Market Intelligence · MA / Boston

Boston, MA 02118 Housing Market

Homes in Boston's 02118 ZIP are valued at $962,145 on average, up 1.9% over the past year. The median list price stands at $1,099,500, with homes typically spending 45 days on market as of September 2026.

Updated September 2026Median value$962K

The median home value in Boston, MA 02118 is $962K as of September 2026, up 1.9% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 02118 range

$885K 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

+1.9% over 12 months

Typical home value in 02118 over the last 12 months: $944K in Sep 2025 to $962K in Sep 2026 (+1.9%).

Sep 2025$944K

Sep 2026$962K

The numbers

What is the 02118 housing market like?

Typical home value

$962K

Up1.9%YoY

Median list price

$1.1M

Flat0.0%MoM

Days on market

45

Down40.8%MoM

Homes for sale

138

Up17.9%MoM

Price cuts

13.0%

Down13.5%MoM

New listings

104

Up188.9%MoM

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

The outlook

02118 housing market forecast 2027

+0.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 02118 to rise 0.8% by September 2027.

Over the 12 months through September 2026, typical home values in 02118 rose 1.9%, per the Zillow Home Value Index.

Will home prices drop in 02118?

Zillow's forecast does not call for a drop: it expects typical home values in 02118 to rise 0.8% by September 2027, after a 1.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 02118 home prices compare?

  • 02118$962,145
  • Boston$967,174
  • Massachusetts$609,700
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Boston: 12 ZIPs; Massachusetts: 484 ZIPs; United States: 26,262 ZIPs).

Context

The Boston 02118 market is showing mixed signals. There are 138 homes for sale with 104 new listings added in September 2026, suggesting steady supply. However, 13.0% of listings have received price cuts, which indicates negotiation room exists despite the annual value gain. The median time to sell of 45 days is moderate for the area. If you are considering selling, the price cuts and current inventory levels suggest this is a reasonable but not urgent market for moving quickly.

Monthly payment

Estimate your monthly payment.

20% · $192,429

Common questions

What people ask us.

What is the typical home value in 02118?

The typical home value in Boston 02118 is $962,145 as of September 2026, representing a 1.9% increase over the past year.

How long do homes take to sell in 02118?

The median days on market in 02118 is 45 days as of September 2026.

How many homes are currently for sale in 02118?

There are 138 homes for sale in 02118 as of September 2026, with 104 new listings added that month.

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