South Boston, MA 02127 Real Estate Market Report

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.

Market Metrics

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.

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.

Property Taxes

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.

Market Trends & Context

Key Findings

1. The neighborhood's primary market value is the median sold price $1,049,000, which should be treated as the most reliable indicator of recent transaction activity in South Boston and appears consistent with a flat price trend and a neutral market temperature.
2. Listing expectations remain elevated relative to realized sales: the median listing price $1,175,000 suggests persistent seller optimism versus closed transactions and may indicate pricing friction between ask and sale outcomes.
3. Liquidity appears muted given the median days on market 329, which points to slower sales velocity and suggests sellers may need extended market exposure or pricing concessions to transact.
4. Rents are strengthening in the local market—supported by the median market rent $4,000 and a up rent year-over-year trend—while interest rate dynamics are applying moderate pressure on affordability and buyer financing conditions.

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.