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Boston

Boston home values are shaped by neighborhood demand, historic character, property type, and recent comparable sales. A detailed Boston CMA analyzes local market data to determine accurate property value.
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Boston is one of the most competitive and diverse real estate markets in the country, with property values influenced heavily by neighborhood location, housing type, transit access, and proximity to major employment centers. Pricing can vary dramatically between Back Bay, Beacon Hill, South End, Seaport, Charlestown, Dorchester, and Jamaica Plain, even for properties with similar square footage. Historic brownstones, luxury high rise condominiums, triple deckers, and renovated townhomes each follow distinct pricing patterns. Walkability, access to the MBTA, parking availability, outdoor space, and views of the harbor or skyline can significantly affect market value. In higher demand neighborhoods, limited inventory often drives competitive bidding, while emerging areas may show more pricing flexibility. Understanding what your home is worth in Boston MA requires a hyper local approach that considers micro neighborhood trends rather than relying on broad citywide averages.

When determining a Boston home value, recently closed sales provide the most reliable benchmark because they reflect what buyers were actually willing to pay under current market conditions. A comprehensive Boston CMA compares similar properties in the same neighborhood and adjusts for square footage, layout, renovations, building amenities, condo fees, lot size, age, and overall condition. For multifamily properties, rental income potential and investor demand can influence pricing differently than owner occupied homes. Proximity to hospitals, universities, financial districts, and tech hubs continues to support steady buyer demand across many Boston neighborhoods. Market timing, interest rates, and seasonal inventory shifts also play a role in pricing strategy. Whether you are preparing to sell, refinancing, or simply monitoring your equity, reviewing accurate local comparable sales data is essential to understanding your property’s true position within Boston’s dynamic and highly competitive real estate market.

 

Overview for Boston, MA

663,972 people live in Boston, where the median age is 33.2 and the average individual income is $60,001. Data provided by the U.S. Census Bureau.

663,972

Total Population

33.2 years

Median Age

High

Population Density Population Density This is the number of people per square mile in a neighborhood.

$60,001

Average individual Income

Around Boston, MA

There's plenty to do around Boston, including shopping, dining, nightlife, parks, and more. Data provided by Walk Score and Yelp.

15
Car-Dependent
Walking Score
34
Somewhat Bikeable
Bike Score

Points of Interest

Explore popular things to do in the area, including McCarthy Bros., Sustained Fitness, and Dewey Square Park.

Name Category Distance Reviews
Ratings by Yelp
Dining · $$ 3.69 miles 9 reviews 5/5 stars
Active 3.33 miles 5 reviews 5/5 stars
Active 2.44 miles 5 reviews 5/5 stars
Active 4.07 miles 6 reviews 5/5 stars
Active 4.37 miles 5 reviews 5/5 stars
Active 4.89 miles 7 reviews 5/5 stars

Demographics and Employment Data for Boston, MA

Boston has 279,216 households, with an average household size of 2.22. Data provided by the U.S. Census Bureau. Here’s what the people living in Boston do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 663,972 people call Boston home. The population density is 13,735.4 and the largest age group is Data provided by the U.S. Census Bureau.

663,972

Total Population

High

Population Density Population Density This is the number of people per square mile in a neighborhood.

33.2

Median Age

48.07 / 51.93%

Men vs Women

Population by Age Group

0-9:

0-9 Years

10-17:

10-17 Years

18-24:

18-24 Years

25-64:

25-64 Years

65-74:

65-74 Years

75+:

75+ Years

Education Level

  • Less Than 9th Grade
  • High School Degree
  • Associate Degree
  • Bachelor Degree
  • Graduate Degree
279,216

Total Households

2.22

Average Household Size

$60,001

Average individual Income

Households with Children

With Children:

Without Children:

Marital Status

Married
Single
Divorced
Separated

Blue vs White Collar Workers

Blue Collar:

White Collar:

Commute Time

0 to 14 Minutes
15 to 29 Minutes
30 to 59 Minutes
60+ Minutes

Schools in Boston, MA

All ()
Primary Schools ()
Middle Schools ()
High Schools ()
Mixed Schools ()
The following schools are within or nearby Boston. The rating and statistics can serve as a starting point to make baseline comparisons on the right schools for your family. Data provided by the U.S. Census Bureau.
Type
Name
Category
Grades
School rating
Boston

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