02111 — Suffolk County, Massachusetts Market Snapshot

Housing market data for zip code 02111 in Suffolk County, Massachusetts. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

43 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$1,430,000

20.2% YoYClosed sales

Days to Sell

10

Median, listing to close

Homes Sold

43

Closed in 2026

Inventory

55

Sale-to-List

98.7%

New Listings

77

Price/SqFt

$1,692

Pending Sales

39

Jumbo Loan Likely Needed

The median home in 02111 at $1,430,000 exceeds the 2026 conforming loan limit of $962,550 by $467,450. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Market Insights

Market Temperature

02111 is an extremely competitive market with homes selling in just 10 days on average. Buyers need pre-approval letters ready before making offers.

Sale-to-List Ratio

Homes are selling very close to asking price in 02111 (98.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

The median home in 02111 at $1,430,000 exceeds the 2026 conforming loan limit of $962,550 by $467,450. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Loan limits in 02111 are set at the county level.

2026 Loan Limits — Suffolk County

Property Units Conforming Limit FHA Limit
1 Unit$962,550$962,550
2 Units$1,232,250$1,232,250
3 Units$1,489,500$1,489,500
4 Units$1,851,100$1,851,100

Affordability Snapshot — Zip 02111

To purchase the median home at $1,430,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $11,106.

Monthly Payment

$11,106

Income Required

$475,980

Principal & Interest

$8,811/mo

Down Payment (5%)

$71,500

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 02111.

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Estimated Monthly Payment

$9,000

Principal & Interest$7,420
Property Tax$1,430
Insurance$150
Loan Amount$1,144,000
Total Interest$1,527,186
Income Required$385,713/yr

Jumbo loan required. Loan amount exceeds the $962,550 conforming limit for 02111.

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