East Boston, Boston, MA—02128
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East Boston, Boston, MA
As of Oct '25, the median home price in East Boston, Boston, MA is $665,000, with a year-over-year change of 0.1%. This indicates that home prices in East Boston, Boston, MA are flat. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $665,000 | 0.1% |
| Single Family | $774,000 | 0.5% |
| Condos | $624,000 | -0.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $532,000 | -1.5% |
2 Bed | $646,000 | -0.3% |
3 Bed | $747,000 | 0.1% |
4 Bed | $801,000 | -1.2% |
| 5 Bed | $990,000 | 1.2% |
% of Housing Stock
Rental Trends — East Boston, Boston, MA
As of July '25, Rentcast reports the average rent in East Boston, Boston, MA is $3,140, with a year-over-year rent change of -4.6%. Per bedroom, the median rent as of July '25 in East Boston, Boston, MA is studios: $2,690, 1-bedrooms: $2,620, 2-bedrooms: $3,290, 3-bedrooms: $3,550, 4-bedrooms: $4,180. The most common rental property sizes in East Boston, Boston, MA are 2-bedroom and 1-bedroom, accounting for 38.3% and 24.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,140 |
| Studio Rent | $2,700 | $2,690 |
| 1 Bed Rent | $2,600 | $2,620 |
| 2 Bed Rent | $3,150 | $3,290 |
| 3 Bed Rent | $3,550 | $3,550 |
| 4 Bed Rent | $4,050 | $4,180 |
% of Rental Stock
Property Listings — East Boston, Boston, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in East Boston, Boston, MA is 31. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $690,000 | -6.0% |
Listing Count | 126 | 10.0% |
| Listings as % of Homes | 0.4% | 10.0% |
Days on Market | 31 | -1.0% |
Demographics — East Boston, Boston, MA
As of the latest ACS Survey released in 2023, East Boston, Boston, MA has a population of 44,100, which has decreased by -6.0% over the past 5 years. East Boston, Boston, MA is a moderately popular place for families, as children make up 17.0% of the population. The area has a moderately educated workforce, with 38.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,100 | -6.0% |
% Under 18 | 17.0% | -17.5% |
% Seniors | 8.0% | -11.1% |
% WFH | 17.7% | 785.0% |
% w/ College Degree | 38.2% | 45.8% |
As of the latest ACS Survey released in 2023, East Boston, Boston, MA is a predominantly hispanic area, with 52.4% of the population identifying as hispanic. The hispanic population has shrunk by 7.1% in the last 5 years. The second most common race or ethnicity in East Boston, Boston, MA is white, making up 36.1% of the population. Foreign-born residents account for 43.3% of the population in East Boston, Boston, MA, and this percentage has decreased by 12.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 36.1% | 8.7% |
% Black | 3.3% | 6.5% |
% Hispanic | 52.4% | -7.1% |
% Asian | 3.9% | -20.4% |
% Foreign Born | 43.3% | -12.5% |
Mortgage and Risk — East Boston, Boston, MA
According to HUD data as of 2023, there were 425 mortgage originations in East Boston, Boston, MA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in East Boston, Boston, MA. Investor activity is low, as 9.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 425 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 9.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — East Boston, Boston, MA
As of 2024, the percent of homes in East Boston, Boston, MA under the Section 8 program is 12.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In East Boston, Boston, MA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 1,995 |
Total Units Section 8 | 1,524 |
% Rentals under Section 8 | 12.1% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$440 | $2,600 | $2,160 |
| 2 Bedroom | -$590 | $3,150 | $2,560 |
| 3 Bedroom | -$470 | $3,550 | $3,080 |
| 4 Bedroom | -$660 | $4,050 | $3,390 |
Affordability — East Boston, Boston, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.7 |
| Median Home Price | $665,000 |
| Median Household Income | $92,100 |