Market Intelligence · MA / Boston

Boston, MA 02118 Housing Market

The typical home in Boston's 02118 ZIP code is valued at $964,912, up 2.4% over the past year. Sellers are listing at a median price of $1,099,500, and homes spend a median of 76 days on the market before finding a buyer.

Updated August 2026Median value$965K

The median home value in Boston, MA 02118 is $965K as of August 2026, up 2.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 02118 range

$888K to $1.04M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.4% over 12 months

Typical home value in 02118 over the last 12 months: $942K in Aug 2025 to $965K in Aug 2026 (+2.4%).

Aug 2025$942K

Aug 2026$965K

The numbers

What is the 02118 housing market like?

Typical home value

$965K

Up2.4%YoY

Median list price

$1.1M

Flat0.0%MoM

Days on market

76

Up11.8%MoM

Homes for sale

117

Down20.9%MoM

Price cuts

15.0%

Up33.7%MoM

New listings

36

Up80.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 02118 home prices compare?

  • 02118$964,912
  • Boston$970,643
  • Massachusetts$615,457
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Boston: 12 ZIPs; Massachusetts: 484 ZIPs; United States: 26,265 ZIPs).

Context

As of 2026-08-01, there are 117 homes for sale in 02118, with 36 new listings hitting the market. The median list price of $1,099,500 sits above the typical home value of $964,912, which suggests sellers are aiming high relative to what homes are actually worth. At 76 median days on market, buyers have time to weigh their options rather than rushing in. Meanwhile, 15.0% of listings have taken a price cut, a sign that some sellers are adjusting expectations. For a homeowner thinking about selling, pricing realistically from day one matters more than testing the ceiling.

Monthly payment

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20% · $192,982

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