Boston Housing Market Report May 2025•Suffolk County, Massachusetts

hero building illustration for mobile

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 Neutral Market

Difference Since May 2024

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

Insight

Boston is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

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.
$845,986$679/SqFt
+$36,413
+4.5%

Based on all homes sold in the last 12 months

Insight

Homes in Boston have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in Boston was $845,986 in May 2025, up 4.5% from last year, and the median price per square foot was $679.

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
Chestnut Hill
+6.7%
Dorchester Center
+5.4%
Boston
+4.5%
Brookline
0.4%

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.
BedsMay 2024May 2025Change YoY
1$586.6K$620K
+5.7%
2$770.5K$799.2K
+3.7%
3$819K$891.1K
+8.8%
4$935K$1.0M
+10.3%
5$1.1M$1.1M
+6.8%

Summary: Boston housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +5.7%. The home price for 2 bedroom homes increased by +3.7%. The home price for 3 bedroom homes increased by +8.8%. The home price for 4 bedroom homes increased by +10.3%. The home price for 5 bedroom homes increased by +6.8%.

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
2,741Last MonthMay 2025
2,4192 months agoApr 2025
+13.3 %
Change MoMApr – May

Summary: The Boston real estate market had 2,741 homes for sale in May 2025, a 13.3 % increase compared to Apr 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
433Last MonthMay 2025
3792 months agoApr 2025
+14.2 %
Change MoMApr – May

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.
BedsApr 2025May 2025Change MoM
1455506
+11.2%
29381,060
+13.0%
3533591
+10.9%
4192234
+21.9%
5301350
+16.3%

Summary: Boston housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +11.2%. The inventory for 2 bedroom homes increased by +13.0%. The inventory for 3 bedroom homes increased by +10.9%. The inventory for 4 bedroom homes increased by +21.9%. The inventory for 5 bedroom homes increased by +16.3%.

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 Price167 Homes

At Asking Price82 Homes

Under Asking Price184 Homes

Insight

If you're buying a home in Boston, you may be able to get a good deal. 42.5% of homes here sold below asking price last month.

Summary: A total of 433 homes were sold or pending in Boston in May 2025, up by 14.2% month-over-month. Of the 433 sold homes, 42% were sold under asking, 19% were sold at asking, and and 39% 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 Days297 Homes

30 – 90 Days100 Homes

Over 90 Days36 Homes

Insight

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

Summary: During May 2025, 433 homes were sold in Boston; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% 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
35 DaysThis YearMay 2025
35 Days1 year agoMay 2024
+1.2 %
Change YoYMay 2024 – May 2025

Summary: Homes in Boston had an average listing age of 35 days in May 2025, up by 1.2% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Boston, MA

What homes are available in Boston, MA?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in Massachusetts

MLS Disclaimers and Copyright

Based on information from MLS Property Information Network Inc., Rhode Island State Wide MLS, and Cape Cod and Islands MLS & Martha's Vineyard MLS for the period 06/01/2023 - 06/01/2025

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: 6/10/2025, 8:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/10/2025, 8:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. (CCIMLS). Real estate listings provided by CCIMLS and held by other brokerage firms are marked with the CCIMLS BR Logo and detailed information includes, at minimum, the name of the listing agent and broker attribution assigned by the listing broker. Neither the listing broker nor this broker shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. All properties are subject to prior sale, changes, or withdrawal. The Broker providing this data believes it to be correct but advises interested parties to confirm any item before relying on it in a purchase decision.

Copyright 2025© Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/10/2025, 8:45:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.