The story of this market
The typical home in ZIP 02203 sells for about $836,667, or $1,064 per square foot.
Prices are up +4.7% from a year ago, so sellers still have some momentum. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $3,420 a month.
ZIP 02203 — Boston
The housing market in 02203 remains highly competitive, driven by limited inventory and strong demand for luxury waterfront living. Prices have seen steady year-over-year growth, supported by the area's robust employment base and ongoing development in the Seaport District. Note that specific figures for sales count and active inventory are based on current market snapshots and may fluctuate.
This area is best suited for young professionals and corporate commuters who prioritize proximity to downtown employment and a high-amenity urban lifestyle.
Median prices moved up 4.7% year over year.
Homes spend a median of 38 days on market with 3.0 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 2.8% · poverty 5.2% — 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 2.8%/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 2.8%/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 02203, Suffolk County MA
The area experiences typical urban crime patterns consistent with downtown Boston, with property-related incidents being the most frequently reported in municipal 311 records.
Public schools serving the area are part of the Boston Public Schools system, which offers a mix of pilot and traditional schools with varying performance metrics.
The area is located in a coastal urban zone with high exposure to flood risks associated with storm surges and sea-level rise, requiring specialized insurance considerations.
The ZIP is characterized by high-density commercial and residential development, anchored by proximity to the Seaport District's ongoing corporate and mixed-use expansion.
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.
The area is highly walkable and transit-oriented, with immediate access to the MBTA Silver Line and proximity to South Station for regional rail connections.
Residents have access to the Harborwalk, various waterfront parks, and the extensive dining and retail amenities of the Seaport and Financial Districts.
The rental market is characterized by high demand and premium pricing, driven by the area's concentration of professional workers and proximity to major employment hubs.
The economy is dominated by the financial services, technology, and professional services sectors, with a significant concentration of corporate headquarters in the immediate vicinity.
The area is served by extensive public transit, including the MBTA Silver Line, bus routes, and proximity to major highway access points like I-90.
The area is subject to ongoing urban renewal projects focused on increasing residential density and improving public infrastructure along the waterfront.
The City of Boston Assessing Department manages property valuations, utilizing a mass appraisal system to determine annual tax liabilities.
Parcels are subject to standard municipal tax levies and may fall within specific Business Improvement Districts (BIDs) that fund local maintenance and security.
Property insurance premiums are influenced by the area's coastal location, with flood insurance often being a mandatory requirement for mortgage holders.
Data retrieved from US Census Bureau ZCTA-level tables.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
- Boston Tea Party Ships & Museum4.60.7 mi
- F1 Arcade Boston4.51 mi
- Museum of Illusions Boston4.50.3 mi
- Boda Borg Boston4.74.6 mi
- K1 Speed Boston-Wilmington4.214.4 mi
- Fenway Park4.82.2 mi
- TD Garden4.60.4 mi
- Thomas M. Menino Convention & Exhibition Center4.51.2 mi
- Topgolf Boston - Canton3.912.4 mi
- MGM Music Hall at Fenway4.42 mi
- Fenway Park4.82.2 mi
- Boston Common4.70.5 mi
- Museum of Fine Arts, Boston4.82.3 mi
- New England Aquarium4.40.5 mi
- Harvard Square4.63.2 mi
- Museum of Fine Arts, Boston4.82.3 mi
- Boston Public Library4.81.3 mi
- Isabella Stewart Gardner Museum4.72.6 mi
- Museum of Science4.70.8 mi
- Boston Tea Party Ships & Museum4.60.7 mi
- Boston Common4.70.5 mi
- Franklin Park Zoo4.44.1 mi
- Public Garden4.80.7 mi
- Charles River Esplanade4.81.1 mi
- Arnold Arboretum of Harvard University4.84.8 mi
- Community Boating, Inc.4.60.7 mi
- MIT Sailing Pavilion4.91.5 mi
- Atlantic Wharf4.60.6 mi
- Constitution Marina4.60.7 mi
- Charlestown Marina4.81.2 mi
- Topgolf Boston - Canton3.912.4 mi
- Granite Links Golf Club4.68 mi
- Robert T. Lynch Municipal Golf Course3.96.2 mi
- George Wright4.57.4 mi
- Newton Commonwealth Golf Course45.8 mi
- Encore Boston Harbor4.32.5 mi
- Burlington Mall4.411.5 mi
- Prudential Center Boston4.51.5 mi
- Quincy Market4.50.2 mi
- Faneuil Hall Marketplace4.50.2 mi
- Boston Logan International Airport4.12.5 mi
- Park Shuttle & Fly4.53 mi
- The Lounge3.42.3 mi
- DaCoopas Pizza4.12.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A scenic public walkway along the waterfront.
A major hub for modern dining, retail, and entertainment.
A landmark cultural institution located on the waterfront.
Key-figure check: median price diverges 53.5% 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.