Median home value: $567,500
Median List Price: $749,000
Median Sale Price: $601,600
Median price per ft2: $706 per ft2
Boston's home prices have risen 7.2% over the past year, and we expect continued growth of just over 3% over the next year. The market in Boston is pretty hot, and reflects a sellers’ market.
Boston has had a few small bumps over the last 5 years, but has maintained a relatively steady increase in value since 2012, achieving 70% growth over this time frame.
With 9.4% of homes with negative equity and 1.3% delinquent on their mortgage, Boston comes in just under the nation averages of 10.4% and 1.6% respectively.