The story of this market
The typical home in ZIP 02124 sells for about $659,167, or $450 per square foot.
Prices are up +10.7% from a year ago, so sellers still have some momentum. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $3,200 a month.
ZIP 02124 — Boston
The 02124 housing market remains robust with a 10.7% year-over-year price increase, driven by high demand and limited inventory. While sales volume is steady, the market is characterized by competitive bidding and a low supply of 2.1 months. Buyers continue to prioritize transit-accessible locations, keeping the market active despite broader economic headwinds.
This ZIP is ideal for commuters and families seeking urban density with transit access, as well as investors targeting the high-demand rental market.
Median prices moved up 10.7% year over year.
Homes spend a median of 28 days on market with 2.1 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 101.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 13.5% — 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 7.4%/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 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 02124, Suffolk County, MA
Crime rates in Dorchester are higher than the national average, though the area has seen localized efforts to improve public safety through community policing and neighborhood engagement.
The area is served by Boston Public Schools, with a mix of district-run schools and charter options; performance ratings vary significantly across individual institutions.
The area faces standard urban climate risks, including potential for localized flooding during extreme weather events and typical New England wind exposure.
Economic momentum is driven by proximity to Boston's core, with ongoing transit-oriented development and small business growth along the Dorchester Avenue corridor.
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.
Residents benefit from strong transit connectivity via the MBTA Red Line (Ashmont and Shawmut stations) and multiple bus routes providing direct access to Downtown Boston.
The area features significant green space including Dorchester Park and the Neponset River Greenway, alongside diverse dining and retail districts along Adams Street and Dorchester Avenue.
The rental market is highly competitive with low vacancy rates, driven by strong demand from students and young professionals working in the Boston metro area.
The economy is anchored by healthcare, education, and professional services in the broader Boston metro area, with a strong local base of small businesses.
The area is well-served by the MBTA Red Line and extensive bus networks, facilitating efficient commutes to Downtown Boston and Cambridge.
Development is focused on transit-oriented residential projects and the adaptive reuse of older commercial buildings.
The City of Boston Assessing Department manages property valuations, utilizing annual assessments to determine tax liabilities.
Parcels are subject to Boston Public Schools district boundaries and city-wide utility service districts.
Property insurance premiums are influenced by the area's urban density and proximity to coastal flood zones, requiring standard hazard coverage.
Data retrieved from US Census Bureau ACS 5-year estimates for ZCTA 02124.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
- Boston Tea Party Ships & Museum4.64.9 mi
- F1 Arcade Boston4.54.9 mi
- Starland Sportsplex & Fun Park4.416.6 mi
- Museum of Illusions Boston4.55.4 mi
- Boda Borg Boston4.710 mi
- Fenway Park4.84.7 mi
- TD Garden4.65.8 mi
- Gillette Stadium4.616.6 mi
- Thomas M. Menino Convention & Exhibition Center4.54.4 mi
- Topgolf Boston - Canton3.97.4 mi
- Fenway Park4.84.7 mi
- Boston Common4.75 mi
- Museum of Fine Arts, Boston4.84.1 mi
- New England Aquarium4.45.4 mi
- Harvard Square4.66.8 mi
- Museum of Fine Arts, Boston4.84.1 mi
- Boston Public Library4.84.6 mi
- Isabella Stewart Gardner Museum4.74.2 mi
- Museum of Science4.75.9 mi
- Boston Tea Party Ships & Museum4.64.9 mi
- Boston Common4.75 mi
- Franklin Park Zoo4.41.9 mi
- Public Garden4.84.9 mi
- Charles River Esplanade4.85.1 mi
- Arnold Arboretum of Harvard University4.83.2 mi
- Community Boating, Inc.4.65.3 mi
- MIT Sailing Pavilion4.95.3 mi
- Atlantic Wharf4.64.9 mi
- Constitution Marina4.66.1 mi
- Charlestown Marina4.86.5 mi
- Topgolf Boston - Canton3.97.4 mi
- Granite Links Golf Club4.62.8 mi
- Robert T. Lynch Municipal Golf Course3.95.1 mi
- George Wright4.53.5 mi
- Newton Commonwealth Golf Course46.8 mi
- Encore Boston Harbor4.37.8 mi
- Prudential Center Boston4.54.6 mi
- Quincy Market4.55.4 mi
- Faneuil Hall Marketplace4.55.4 mi
- Assembly Row4.57.7 mi
- Boston Logan International Airport4.16.5 mi
- Park Shuttle & Fly4.57.9 mi
- The Lounge3.46.5 mi
- DaCoopas Pizza4.17 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A large, historic public park offering green space and recreational facilities.
A scenic multi-use trail system connecting neighborhoods to the waterfront.
A vibrant commercial district known for its local restaurants and shops.
Key-figure check: median price diverges 19.8% from the nearest retained anchor (published ten-year series (2023)) — 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 $790,000 (19.8% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration.