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Boston Median Single-Family Home Hits $857,000 Amid Tight Inventory

Inventory levels and mortgage rates are reported alongside commercial real estate figures.

By The Daily Boston · Published July 24, 2026

How we reported this

This article was written by AI from the linked sources and was not reviewed by a journalist before publishing. The Daily Boston is part of The Daily Network and follows our reasonable editorial care.

Boston Median Single-Family Home Hits $857,000 Amid Tight Inventory — AI illustration

Boston's housing market is classified as balanced transitional with a median single family home price of 857000 dollars up 1.4 percent year over year and inventory down 4.3 percent annually according to items 26 and 30.

Interest rates in Massachusetts remain between 6.19 percent and 6.75 percent contributing to a 9.1 percent drop in home sales in early 2026 compared to the prior year according to items 26 and 30.

Time Equities Inc acquired the 230 Congress Street office building in Boston for 32.5 million dollars in July 2026 according to item 47.

Beacon Capital secured 149 million dollars for a Boston life science building according to item 73.

Sources: perplexity-sonar, perplexity-sonar, perplexity-sonar, perplexity-sonar.

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