Boston Housing Market

Boston-area homebuyers had more options in June than they had seen in years as inventory continued to grow. Even so, high home prices and elevated mortgage rates continued to make it difficult for many households to afford a home.

Boston recorded about 4,910 home sales in June, up 5.1% from a year earlier. Nationwide, home sales also increased, rising 6.1% over the same period.

Although home prices and borrowing costs remained elevated, home sales activity increased in 2026. June recorded the highest monthly sales volume since June 2022, suggesting that buyer demand has improved despite ongoing affordability challenges.

Homes that sold continued to move relatively quickly. Properties spent an average of 53 days on the market, slightly below the national average of 55 days. However, slower job growth and more modest population gains could create additional headwinds for demand later this summer.

The number of homes for sale continued to rise in June, giving buyers more options than they had a year ago. Just over 13,500 homes were listed for sale across the Boston area, the highest June inventory level since 2020.

While inventory remained below pre-pandemic levels, it continued to recover from the severe shortages that followed. The number of homes for sale in the month of June has now increased for three consecutive years after reaching a low point in 2023.

Boston's inventory growth outpaced many major housing markets such as Houston, Atlanta, and Chicago. The number of homes for sale increased 11.6% year over year, ranking the region 10th among the largest 40 markets nationally for inventory growth. New listings rose faster, increasing 15.5% from a year ago, well above the national benchmark gain of 9.7%.

Even with more homes on the market, Boston remained one of the most expensive places in the country to buy a home. The median home sale price reached a record $757,250 in June, up 0.3% from a year earlier. Nationally, home prices increased 1.5% in June, while Boston's annual price growth was more modest

Price trends varied by property type. Single-family home prices posted slight declines, while condos and townhomes saw more noticeable gains. As a result, affordability challenges persisted even as buyers gained more choices across the market.

The median home sale price in Boston increased by 0.3% compared to the same time last year, while the national median price rose by 1.5%.

Boston median home prices rose by $2,250 year over year on a nominal basis in June to $757,250. Meanwhile, the national median home price increased by $6,000 to $401,000.

Boston was the seventh highest-priced housing market among the top 40 largest markets last month. The Boston median home price of $757,250 was 88.8% above the national median home price. Boston's median home price in June is the highest observed price for any month in the market.

The median price of Boston single-family homes fell by $2,000 over the past year to $825,000, while the median townhome price grew by 2.2%, and the median condo price rose by 2.4%.

The number of homes for sale in Boston increased by 11.6% in June compared to the same time last year, while national homes for sale rose by 4.2%.

Boston homes for sale rose by 1,409 year over year in June to 13,520 homes for sale. Boston ranked 10th, on a percentage basis, for the annual change in the number of homes for sale among the top 40 U.S. markets in June.

Boston homes for sale were below their pre-pandemic levels in the month of June. Boston homes for sale were 23.1% below the June 2019 total of 17,579.

Boston single-family homes for sale grew by 7.6% to 7,543 in June. In comparison, townhomes for sale rose by 24.6% to 213, and condos for sale increased by 17.0% to 5,764.

The number of home sales in Boston increased by 5.1% in June compared to the same time last year, while national home sales rose by 6.1%.

Boston home sales increased by 239 year over year on a nominal basis in June to 4,914. For context, 4,675 sales closed in Boston in June 2025.

Boston ranked 22nd for the annual change in home sales out of the top 40 U.S. markets in June on a percentage basis. This year's June increase of 5.1% compares to the 6.7% year over year increase in June 2025.

Boston single-family sales increased by 2.7% in June to 3,121. In comparison, townhome sales rose by 13.5% to 84, and condo sales rose by 9.3% to 1,709.

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 June 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.