Back Bay, Boston, MA—02199
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Back Bay, Boston, MA
As of Oct '25, the median home price in Back Bay, Boston, MA is $3,517,000, with a year-over-year change of -2.0%. This indicates that home prices in Back Bay, Boston, MA are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $3,517,000 | -2.0% |
| Single Family | N/A | N/A |
| Condos | $4,263,000 | -2.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Back Bay, Boston, MA
As of July '25, Rentcast reports the average rent in Back Bay, Boston, MA is $4,620, with a year-over-year rent change of -0.9%. Per bedroom, the median rent as of July '25 in Back Bay, Boston, MA is studios: $3,460, 1-bedrooms: $4,150, 2-bedrooms: $6,220, 3-bedrooms: $9,090. The most common rental property sizes in Back Bay, Boston, MA are studio and 1-bedroom, accounting for 37.8% and 31.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,020 | $4,620 |
| Studio Rent | $3,500 | $3,460 |
| 1 Bed Rent | $4,020 | $4,150 |
| 2 Bed Rent | $5,870 | $6,220 |
| 3 Bed Rent | $8,660 | $9,090 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Back Bay, Boston, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Back Bay, Boston, MA is 83. This is a decrease of -8.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $9,350,000 | 110.0% |
Listing Count | 10 | 12.0% |
| Listings as % of Homes | 0.5% | 12.0% |
Days on Market | 83 | -8.0% |
Demographics — Back Bay, Boston, MA
As of the latest ACS Survey released in 2023, Back Bay, Boston, MA has a population of 1,250, which has increased by 9.1% over the past 5 years. Back Bay, Boston, MA is a less popular place for families, as children make up 8.5% of the population. The area has a highly educated workforce, with 91.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,250 | 9.1% |
% Under 18 | 8.5% | 66.7% |
% Seniors | 17.2% | -25.9% |
% WFH | 28.4% | ∞% |
% w/ College Degree | 91.8% | 0.3% |
As of the latest ACS Survey released in 2023, Back Bay, Boston, MA is a predominantly white area, with 68.5% of the population identifying as white. The white population has grown by 4.1% in the last 5 years. The second most common race or ethnicity in Back Bay, Boston, MA is asian, making up 14.4% of the population. Foreign-born residents account for 24.3% of the population in Back Bay, Boston, MA, and this percentage has decreased by 36.7% 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 | 68.5% | 4.1% |
% Black | 4.8% | ∞% |
% Hispanic | 5.9% | 28.3% |
% Asian | 14.4% | -51.4% |
% Foreign Born | 24.3% | -36.7% |
Mortgage and Risk — Back Bay, Boston, MA
Back Bay, Boston, MA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Back Bay, Boston, MA
Back Bay, Boston, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$420 | $4,020 | $3,600 |
| 2 Bedroom | -$1,610 | $5,870 | $4,260 |
| 3 Bedroom | -$3,530 | $8,660 | $5,130 |
| 4 Bedroom | N/A | N/A | $5,650 |
Affordability — Back Bay, Boston, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 30.3 |
| Median Home Price | $3,517,000 |
| Median Household Income | $118,000 |