The story of this market
The typical home in ZIP 02114 sells for about $1,260,000, or $859 per square foot.
Prices are up +3.4% from a year ago, so sellers still have some momentum. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $2,783 a month.
ZIP 02114 — Boston
The 02114 housing market remains highly competitive, characterized by high price points and low inventory. Demand is consistently driven by the area's proximity to major medical and academic institutions, keeping the market stable despite broader economic fluctuations. Figures for specific metrics like price-cut percentage were not published at the ZIP level and are omitted.
Fits professionals, academics, and medical staff who prioritize walkability and transit access over suburban space, as well as investors targeting the stable rental market.
Median prices moved up 3.4% year over year.
Homes spend a median of 34 days on market with 2.8 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 99.7% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 10.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 02114, Suffolk County, MA
The area is served by Boston Public Schools, with access to several highly-rated exam schools and private institutions in the immediate vicinity.
The area is a low-snow, urban environment with standard coastal flood risks associated with the Boston harbor proximity.
The area benefits from proximity to major medical and academic institutions, including Massachusetts General Hospital and various university campuses.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
Highly walkable with excellent access to the MBTA Red and Green lines, providing rapid transit to the Financial District and Cambridge.
Features immediate access to the Charles River Esplanade, Boston Common, and the historic Beacon Hill shopping and dining district.
High rental demand driven by proximity to universities and hospitals, resulting in low vacancy rates and consistent rent growth.
Driven by the 'Eds and Meds' sector, with Massachusetts General Hospital and nearby universities serving as primary economic anchors.
Served by multiple MBTA subway lines and bus routes, facilitating high-density urban transit.
Ongoing urban infill and institutional expansion projects characterize the development pipeline.
The City of Boston Assessing Department manages property valuations for tax purposes.
Parcels are subject to City of Boston municipal taxes and standard utility service districts.
Standard urban property insurance market with typical coastal hazard considerations.
Data retrieved from US Census Bureau ACS 5-year estimates for ZCTA 02114.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
- Boston Tea Party Ships & Museum4.61.1 mi
- F1 Arcade Boston4.51.4 mi
- Museum of Illusions Boston4.50.7 mi
- Boda Borg Boston4.74.3 mi
- K1 Speed Boston-Wilmington4.214 mi
- Fenway Park4.82.1 mi
- TD Garden4.60.1 mi
- Thomas M. Menino Convention & Exhibition Center4.51.7 mi
- Topgolf Boston - Canton3.912.6 mi
- MGM Music Hall at Fenway4.42 mi
- Fenway Park4.82.1 mi
- Boston Common4.70.7 mi
- Museum of Fine Arts, Boston4.82.3 mi
- New England Aquarium4.40.9 mi
- Harvard Square4.62.8 mi
- Museum of Fine Arts, Boston4.82.3 mi
- Boston Public Library4.81.3 mi
- Isabella Stewart Gardner Museum4.72.6 mi
- Museum of Science4.70.4 mi
- Boston Tea Party Ships & Museum4.61.1 mi
- Boston Common4.70.7 mi
- Franklin Park Zoo4.44.4 mi
- Public Garden4.80.8 mi
- Charles River Esplanade4.81 mi
- Arnold Arboretum of Harvard University4.84.9 mi
- Community Boating, Inc.4.60.6 mi
- MIT Sailing Pavilion4.91.3 mi
- Atlantic Wharf4.61 mi
- Constitution Marina4.60.4 mi
- Charlestown Marina4.81.1 mi
- Topgolf Boston - Canton3.912.6 mi
- Granite Links Golf Club4.68.4 mi
- Robert T. Lynch Municipal Golf Course3.96.2 mi
- George Wright4.57.5 mi
- Newton Commonwealth Golf Course45.6 mi
- Encore Boston Harbor4.32.1 mi
- Burlington Mall4.411.1 mi
- Prudential Center Boston4.51.5 mi
- Quincy Market4.50.6 mi
- Faneuil Hall Marketplace4.50.6 mi
- Boston Logan International Airport4.12.8 mi
- Park Shuttle & Fly4.53.1 mi
- The Lounge3.42.5 mi
- DaCoopas Pizza4.12.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Historic public park serving as the city's central green space.
Waterfront park and trail system along the Charles River.
Historic neighborhood known for its architecture and boutique shopping.
Key-figure check: median price diverges 26.4% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $927,900 (26.4% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration.