02114 — Suffolk County, Massachusetts Market Snapshot

Housing market data for zip code 02114 in Suffolk County, Massachusetts. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

34 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$800,000

-11.0% YoYClosed sales

Days to Sell

34

Median, listing to close

Homes Sold

34

Closed in 2026

Inventory

82

Sale-to-List

99.4%

New Listings

101

Price/SqFt

$1,186

Pending Sales

45

Conforming Loan Available

The median home in 02114 at $800,000 falls within the 2026 conforming loan limit of $962,550, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.

Market Insights

Market Temperature

02114's market is balanced with homes taking an average of 34 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Sale-to-List Ratio

Homes are selling very close to asking price in 02114 (99.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

The median home in 02114 at $800,000 falls within the 2026 conforming loan limit of $962,550, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.

Loan limits in 02114 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 02114

To purchase the median home at $800,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $6,279.

Monthly Payment

$6,279

Income Required

$269,115

Principal & Interest

$4,929/mo

Down Payment (5%)

$40,000

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 02114.

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Estimated Monthly Payment

$5,101

Principal & Interest$4,151
Property Tax$800
Insurance$150
Loan Amount$640,000
Total Interest$854,371
Income Required$218,616/yr

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