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Boston Housing Market

Boston housing market continues to experience limited inventory while home sales fall

Median home sale price continued to increase year over year in April.

Home sales remain sluggish

Boston recorded 2,933 home sales in April, ranking 20th nationwide for sales volume. This represented a 5.1% decrease in sales compared to a year ago, well below the national annual growth rate of 0.6%. Limited inventory, high home prices, and elevated mortgage rates are keeping many buyers on the sidelines, with some opting to rent instead.

In addition, sluggish job growth and slowing population gains are weighing on Boston’s housing market.

With a limited inventory, Boston’s total number of home days on market averaged 51 days, below the national average of 60 days.

Active listings rise but remain well below pre-pandemic levels

Inventory remains extremely tight, with just 11,605 homes listed for sale in April 2026. Boston ranked 18th in April among the 40 largest metros for inventory growth, but was outpaced by other markets in the Northeast, including Baltimore and Philadelphia.

Boston remains one of the most expensive markets in the country

Boston remains one of the priciest markets in the country. In April, the median home price reached $727,000—ranking seventh nationwide and up 1.7% from a year ago, in line with the national increase.

Price growth was more modest for condos, with the median price increasing 1.2%, while single-family homes recorded stronger growth at 3.2%.


Boston key indicators for April including sales prices, active listings, and home sales.
Boston totaled more than 2,900 home sales in April with an average median sale price of $727,000.


Boston Sale Prices

The median home sale price in Boston increased by 1.7% compared to the same time last year, while the national median price also rose by 1.7%.

Boston ranks 14th for annual median price change among the top 40 US markets

Boston median home prices rose by $12,000 year over year on a nominal basis in April to $727,000. Meanwhile, the national median home price increased by $6,500 to $390,000.

Boston's median home price is above the nation's

Boston was the seventh highest-priced housing market among the top 40 largest markets last month. The Boston median home price of $727,000 was 86.4% above the national median home price. Boston's median home price in April compares to the market's peak of $755,000 recorded in June of 2025.

Boston single-family prices increase

The median price of Boston single-family homes rose $25,000 over the past year to $800,000, while the median townhome price grew 1.4%, and the median condo price rose 1.2%.


Key indicator sale prices boxes for comparing Boston and U.S. sale prices, annual changes, and national rankings for April 2026.
Boston’s median sale price reached $727,000 in April 2026, ranking seventh nationally as annual prices rose 1.7% year-over-year.


Column chart tracking Boston home sale prices from 2018 to 2026, showing steady long-term growth with recent increases.
Boston's median home sale price has declined from its 2025 peak, reaching $727,000 in April.


Area chart showing Boston annual home price percent change from 2018–2026, ending with a slight decline in 2026.
Boston’s annual home price growth turned negative in early 2026, but recovered in April marking a 1.7% year-over-year increase.


Vertical bar chart showing Boston April year-over-year home price changes, peaking in 2022 and moderating to 1.7% in 2026.
Boston sale prices rose 1.7% year over year in April 2026, representing the seventh consecutive year of positive growth.


Horizontal bar chart ranking the top 40 U.S. metros by April home sale prices, showing Boston near the top at $727,000.
At $727,000, Boston ranked seventh among the top 40 U.S. markets for home sale prices in April 2026, trailing only New York and a few West Coast markets.


Horizontal bar chart showing April year-over-year home price changes by top 40 metros; Boston posts a 1.7% annual increase.
Boston ranked 14th out of the top 40 U.S. markets for home sale price appreciation in April, based on percentage change.


Dashboard-style graphic summarizing Boston sale prices and annual growth by property type, highlighting strength in detached homes recording a 3.2% gain.
Detached homes continued to outperform in Boston, posting 3.2% annual price growth. Prices for attached homes and condos also rose year over year in April 2026.


Paired bar charts showing Boston sale prices and annual growth by property type, with strong performance across segments.
In April, all home types recorded year-over-year price increases, with detached homes reaching a median price of $800,000.


Boston Inventory

The number of active listings in Boston increased by 9.9% in April compared to the same time last year, while national active listings rose by 6.3%.

Boston's inventory of homes for sale increases

Boston active listings rose by 1,046 year over year in April to 11,605 active listings. Boston ranked 18th, on a percentage basis, for the annual change in the number of homes for sale among the top 40 U.S. markets in April.

Boston active listings are below their pre-pandemic levels

Boston active listings were below their pre-pandemic levels in the month of April. Boston active listings were 26.1% below the April 2019 total of 15,705.

Boston single-family inventory grows

Boston single-family active listings grew by 3.0% to 6,097 in April. In comparison, townhome active listings rose by 15.8% to 602, and condo active listings increased by 19.0% to 4,906.


Key indicator boxes summarizing Boston and U.S. active listings, year‑over‑year change, and national inventory rankings.
Boston reported 11,605 active listings in April 2026 and ranked 23rd out of the top 40 U.S. markets for inventory levels.


Bar chart showing Boston's monthly active listings, showing Boston ended April 2026 with 11,600 total active listings.
Boston’s active listings remained below pre‑pandemic peaks, totaling approximately 11,600 in April 2026 including month-over-month growth.


Area chart tracking Boston year‑over‑year percent change in active listings from 2018 to 2026, showing moderated growth in the past few years.
The annual growth rate of Boston’s active listings increased to 9.9% in April 2026, following sharper fluctuations in prior years.


Bar chart showing Boston’s April year‑over‑year changes in active listings, turning positive in 2024, 2025, and 2026.
April 2026 marked a 9.9% year‑over‑year increase in Boston active listings, representing the third-consecutive monthly increase in the past three years.


Horizontal bar chart ranking U.S. metros by March active listings; Boston shows 11,605 listings and ranked 23rd out of 40 nationally.
Boston recorded 11,605 active listings in April 2026 and ranked 23rd out of the top 40 U.S. metros.


Bar chart showing the percentage change in active listings in April compared to the same month the previous year, with Boston ranked 18th out of 40 U.S. markets.
Boston ranked 18th out of the top 40 U.S. markets for active listings in April, based on percentage change.


Data point boxes showing active listings by home type, including detached, attached, and condos, showing that all home types experienced an increase in active listings in April 2026.
All home types in Boston posted increases in active listings year-over-year during April, led by condos at 19%.


Bar chart showing active listings and annual change by home type, where condo homes saw the largest increase in active listings in April out of the three home types, up 19.0% year-over-year.
In April, all home types saw an increase in active listings, led by condos at 19%.


Boston Sales

The number of home sales in Boston decreased by 5.1% in April compared to the same time last year, while national home sales rose by 0.6%.

Boston home sales decrease

Boston home sales declined by 156 year over year on a nominal basis in April to 2,933. For context, 3,089 sales closed in Boston in April 2025.

Boston's annual home sales activity change ranks 35th nationally

Boston ranked 35th for the annual change in home sales out of the top 40 U.S. markets in April on a percentage basis. This year's April decrease of 5.1% compares to the 0.7% year over year decrease in April 2025.

Single-family sales in Boston are lower than a year ago

Boston single-family sales decreased by 9.3% in April to 1,662. In comparison, townhome sales fell by 5.6% to 153, and condo sales rose by 2.1% to 1,118.


Data point boxes showing key home sales indicators for April in the Boston market, and comparing them to national figures, with Boston ranked amongst the middle when compared to national home sales trends.
Boston ranked 35th out of the top 40 U.S. markets for home sales in April 2026, representing a 5.1% decrease compared to the same month in the previous year.


Bar chart showing Boston's monthly home sales, showing Boston ended April 2026 with 2,933 total home sales.
Boston home sales totaled approximately 2,933 in April 2026, remaining below pre‑pandemic totals but better than the previous two months.


Area chart showing the year-over-year change in home sales, with a 5.1% decrease in April 2026 compared to the same month in 2025.
Home sales in Boston decreased by 5.1% compared to this time last year in April.


Bar chart showing the year-over-year percent change in home sales in April over the past eight years, with Boston's number of active listings down 5.1% in April 2026.
Boston's home sales decreased by 5.1% in April 2026, marking the second consecutive year of declines for the month.


Bar chart showing home sales in April, with Boston ranked 20th out of 40 U.S. markets.
Boston ranked 20th out of the top 40 U.S. markets for home sales in April, sitting at 2,900.


Bar chart showing the percentage change in home sales in April compared to the same month the previous year, with Boston ranked 35th out of 40 U.S. markets.
Boston ranked 35th out of the top 40 U.S. markets for home sales in April, based on percentage change.


Data point boxes showing active listings by home type, including detached, attached, and condos, showing that detached homes experienced a 9.3% decline in home sales in April 2026.
Condo homes in Boston posted the only increase in homes sales in April out of the three home types, up 2.1% year over year.


Bar chart showing home sales and annual change by home type, where detached homes saw the largest decline in active listings in April out of the three home types, down 9.3% year-over-year.
Detached homes in Boston saw the largest decline in home sales of 9.3% year over year out of the three home types.


For questions and commentary about this report:

Matt Giordano, Associate Director of Market Analytics at CoStar and Homes.com, based in Boston, is available for interviews to provide expert insights on this data and the broader residential real estate market.

Matt Giordano

Associate Director of Market Analytics

Homes.com

mgiordano@costar.com

Homes.com releases preliminary figures on housing trends on a monthly basis. Although these numbers may change slightly once all transactions are accounted for, they provide an early indication of home price appreciation, inventory changes, and sales volume in Boston during April 2026.

For most markets, geographical coverage consists of the Census-defined Core-Based Statistical Area (CBSA). Data for San Francisco, Los Angeles, Miami, and New York is at the Metropolitan Division level.

Definition of Sale Prices

Median home price is the midpoint sale price of homes closed during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Inventory

Inventory is the number of unique active listings that were for sale during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Home Sales

The total number of closed home sales on the MLS during the month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

About the Homes.com Market Analytics Team

The Homes.com Market Analytics group is a team of experienced analysts embedded in nearly 30 markets across North America. These experts reside in and regularly visit the markets they cover, providing local expertise and a national perspective on all sectors of real estate: residential, office, industrial, retail, and multifamily.

About Homes.com Analytics Data

The Homes.com analytic data is compiled by the CoStar Analytics team, the largest and most experienced analytics team in the real estate industry. The team consists of over 50 economists, analysts, and data scientists, who collectively have more than 900 years of real estate experience and over 30 advanced degrees. Analysts on the team live in and around the markets they cover, enabling them to build deep local knowledge and unique insights.

The data set being used by the team is one of the most comprehensive and robust in the industry. It spans all 393 metropolitan markets, 542 micropolitan markets, and over 35,000 local neighborhoods in the U.S. The data set is sourced from almost 500 Multiple Listing Service (MLS) providers around the country, as well as public record data from each market, and is supplemented by proprietary data collected by CoStar's team of over 2,000 researchers. It includes a complete inventory of all homes in the U.S., including homes for sale, homes for rent, new construction homes, as well as sale comps and rent comps.

Writer
Matt Giordano

Matt Giordano is the Associate Director of Market Analytics at CoStar and Homes.com for Boston and the New England region. In this role, Matt produces data-driven analysis of residential real estate, where he provides insights into home prices, inventory levels, and rental conditions. On the commercial real estate side, Matt analyzes conditions alongside broader economic and demographic trends. Matt brings more than seven years of experience in real estate research and portfolio advisory, having previously served as the Research Analyst at both Colliers and Cushman & Wakefield, while also holding a portfolio advisory role at Cushman. He regularly presents to CoStar clients and attends local industry events. Matt earned a bachelor's degree in geography from the University of Colorado at Boulder.

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