12 hours on Rocket
$10,000 Closing Credit¹
#73377110, Team Coyle, Listing Office: Compass
02116 Housing Market Report April 2025•Suffolk County, Massachusetts
Housing Prices in 02116, MA
How much do homes in 02116, MA cost?
Housing Market Conditions
Is 02116, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
02116 is a Buyer's Market
Difference Since April 2024
At the same time last year, 02116 was a Seller's Market.
Insight
02116 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$1,450,000$1,273/SqFt
-$40,000
-2.7%
Based on all homes sold in the last 12 months
Insight
Homes in 02116 have sold for 2.7% less than they did a year ago.
Summary: The median home sold price in 02116 was $1,450,000 in April 2025, down 2.7% from last year, and the median price per square foot was $1,273.
Median Sold Price By Bedrooms
| Beds | Apr 2024 | Apr 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $832.5K | $775K | -6.9% |
| 22 Bedrooms | $1.6M | $1.6M | -5.3% |
| 33 Bedrooms | $3.2M | $2.6M | -17.1% |
| 44 Bedrooms | $5.8M | $3.8M | -35.4% |
| 55+ Bedrooms | $3.9M | $6.9M | +79.5% |
Summary: 02116 housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -6.9%. The home price for 2 bedroom homes decreased by -5.3%. The home price for 3 bedroom homes decreased by -17.1%. The home price for 4 bedroom homes decreased by -35.4%. The home price for 5 bedroom homes increased by +79.5%.
How does 02116, MA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
02116, MA
Housing supply in 02116, MA
How many homes are available in 02116, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 184Last MonthApr 2025 | ||
| 1342 months agoMar 2025 | +37.3 % Change MoMMar – Apr |
Summary: The 02116 real estate market had 184 homes for sale in Apr 2025, a 37.3 % increase compared to Mar 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 20Last MonthApr 2025 | ||
| 212 months agoMar 2025 | -4.8 % Change MoMMar – Apr |
Homes For Sale By Bedroom Count
| Beds | Mar 2025 | Apr 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 27 | 50 | +85.2% |
| 22 Bedrooms | 49 | 69 | +40.8% |
| 33 Bedrooms | 33 | 39 | +18.2% |
| 44 Bedrooms | 11 | 10 | -9.1% |
| 55+ Bedrooms | 14 | 16 | +14.3% |
Summary: 02116 housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +85.2%. The inventory for 2 bedroom homes increased by +40.8%. The inventory for 3 bedroom homes increased by +18.2%. The inventory for 4 bedroom homes decreased by -9.1%. The inventory for 5 bedroom homes increased by +14.3%.
Asking Price vs. Sold Price
How much do homes in 02116, MA cost?
Over Asking Price3 Homes
At Asking Price3 Homes
Under Asking Price14 Homes
Insight
If you're buying a home in 02116, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 02116 in April 2025, down by 4.8% month-over-month. Of the 20 sold homes, 70% were sold under asking, 15% were sold at asking, and and 15% were sold over asking.
Days on Market for 02116, MA
How long does it take to sell a home in 02116, MA?
Breakdown of Home Sale Times
Under 30 Days9 Homes
30 – 90 Days3 Homes
Over 90 Days8 Homes
Insight
Many homes in 02116 are selling fast, if you're buying plan to act quickly.
Summary: During April 2025, 20 homes were sold in 02116; 45% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 84 DaysThis YearApr 2025 | ||
| 56 Days1 year agoApr 2024 | +49.7 % Change YoYApr 2024 – Apr 2025 |
Summary: Homes in 02116 had an average listing age of 84 days in Apr 2025, up by 49.7% compared to the previous year.
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Newest Listings in 02116, MA
What homes are available in 02116, MA?
1 day on Rocket
$10,000 Closing Credit¹
#73376961, Hanneman Gonzales Penney Gould, Listing Office: Compass
4 days on Rocket
$10,000 Closing Credit¹
#73376169, The Robinette Team, Listing Office: Gibson Sotheby's International Realty
4 days on Rocket
$10,000 Closing Credit¹
#73376081, Cort Petrocelli Coopersmith Group, Listing Office: Compass
4 days on Rocket
$10,000 Closing Credit¹
#73375763, Hanneman Gonzales Penney Gould, Listing Office: Compass
4 days on Rocket
#73375720, Gianna Thibeault, Listing Office: Sovereign Realty Group LLC
4 days on Rocket
$10,000 Closing Credit¹
#73375563, Mark Driscoll, Listing Office: Wyman Street Advisors
4 days on Rocket
$10,000 Closing Credit¹
#73375397, Kyle Kaagan Team, Listing Office: Gibson Sotheby's International Realty
4 days on Rocket
$10,000 Closing Credit¹
#73375362, Collin Bray, Listing Office: Century 21 Cityside
5 days on Rocket
$8,016 Closing Credit¹
#73374972, Steven Cohen Team, Listing Office: Keller Williams Realty Boston-Metro | Back Bay
5 days on Rocket
$10,000 Closing Credit¹
#73374949, Cam Chesley, Listing Office: Keller Williams Realty Boston-Metro | Back Bay
5 days on Rocket
$10,000 Closing Credit¹
#73374717, Frank Celeste, Listing Office: Gibson Sotheby's International Realty
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 05/01/2023 - 05/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/19/2025, 10:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.