Boston Housing Market Report February 2025•Suffolk County, Massachusetts

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Housing Prices in Boston, MA

How much do homes in Boston, MA cost?

Housing Market Conditions

Is Boston, MA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Boston is a Buyer's Market

Difference Since February 2024

At the same time last year, Boston was a Seller's Market.

Insight

Boston is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$832,546$677/SqFt
+$32,839
+4.1%

Based on all homes sold in the last 12 months

Insight

Homes in Boston have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Boston was $832,546 in February 2025, up 4.1% from last year, and the median price per square foot was $677.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Dorchester Center
+7.7%
Boston
+4.1%
Chestnut Hill
-0.3%
Brookline
-4.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$595.9K$613.6K
+3.0%
2$770.8K$791.1K
+2.6%
3$817.9K$867.1K
+6.0%
4$907.5K$999.9K
+10.2%
5$1.0M$1.1M
+12.4%

Summary: Boston housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +3.0%. The home price for 2 bedroom homes increased by +2.6%. The home price for 3 bedroom homes increased by +6.0%. The home price for 4 bedroom homes increased by +10.2%. The home price for 5 bedroom homes increased by +12.4%.

How does Boston, MA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Boston, MA

Housing supply in Boston, MA

How many homes are available in Boston, MA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
1,493Last MonthFeb 2025
1,3342 months agoJan 2025
+11.9 %
Change MoMJan – Feb

Summary: The Boston real estate market had 1,493 homes for sale in Feb 2025, a 11.9 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
206Last MonthFeb 2025
2592 months agoJan 2025
-20.5 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
1219255
+16.4%
2481564
+17.3%
3312335
+7.4%
4109130
+19.3%
5213209
-1.9%

Summary: Boston housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +16.4%. The inventory for 2 bedroom homes increased by +17.3%. The inventory for 3 bedroom homes increased by +7.4%. The inventory for 4 bedroom homes increased by +19.3%. The inventory for 5 bedroom homes decreased by -1.9%.

Asking Price vs. Sold Price

How much do homes in Boston, MA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price51 Homes

At Asking Price36 Homes

Under Asking Price119 Homes

Insight

If you're buying a home in Boston, you may be able to get a good deal. 57.8% of homes here sold below asking price last month.

Summary: A total of 206 homes were sold or pending in Boston in February 2025, down by 20.5% month-over-month. Of the 206 sold homes, 58% were sold under asking, 17% were sold at asking, and and 25% were sold over asking.

Days on Market for Boston, MA

How long does it take to sell a home in Boston, MA?

Breakdown of Home Sale Times

Under 30 Days99 Homes

30 – 90 Days55 Homes

Over 90 Days52 Homes

Insight

Many homes in Boston are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 206 homes were sold in Boston; 48% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
59 DaysThis YearFeb 2025
56 Days1 year agoFeb 2024
+4.6 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Boston had an average listing age of 59 days in Feb 2025, up by 4.6% compared to the previous year.

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Newest Listings in Boston, MA

What homes are available in Boston, MA?

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Nearby markets

Popular Cities with Homes for Sale in Massachusetts

MLS Disclaimers and Copyright

Based on information from MLS Property Information Network Inc., for the period 03/01/2023 - 03/01/2025

IDX 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: 3/14/2025, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.