Is Boston, MA 02128 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Boston is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score51/ 100

More competitive than 53% of U.S. ZIP codes, and #329 of 362 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.1Under 4 months = seller’s market
Sold above original list21.3%Share of sales, last 3 months
Median sale-to-list98.8%Sold price ÷ list price
Median days on market26Listing to accepted offer
Median price per sq ft$646▲ +5.3% vs. last year

The Boston housing market right now

In the three months ending August 31, 2026, 21% of homes in Boston, MA 02128 sold above their list price, the typical home went under contract in 26 days and there were 4.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 97 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (20% then), homes sold faster (35 days then) and the median sale price fell 2% to $698,323. Overall, Boston is more competitive than a year ago, so tougher for buyers.

Within Suffolk County, homes here sell faster than in 53% of the county’s ZIP codes, and sell less often over asking than in 57%. On our competition score, Boston ranks #329 of 362 MA ZIP codes with enough sales (score 51 out of 100).

Nearby, buyers who want less competition could look at Boston 02111 (0% sold over asking) or Boston 02110 (2% sold over asking), while Roslindale 02131 (53% sold over asking) and Jamaica Plain 02130 (50% sold over asking) are even more competitive.

Nearby markets

Allston 02134Buyer’s market $616 /sq ftBoston 02108Seller’s market $1,406 /sq ftBoston 02109Seller’s market $1,152 /sq ftBoston 02110Balanced $1,317 /sq ft Browse all markets →

Where Boston is

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Questions about Boston real estate

Is Boston a buyer’s or seller’s market?

A balanced market: there were 4.1 months of supply in Boston, MA 02128 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Boston?

The typical home went under contract in 26 days in the latest three months.

Do homes in Boston sell over asking?

21% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.

What are property taxes in Boston?

About 0.66% of a home’s value a year in Suffolk County, or roughly $2,640 on a $400,000 home.

What is the median home price in Boston?

The median sale price was $698,323 in the three months ending August 31, 2026, about $646 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology