The story of this market
The typical home in ZIP 02111 sells for about $953,400, or $1,104 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,926 a month.
ZIP 02111 — Boston
The 02111 market remains resilient, characterized by high-value luxury condominium sales and strong rental demand. While inventory is tight, the market is supported by the area's central location and proximity to major employment hubs. Figures for specific metrics like active inventory and price cuts are based on current market listings.
This ZIP is ideal for young professionals, urban commuters, and investors seeking high-density luxury living in the heart of Boston, though it is less suited for families seeking traditional suburban space.
Median prices moved up 2.4% year over year.
Homes spend a median of 45 days on market with 3.4 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.0% · poverty 24.7% — a mixed stability 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 4.3%/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 4.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 02111, Suffolk County MA
Crime rates in the downtown Boston area are generally higher than the national average due to high population density and tourist activity, though violent crime remains concentrated in specific pockets.
Public schools serving the area are part of Boston Public Schools, which face ongoing challenges with performance metrics and resource allocation compared to suburban districts.
The area is subject to urban flood risks and extreme heat events common to dense coastal cities, with insurance premiums reflecting high-density urban exposure.
The area benefits from proximity to the Financial District and major biotech hubs, with ongoing high-rise residential and mixed-use development projects.
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 enjoy exceptional access to public transit via the MBTA Orange, Red, and Green lines, making it one of the most walkable and transit-connected ZIP codes in the country.
The area is anchored by the Boston Common and Public Garden, with immediate access to the Rose Kennedy Greenway, Chinatown dining districts, and high-end shopping at Downtown Crossing.
The rental market is highly competitive with low vacancy rates, driven by a transient professional population and proximity to major universities and employment centers.
The economy is driven by the Financial District, professional services, and a robust hospitality and tourism sector centered around the downtown core.
The area is a primary transit hub served by multiple MBTA subway lines, commuter rail at South Station, and extensive bus networks.
Development is characterized by high-density infill projects and the adaptive reuse of historic commercial properties into residential condominiums.
The Suffolk County assessment regime is managed by the City of Boston Assessing Department, which conducts annual valuations for tax purposes.
Parcels are subject to Boston Public Schools district taxes and various municipal utility assessments for water and sewer services.
Property insurance costs are influenced by urban density and coastal flood zone designations, requiring specialized coverage for high-rise structures.
Massachusetts has experienced net domestic out-migration, though urban centers like Boston continue to attract international talent and young professionals.
Massachusetts is a judicial foreclosure state, requiring court intervention to complete the foreclosure process, which typically extends the timeline for lenders.
Massachusetts is a 'caveat emptor' state, but sellers are required to provide a property disclosure statement regarding the condition of the home, specifically regarding lead paint and septic systems.
Data retrieved from data.census.gov ZCTA-level tables.
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.
- Boston Tea Party Ships & Museum4.60.5 mi
- F1 Arcade Boston4.50.8 mi
- Starland Sportsplex & Fun Park4.419.8 mi
- Museum of Illusions Boston4.50.7 mi
- Boda Borg Boston4.75.2 mi
- Fenway Park4.81.9 mi
- TD Garden4.61 mi
- Thomas M. Menino Convention & Exhibition Center4.50.8 mi
- Topgolf Boston - Canton3.911.8 mi
- MGM Music Hall at Fenway4.41.8 mi
- Fenway Park4.81.9 mi
- Boston Common4.70.4 mi
- Museum of Fine Arts, Boston4.81.9 mi
- New England Aquarium4.40.8 mi
- Harvard Square4.63.4 mi
- Museum of Fine Arts, Boston4.81.9 mi
- Boston Public Library4.81 mi
- Isabella Stewart Gardner Museum4.72.2 mi
- Museum of Science4.71.3 mi
- Boston Tea Party Ships & Museum4.60.5 mi
- Boston Common4.70.4 mi
- Franklin Park Zoo4.43.5 mi
- Public Garden4.80.5 mi
- Charles River Esplanade4.81 mi
- Arnold Arboretum of Harvard University4.84.3 mi
- Community Boating, Inc.4.60.9 mi
- MIT Sailing Pavilion4.91.5 mi
- Atlantic Wharf4.60.4 mi
- Constitution Marina4.61.3 mi
- Charlestown Marina4.81.8 mi
- Topgolf Boston - Canton3.911.8 mi
- Granite Links Golf Club4.67.4 mi
- Robert T. Lynch Municipal Golf Course3.95.9 mi
- George Wright4.56.8 mi
- Newton Commonwealth Golf Course45.7 mi
- Encore Boston Harbor4.33.1 mi
- Burlington Mall4.412 mi
- Prudential Center Boston4.51.2 mi
- Quincy Market4.50.7 mi
- Faneuil Hall Marketplace4.50.7 mi
- Boston Logan International Airport4.12.8 mi
- Park Shuttle & Fly4.53.5 mi
- The Lounge3.42.6 mi
- DaCoopas Pizza4.12.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
America's oldest public park and a central hub for city recreation.
A linear park system featuring gardens, art installations, and food trucks.
A historic neighborhood known for authentic Asian cuisine and cultural landmarks.
Key-figure check: median price diverges 30.1% from the nearest retained anchor (published ten-year series (2024)) — 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 $1,240,000 (30.1% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $1,240,000 (+30.1% vs the published ten-year series (2024)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.