Downtown Housing Market Report March 2025•Suffolk County, Massachusetts

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Housing Prices in Downtown, MA

How much do homes in Downtown, MA cost?

Housing Market Conditions

Is Downtown, 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

Downtown is a Buyer's Market

Difference Since March 2024

At the same time last year, Downtown was a Neutral Market.

Insight

Downtown 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.
$1,515,050$1,155/SqFt
-$94,950
-5.9%

Based on all homes sold in the last 12 months

Insight

Homes in Downtown have sold for 5.9% less than they did a year ago.

Summary: The median home sold price in Downtown was $1,515,050 in March 2025, down 5.9% from last year, and the median price per square foot was $1,155.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
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
Downtown Crossing
+58.6%
Financial District
+37.5%
Downtown
-5.9%
Waterfront
-17.0%

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.
BedsMar 2024Mar 2025Change YoY
1$1.0M$810K
-22.9%
2$1.7M$1.8M
+7.9%
3$2.7M$3.2M
+19.8%
4$3.9M$2.7M
-31.2%
5$8.1M-
N/A

Summary: Downtown housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -22.9%. The home price for 2 bedroom homes increased by +7.9%. The home price for 3 bedroom homes increased by +19.8%. The home price for 4 bedroom homes decreased by -31.2%. The home price for 5 bedroom homes did not change.

How does Downtown, MA compare with other places?

Market comparison tool

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

Downtown, MA

Housing supply in Downtown, MA

How many homes are available in Downtown, 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
121Last MonthMar 2025
952 months agoFeb 2025
+27.4 %
Change MoMFeb – Mar

Summary: The Downtown real estate market had 121 homes for sale in Mar 2025, a 27.4 % increase compared to Feb 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
10Last MonthMar 2025
102 months agoFeb 2025
0.0 %
Change MoMFeb – Mar

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.
BedsFeb 2025Mar 2025Change MoM
12940
+37.9%
24459
+34.1%
31514
-6.7%
456
+20.0%
522
0.0%

Summary: Downtown housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +37.9%. The inventory for 2 bedroom homes increased by +34.1%. The inventory for 3 bedroom homes decreased by -6.7%. The inventory for 4 bedroom homes increased by +20.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Downtown, 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 Price1 Home

At Asking Price4 Homes

Under Asking Price5 Homes

Insight

If you're buying a home in Downtown, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Downtown in March 2025, the same as the previous month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and and 10% were sold over asking.

Days on Market for Downtown, MA

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

Breakdown of Home Sale Times

Under 30 Days7 Homes

30 – 90 Days1 Home

Over 90 Days2 Homes

Insight

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

Summary: During March 2025, 10 homes were sold in Downtown; 70% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% 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
33 DaysThis YearMar 2025
80 Days1 year agoMar 2024
-58.7 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Downtown had an average listing age of 33 days in Mar 2025, down by 58.7% compared to the previous year.

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Newest Listings in Downtown, MA

What homes are available in Downtown, MA?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from MLS Property Information Network Inc., for the period 04/01/2023 - 04/01/2025

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: 4/4/2025, 7:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.