ZIP Code 02124 — Boston, MA Home Prices (2026)
The typical home in ZIP 02124 (Boston, Massachusetts) is worth about $698,000 at roughly $499 per square foot — 14% more affordable than the Boston median and 137% more expensive than the typical U.S. home.
How 02124 compares
ZIP 02124 is one of the more affordable ZIP codes in Boston: its typical home value of $698,000 ranks #20 of the 28 Boston ZIP codes we track (the citywide range runs from $608,000 in 02126 to $3,306,000 in 02199). Per square foot it costs about $499, against $811 for Boston as a whole, $361 for Massachusetts, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 02124 | $698,000 | $499 |
| Boston, MA | $816,000 | $811 |
| Massachusetts | $631,000 | $361 |
| United States | $294,000 | $195 |
Home value by size in 02124
Using this ZIP’s rate of about $499 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $499,000 |
| 1,500 sq ft | $748,500 |
| 2,000 sq ft | $998,000 |
| 2,500 sq ft | $1,247,500 |
| 3,000 sq ft | $1,497,000 |
Salary needed to buy a home in ZIP 02124
To buy the typical $698,000 home in ZIP 02124 with 20% down, you need a household income of roughly $190,000 a year (about $4,430 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $226,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $34,900 | $5,510/mo | $236,000/yr |
| 10% (+PMI) | $69,800 | $5,260/mo | $226,000/yr |
| 20% | $139,600 | $4,430/mo | $190,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 02124
At about $499 per square foot, here is roughly how much home different budgets get you in ZIP 02124:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $400k | 800 sq ft | below the local median — condos, smaller or older homes |
| $500k | 1000 sq ft | below the local median — condos, smaller or older homes |
| $600k | 1200 sq ft | around the typical home here |
| $750k | 1500 sq ft | around the typical home here |
| $1.00M | 2000 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 02124 home.
Estimate a specific home in 02124
The estimator below is pre-set to ZIP 02124 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Boston ZIP codes by home value
Where 02124 sits among Boston’s 28 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 02199 | $3,306,000 | $2509 |
| 2 | 02108 | $1,689,000 | $1477 |
| 3 | 02210 | $1,508,000 | $1731 |
| 4 | 02110 | $1,432,000 | $1687 |
| 5 | 02116 | $1,342,000 | $1358 |
| 6 | 02129 | $1,023,000 | $880 |
| 7 | 02111 | $986,000 | $1031 |
| 8 | 02120 | $981,000 | $664 |
| 9 | 02118 | $978,000 | $1100 |
| 10 | 02109 | $971,000 | $1113 |
| 11 | 02127 | $872,000 | $865 |
| 12 | 02115 | $869,000 | $1286 |
| 13 | 02132 | $824,000 | $524 |
| 14 | 02130 | $816,000 | $673 |
| 15 | 02134 | $816,000 | $646 |
| 16 | 02113 | $744,000 | $1019 |
| 17 | 02114 | $740,000 | $1148 |
| 18 | 02131 | $730,000 | $526 |
| 19 | 02215 | $702,000 | $1132 |
| 20 | 02124 (this page) | $698,000 | $499 |
| 21 | 02122 | $680,000 | $560 |
| 22 | 02128 | $668,000 | $700 |
| 23 | 02125 | $664,000 | $557 |
| 24 | 02121 | $660,000 | $418 |
| 25 | 02136 | $659,000 | $464 |
| 26 | 02119 | $659,000 | $495 |
| 27 | 02135 | $657,000 | $757 |
| 28 | 02126 | $608,000 | $427 |
ZIP 02124 home prices: frequently asked
What is the average home price in ZIP code 02124? +
What is the price per square foot in 02124? +
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See the full Boston home values page, all Massachusetts cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.