Boston, MA 02108 Real Estate Market Report

ZIP Code: 02108
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The Boston, MA (ZIP: 02108) market is characterized by a median sold price of $5,581,000, reflecting a stable market environment. This price point indicates a resilient demand despite the fluctuating inventory levels. The neighborhood has shown a flat price trend, suggesting that while prices are not significantly increasing, they are also not declining, indicating a potential stabilization in the market.

Transaction activity appears to be moderate, with 178 days as the median days on market, which may indicate a slower sales velocity. Elevated inventory levels relative to sales activity suggest a slight shift towards buyers, although overall inventory remains historically low. The median listing price stands at $8,097,500, which indicates a notable gap between seller expectations and market realities, potentially leading to pricing friction as sellers adjust to current market conditions.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Boston, MA, around 5.84% to 6.03% are slightly below the 6.21% seen earlier in 2026, presenting a minor cost opportunity for property owners.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. $5,581,000 is the median sold price, indicating a stable market despite elevated inventory levels.

2. 178 days as the median days on market suggests a slower sales velocity, which may indicate caution for sellers.

3. The median listing price of $8,097,500 shows a significant gap compared to the median sold price, suggesting potential pricing friction in negotiations.

4. The median market rent is $5,310, reflecting a down trend in rental prices year-over-year, which may influence buyer sentiment.

5. Current interest rates between 5.84% to 6.03% provide a minor cost opportunity for property owners, supporting gradual market recovery.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.