South Boston, MA 02127 Real Estate Market Report

ZIP Code: 02127
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in South Boston is characterized by a median sold price of $1,045,000, reflecting recent transaction activity. This price point suggests a market that has experienced stabilizing values, although some segments may be facing slight downward pressure. The neighborhood has decreased 8% since 2022, indicating a shift in buyer sentiment and potential pricing adjustments.

The market is currently exhibiting elevated inventory levels, with a notable median days on market of 234 days, suggesting slower sales velocity. This extended time frame for properties to sell may indicate a more cautious buyer base, while the median listing price stands at $1,680,000, highlighting a significant gap between seller expectations and actual market performance. Overall, the market appears to be moving towards a balanced buyer-seller dynamic, with moderate transaction volume and a neutral market temperature.

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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 median sold price of $1,045,000 indicates a market that may be adjusting to buyer expectations, reflecting a decrease in values since 2022.

2. With a median days on market of 234, properties are experiencing slower sales velocity, suggesting that buyers are taking more time to make purchasing decisions.

3. The median listing price of $1,680,000 presents a notable gap compared to the sold price, indicating potential pricing friction in the market.

4. The rental market remains strong with a median market rent of $3,750, which is up year-over-year, reflecting ongoing demand despite broader market adjustments.

5. Overall, the market temperature is neutral, suggesting a balanced environment where both buyers and sellers may find opportunities.

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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.