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Boston, Massachusetts

Know what your Boston home is really worth

Data-driven estimates for Boston — with the methodology behind every number.

Boston market snapshot

Median Sale Price
$690K
Median Days on Market
24 days
Active Listings
115

RentCast market data · Suffolk County County, Massachusetts

About Boston, Massachusetts

Boston is a city in Massachusetts that was founded in 1630 by English Europeans.

Boston () is the capital and most populous city of the U.S. state of Massachusetts. It serves as a cultural and financial center of New England, a region of the Northeastern United States. Boston has an area of 48.4 sq mi (125 km2) and a population of 675,647 as of the 2020 census, making it the third-most populous city in the Northeastern United States after New York City and Philadelphia. The larger Greater Boston metropolitan statistical area had a population of 4.9 million in 2023, making it the largest metropolitan area in New England and the eleventh-largest in the United States.

Boston was founded on Shawmut Peninsula in 1630 by English Puritan settlers, who named the city after the market town of Boston, Lincolnshire in England. During the American Revolution and Revolutionary War, Boston was home to several seminal events, including the Boston Massacre (1770), the Boston Tea Party (1773), Paul Revere's midnight ride (1775), the Battle of Bunker Hill (1775), and the Siege of Boston (1775–1776).

Boston by the numbers

Population 663,972 · Median age 33.2 yrs · Census ACS 2023

Median household income

Boston's median household income of $94,755 compares to $101,341 statewide and $78,538 nationally, per Census ACS 2023 5-year estimates.

Median age (years)

The median age in Boston is 33.2 yrs, compared to 40.0 yrs for Massachusetts and 38.7 yrs nationally.

Gender split

Boston is 48.1% male and 51.9% female, per Census ACS estimates.

Population trend — Boston

Boston's population declined 3.0% from 2019 to 2023, per Census ACS 5-year estimates.

Source: U.S. Census Bureau, American Community Survey 2023 5-year estimates.

Massachusetts government

Source: Congress.gov, Wikidata. Federal legislators represent Massachusetts statewide or by congressional district.

Boston economy

A global city, Boston is ranked among the top 30 most economically powerful cities in the world. Encompassing $610 billion, the Greater Boston metropolitan area has the eighth-largest economy in the country and 16th-largest in the world. Boston's colleges and universities exert a significant impact on the regional economy. Boston attracts more than 350,000 college students from around the world, who contribute more than US$4.8 billion annually to the city's economy. The area's schools are major employers and attract industries to the city and surrounding region. The city is home to a number of technology companies and is a hub for biotechnology, with the Milken Institute rating Boston as the top life sciences cluster in the country. Boston receives the highest absolute amount of annual funding from the National Institutes of Health of all cities in the United States. Boston is considered highly innovative for a variety of reasons, including the presence of academia, access to venture capital, and the presence of many high-tech companies. The Route 128 corridor and Greater Boston continue to be a major center for venture capital investment, and high technology remains an important sector.

Source: Wikipedia article on Boston under CC BY-SA 4.0.

Climate in Boston

Monthly climate — Boston

Source: NOAA Climate Data Online, 1991–2020 climate normals, station GHCND:USC00190535.

Average annual rainfall: 0.5 inches across 0 days per year.

Boston real estate news

Recent news about the Boston housing market. Source: Google News.

Boston real estate — frequently asked questions

What is the median home price in Boston?
The median home sale price in Boston, MA is $689,900, based on the most recent available sales data.
How long do homes stay on the market in Boston?
Homes in Boston sell in a median of 24 days.
What is the cost of living like in Boston?
Boston has a median household income of $94,755, per U.S. Census Bureau ACS estimates.
Who lives in Boston?
Boston has a population of 663,972 with a median age of 33.2 years, per U.S. Census Bureau ACS estimates.
How do I sell my home in Boston?
Start with a free, no-obligation home value estimate. Enter your address above and we'll connect you with a licensed local real-estate professional familiar with the Boston market within 24 hours.

How it works

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  2. 2

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  3. 3

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ForSaleAmerica.com is an online marketplace and is not a real estate brokerage in Massachusetts. Property valuations shown are automated estimates based on public data and are not appraisals, comparative market analyses, or guarantees of sale price. We connect homeowners with top local agents and partners — we do not represent buyers or sellers.