Market Overview
Home Prices in Boston, MA
The median home value in Boston, MA is $788,881 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.3% compared to a year ago and up 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Boston are priced92% above average. Boston is part of the Boston-Cambridge-Newton, MA-NH metro area.
Over the past five years, Boston home values have risen by approximately7.7%, reflecting steady appreciation in this market.
Price History
Boston Home Price Trend
City Comparison
Boston vs. National Median
At $788,881, homes in Boston cost 92% above the national median of $410,000. Buyers in Boston should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Boston?
20% Down Payment
$157,776
on $788,881
Monthly P&I
$4,114/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,225/mo
incl. taxes & insurance
Income Needed
$209,000
gross annual (30% rule)
10% Down Option
$78,888
+ PMI applies
Loan Amount (20% dn)
$631,105
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Boston, MA?
The median home value in Boston is $788,881 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.3% year-over-year.
How much have home prices changed in Boston?
Over the past year, home values in Boston have decreased by 1.3%. Over five years, prices have risen approximately 7.7%.
How much do I need to earn to buy a home in Boston?
To comfortably afford the median home price of $788,881 with a 20% down payment ($157,776) at today's rates (6.8%), you'd need a gross annual income of approximately $209,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Boston compare to the national average home price?
The national median home value is approximately $410,000. At $788,881, homes in Boston are 92% above the national average.
What metro area is Boston part of?
Boston is part of the Boston-Cambridge-Newton, MA-NH metropolitan area. Home prices and market conditions can vary across the broader metro region.