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Back Bay Chinatown (Bay Village) Prudential (The Pru) South End Theatre District

BOSTON, MA 02116

Real Estate Market Report  ·  Suffolk County
Seller's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 02116

Back Bay · Chinatown (Bay Village) · Prudential (The Pru) · South End · Theatre District

Market Analysis

Data as of March 2026. Source: Realtor.com.

The BOSTON, MA real estate market (02116) currently shows 110 active listings, with 10 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 38 days on market compared to 46 days last year.

The median listing price has fallen 21.2% year-over-year, from $2,172,500 to $1,712,500.

Whether you are buying or selling in BOSTON, MA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 22,286  ·  Density: 13,250.3/mi²  ·  Median household income: $131,648

Typical home value: $1,481,610  ·  Homeownership: 35.0%

Market Overview

Active Listings
110
⇩ 6% vs 117 last year
Pending
10
9% pending ratio
Median Price
$1,712,500
⇩ 21.2% vs $2,172,500 last year
Average Price
$3,433,401
⇩ 3.1% vs $3,542,988 last year
Days on Market
38
⇩ 17.4% vs 46 days last year

Price Per Square Foot

Median $/sqft
$1,470
⇧ 0.1% vs $1,468/sqft last year
Median Home Size
1,265 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 110 this year vs 117 last year
  • Days on market: 38 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $1,712,500 (-21.2% YoY)
  • Average: $3,433,401 (-3.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 3.2 miles — 447 listings ($1,072,876,738 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02116Boston, MA 021160.0 mi75$285,512,550$2,023,250$3,806,834
02108Boston, MA 021080.7 mi26$138,181,966$5,535,000$5,314,691
02142Cambridge, MA 021420.9 mi3$5,820,750$1,583,750$1,940,250
02114Boston, MA 021141.0 mi60$112,086,300$1,024,500$1,868,105
02110Boston, MA 021101.3 mi73$229,452,067$2,203,750$3,143,179
02215Boston, MA 022151.4 mi28$62,017,452$959,950$2,214,909
02109Boston, MA 021091.5 mi14$22,127,756$1,671,250$1,580,554
02120Roxbury Crossing, MA 021201.7 mi2$1,798,000$899,000$899,000
02119Roxbury, MA 021191.9 mi17$12,518,069$757,175$736,357
02127South Boston, MA 021272.2 mi83$87,891,356$999,225$1,058,932
02446Brookline, MA 024462.4 mi36$96,823,980$2,118,500$2,689,555
02134Allston, MA 021342.8 mi22$14,314,124$554,500$650,642
02121Dorchester, MA 021213.2 mi8$4,332,368$514,749$541,546

Frequently Asked Questions

How many homes are for sale in BOSTON, MA 02116?

As of March 2026, there are 110 active listings in BOSTON, MA (zip code 02116), compared to 117 the prior year.

What is the median home price in BOSTON, MA 02116?

The median listing price in BOSTON, MA 02116 is $1,712,500 as of March 2026, a 21.2% decrease from $2,172,500 the prior year.

How long do homes stay on the market in BOSTON, MA?

Homes in BOSTON, MA 02116 spend an average of 38 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in BOSTON, MA 02116?

Based on current inventory and days-on-market data as of March 2026, BOSTON, MA 02116 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 38 days on market compared to 46 days last year.

How much can I save on real estate commission in BOSTON, MA?

With SELL123.com's maximum 3% commission, sellers in BOSTON, MA 02116 save an estimated $34,250 compared to a typical 5% commission on the median listing price of $1,712,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.