Explore Boston
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Why Live in Boston
Boston's historic Fenway Park stands as the heart of Red Sox Nation, while the 2.5-mile Freedom Trail connects 16 revolutionary landmarks through the city's storied streets. The Boston Common, America's oldest public park, provides a peaceful retreat alongside the Public Garden's iconic Swan Boats. Cultural attractions include the Museum of Fine Arts' extensive collections and the New England Aquarium's marine exhibits. The restaurant scene features standouts like O Ya's 20-course omakase dinners and Regina Pizzeria's classic pies in the North End.
The Boston housing market presents diverse options across its neighborhoods. Single-family homes concentrate in Jamaica Plain, where the median price reaches $1,231,000, and West Roxbury, with a median price of $875,000. Condos prevail in areas like Back Bay, where one-bedroom units have a median price of $799,900 and two-bedrooms reach $1,825,000. South Boston offers more affordable condo options, with one-bedrooms at a median of $579,500 and two-bedrooms at $882,000.
Boston's cost of living stands 45.8% above the national average. A married couple with children needs an annual salary of $154,000 to live comfortably, while renters should aim for $102,000. The property tax rate in Suffolk County is 0.67%, lower than nearby Cambridge and Somerville at 1.05%. Massachusetts applies a 5% state income tax and 6.25% sales tax.
The city maintains excellent educational options, including the APlus rated Boston Latin School serving Downtown Boston and Boston Common. Private institutions like Brimmer and May School and The Roxbury Latin School also receive top ratings. Major universities include Boston University, Northeastern University, and Emerson College. The extensive MBTA public transit system connects neighborhoods through subway, bus, and commuter rail services, while water taxis serve waterfront locations.
Home Prices in Boston, MA
The median home sale price in Boston, MA is $899,000, up 2% year-over-year. Homes in Boston sell in 49 days on average, compared to the national average of 56 days.
Home Price Trends
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Median Sale Price
$899,000
|
Median Single Family Sale Price
$1,205,000
|
|
Median Townhouse Sale Price
$1,187,000
|
Median 2 Bedroom Sale Price
$990,000
|
|
Median 1 Bedroom Sale Price
$699,000
|
Average Price Per Sq Ft
$1,088
|
|
Number of Homes for Sale
1,169
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Last 12 months Home Sales
2,476
|
|
Months of Supply
5.70
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Median List Price
$949,499
|
|
Median Change From 1st List Price
3%
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Median Home Sale Price YoY Change
2%
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Popular Home Searches in Boston, MA
Boston buyers often prioritize historic charm, compact walkable neighborhoods, and smart use of space across areas like Back Bay, South End, and Jamaica Plain.
- Drawn to classic New England homes? Search for Victorian homes or colonial style properties in Boston’s older neighborhoods.
- Prefer city views and outdoor space? Check out listings with a rooftop deck or balcony overlooking the skyline or harbor.
- Want to stay close to the T? Consider compact condos or townhomes in transit-friendly neighborhoods.
- Need flexible living space? Look for homes with a basement or home office to adapt to your lifestyle.
- Interested in newer builds? Explore new construction or modern mid-century modern homes popping up in and around the city.