properties Malden Low Property Prices Medium Income Area Medium  MCAS Score Medium Size Community Suburban CommunityDiverse CommunityCommunity with Subway accessCommunity with Train Access
Search For Properties Mattapan Low Property Prices Low Income Area Low MCAS Score Large Community Urban CommunityDiverse CommunityResidential CommunityCommunity with many RestaurantsShopping available in Community
Search For Properties Medford Medium Property Prices Medium Income Area Low MCAS Score Medium Size Community Suburban CommunityWaterfront CommunityCommunity with Train Access
Search For Properties Melrose Medium Property Prices Medium Income Area High MCAS Score Small Community Suburban Community
Search For Properties Midtown High Property Prices Low Income Area Low MCAS Score Small Community Urban CommunityShopping available in CommunityCommunity with many RestaurantsCommunity with Subway access
Search For Properties Milton Medium Property Prices High Income Area High MCAS Score Small Community Suburban CommunityCommunity with Subway access
Search For Properties Mission Hill High Property Prices Low Income Area Low MCAS Score Medium Size Community Urban CommunityCommunity with many RestaurantsShopping available in CommunityCultural Options in CommunityResidential CommunityCommunity with Subway access
Search For Properties Nahant Medium Property Prices High Income Area High MCAS Score Small Community Suburban Community
Search For Properties Newton High Property Prices High Income Area High MCAS Score Large Community Suburban CommunityShopping available in CommunityCommunity with many RestaurantsCommunity with Subway access
Search For Properties North End High Property Prices Medium Income Area Low MCAS Score Small Community Urban CommunityCommunity with many RestaurantsShopping available in CommunityCultural Options in CommunityResidential CommunityCommunity with Subway accessWaterfront Community
Search For Properties Quincy Low Property Prices Medium Income Area Medium  MCAS Score Large Community Suburban CommunityCommunity with many RestaurantsWaterfront CommunityCommunity with Subway access
Search For Properties Revere Low Property Prices Medium Income Area Medium  MCAS Score Medium Size Community Suburban CommunityCommunity with Subway accessWaterfront CommunityCommunity with Train Access
Search For Properties Roslindale Low Property Prices Medium Income Area Low MCAS Score Large Community Suburban CommunityCommunity with many RestaurantsShopping available in CommunityDiverse CommunityCommunity with Train AccessResidential Community
Search For Properties Roxbury Medium Property Prices Low Income Area Low MCAS Score Medium Size Community Urban CommunityDiverse CommunityCommunity with Subway access
Search For Properties Saugus Low Property Prices Medium Income Area Medium  MCAS Score Small Community Suburban CommunityShopping available in Community
Search For Properties Seaport High Property Prices Low Income Area Low MCAS Score Small Community Urban CommunityShopping available in CommunityCommunity with many RestaurantsWaterfront CommunityCommunity with Subway accessCultural Options in Community
Search For Properties Somerville High Property Prices Medium Income Area Low MCAS Score Large Community Urban CommunityDiverse CommunityShopping available in CommunityCommunity with many RestaurantsWaterfront CommunityCommunity with Subway access
Search For Properties South Boston Medium Property Prices Medium Income Area Low MCAS Score Medium Size Community Urban CommunityResidential CommunityWaterfront Community
Search For Properties South End High Property Prices Medium Income Area Low MCAS Score Large Community Urban CommunityResidential CommunityShopping available in CommunityCommunity with many RestaurantsCommunity with Subway access
Search For Properties Stoneham Low Property Prices Medium Income Area High MCAS Score Small Community Suburban Community
Search For Properties Wakefield Medium Property Prices Medium Income Area Medium  MCAS Score Small Community Suburban CommunityCommunity with many RestaurantsShopping available in CommunityCommunity with Train Access
Search For Properties Waltham Medium Property Prices Medium Income Area Low MCAS Score Large Community Urban CommunityCommunity with many RestaurantsShopping available in CommunityCommunity with Train Access
Search For Properties Waterfront High Property Prices Low Income Area Low MCAS Score Small Community Urban CommunityCommunity with many RestaurantsShopping available in CommunityWaterfront CommunityCommunity with Subway accessCultural Options in Community
Search For Properties Wellesley High Property Prices High Income Area High MCAS Score Small Community Suburban CommunityShopping available in CommunityCommunity with many RestaurantsCommunity with Train Access
Search For Properties West End High Property Prices Medium Income Area Low MCAS Score Small Community Urban CommunityDiverse CommunityCommunity with Subway accessCommunity with many RestaurantsShopping available in Community
Search For Properties West Roxbury Medium Property Prices Medium Income Area Low MCAS Score Small Community Suburban CommunityResidential CommunityCommunity with Train AccessShopping available in CommunityCommunity with many Restaurants
Search For Properties Winchester High Property Prices High Income Area High MCAS Score Small Community Suburban CommunityCommunity with Train Access
Search For Properties Winthrop Low Property Prices Medium Income Area Low MCAS Score Small Community Suburban CommunityWaterfront Community
Search For Properties Woburn Low Property Prices Medium Income Area Medium  MCAS Score Medium Size Community Suburban CommunityShopping available in CommunityCommunity with many RestaurantsCommunity with Train Access