East Boston, MA 02128 Real Estate Market Report

ZIP Code: 02128
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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.

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Key Findings

1. The neighborhood's representative recent sale level is anchored by a median sold price of $746,000, which should be the primary reference point for pricing decisions and comparative valuation; use sold transactions, not asking prices, to set offers.

2. There is a notable gap between the median listing price of $874,450 and the median sold price of $746,000, which suggests pricing friction or seller expectation mismatch that may require concessioning or staged price reductions to align with market-clearing levels; pricing friction.

3. The median days on market is 208, signaling slower sales velocity that may extend marketing timelines and suggests sellers should consider more aggressive positioning or enhanced buyer incentives to reduce time to contract; slower sales velocity.

4. Price year-over-year trend is down while rent year-over-year trend is up and interest rate pressure is moderate, which together suggest cautious buyer sentiment but continued rental demand—underwriters and investors should factor stable rent momentum and moderate financing headwinds into offer strategy and hold/sell decisions; balanced caution.

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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.

East Boston, MA 02128 Real Estate Market Report

ZIP Code: 02128
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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

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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.

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Key Findings

1. $590,000 median sold price is the most reliable indicator of current market value and recent transactions in 02128; paired with a 291 median days on market, this suggests a representative recent sale price alongside slower sales velocity rather than rapid turnover.

2. There is a notable gap between $681,950 median listing price and $590,000 median sold price, which may indicate listing-side pricing friction and seller expectations above realized transaction levels; combined with the neutral market temperature, this suggests a cautious negotiation environment.

3. Rental demand remains supportive with 3,250 median market rent and a 650 median price per square foot, while rent year-over-year trend is up; investors should note that rising rents can underpin buyer interest even as sale prices show downward pressure.

4. Price year-over-year trend is down while market temperature is neutral and interest rate pressure is moderate; together these signals point to a market that is cooling but still relatively balanced—expect moderated pricing momentum and the potential for selective opportunities where pricing aligns with recent sold prices.

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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.