The story of this market
The typical home in ZIP 02114 sells for about $1,260,000, or $1,340 per square foot.
Prices are up +14.5% 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 $2,989 a month.
ZIP 02114 — Boston
The 02114 housing market remains highly competitive with premium pricing driven by limited inventory and high demand for historic properties. While price growth has moderated compared to previous years, the area's central location and proximity to major employment hubs continue to support strong valuations.
This ZIP is ideal for professionals, academics, and affluent downsizers who prioritize walkability, historic charm, and proximity to Boston's major employment and cultural hubs.
Median prices moved up 14.5% year over year.
Homes spend a median of 34 days on market with 1.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 10.1% — 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 4.8%/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 3.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 02114, Suffolk County, MA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime in the Beacon Hill/Downtown area is generally consistent with dense urban centers, with property crime being the primary concern compared to regional suburban averages.
The area is served by Boston Public Schools, with access to several highly-rated private and charter institutions in the immediate vicinity.
The ZIP code faces moderate flood risk due to its proximity to the Charles River and low-lying coastal areas, with standard insurance requirements for urban properties.
The area benefits from proximity to the Kendall Square biotech hub and the ongoing redevelopment of the downtown waterfront, maintaining high demand for residential space.
Property taxes are assessed by the City of Boston; the rate is determined annually by the city council, with residential exemptions available for owner-occupied primary residences.
Residents enjoy excellent walkability and access to the MBTA Red, Green, and Blue lines, making the commute to the Financial District and Cambridge highly efficient.
The ZIP features immediate access to the Boston Common, the Charles River Esplanade, and the historic shopping and dining districts of Charles Street.
The rental market is characterized by high demand from professionals and students, with low vacancy rates and a significant presence of long-term rental inventory.
The economy is anchored by higher education, healthcare, and the burgeoning life sciences sector in nearby Cambridge and the Seaport District.
The area is a transit-rich environment served by multiple MBTA subway lines and major bus corridors, minimizing the need for personal vehicle ownership.
Ongoing urban infill projects focus on luxury residential conversions and the modernization of historic brownstone infrastructure.
Parcels are subject to City of Boston municipal taxes and standard utility district assessments.
Property insurance premiums are influenced by urban density and flood zone designations near the Charles River.
Data retrieved from data.census.gov and local market reports.
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 & Museum4.61.1 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.
America's oldest public park and a central hub for city recreation.
Extensive waterfront walking and biking paths along the Charles River.
Historic district known for boutique shops and high-end dining.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.