Boston, MA Real Estate
Boston anchors one of Massachusetts's largest metro areas with a population of about 663,972. The median home value is near $710,400, and median rent runs around $2,093/mo.
Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.
Median Home Value
$710,400
Median Rent
$2,093/mo
Population
663,972
Median Income
$94,755
Median Age
33.2
Homeownership
35.4%
Monthly payment on a median Boston home
Example for a $710,400 home: 20% down, 30-yr at ~6.75%, MA property tax ~1.00%, 0.4% insurance.
Est. monthly (PITI)
$4,515
Principal & interest
$3,686
Property tax / mo
$592
Down payment (20%)
$142,080
Boston at a glance
- 28.5% of residents 25+ hold a bachelor's degree or higher.
- 35.4% of occupied homes are owner-occupied.
- Median household income is $94,755.
- Always verify the assigned school district, flood zone, and HOA for a specific address before signing.
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