Boston, one of the most historic and competitive real estate markets in the U.S., continues to attract professionals, students, and investors alike. In 2025, the Boston condo market remains strong despite rising interest rates and affordability concerns.
This article breaks down the average Boston condo price in 2025, market trends, and top areas for buyers.
π’ Average Condo Price in Boston (2025)
As of Q3 2025, the average condo price in Boston is around $783,000, with notable differences across neighborhoods and building types.
| Condo Type | Avg Price (2025) |
|---|---|
| Studio | $485,000 |
| 1-Bedroom | $635,000 |
| 2-Bedroom | $835,000 |
| Luxury High-Rise Unit | $1.45 million+ |
Condos in areas like Back Bay and Beacon Hill typically sell at a premium due to limited supply and historic appeal.
πΉ Whatβs Driving the Boston Condo Market in 2025?
1. Strong Job Market
Boston’s biotech, healthcare, and education sectors continue to hire, especially in Cambridge and Seaport areas.
2. Limited Inventory
Historic zoning restrictions and slow new development keep supply tight in core neighborhoods.
3. Student & Faculty Housing Demand
With over 50 colleges and universities in the area, demand for condo rentals remains high.
4. Investor Interest
Rental yields for condos have improved, with long-term appreciation still appealing to investors.
π Condo Price Trends in Boston (2020β2025)
| Year | Avg Price | YoY Change |
| 2020 | $685,000 | +4.8% |
| 2021 | $720,000 | +5.1% |
| 2022 | $765,000 | +6.3% |
| 2023 | $795,000 | +3.9% |
| 2024 | $770,000 | -3.1% |
| 2025 | $783,000 | +1.7% |
The condo market rebounded slightly in 2025 after cooling off in 2024 due to higher mortgage rates.
π Best Neighborhoods to Buy a Condo in Boston (2025)
| Neighborhood | Why Buy Here |
| Back Bay | Historic brownstones, shopping, high resale value |
| South End | Artsy, diverse, strong community feel |
| Seaport District | Modern condos, waterfront views, luxury living |
| Cambridge | Access to MIT/Harvard, tech employers |
| East Boston | More affordable, great for first-time buyers |
πΌ Boston Condo Buyer Tips for 2025
- HOA Fees: Expect $400β$1,000/month depending on building amenities
- Parking: Not always included; monthly parking can cost $250β$400
- Historic Buildings: May have higher maintenance costs and fewer upgrades
- Inspections: Older buildings may require plumbing, electric, or HVAC updates
𧱠Is Buying a Condo in Boston a Good Idea in 2025?
| Buyer Type | Recommendation | Reason |
| First-Time Buyer | β Consider | Smaller units are still in demand and may appreciate well |
| Investor | β Yes | High rental demand, stable tenants from student/faculty pools |
| Downsizer | β Yes | Convenient access to culture, healthcare, and walkability |
| Commuter Professional | β Yes | Strong transit links make condos appealing for young workers |
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π Final Thoughts
In 2025, the Boston condo market remains resilient, driven by limited inventory, strong economic fundamentals, and global interest in the city. While prices have moderated slightly, they continue to climb in key areas with lasting demand.
For those looking to invest, relocate, or downsize, Boston offers lasting value, walkability, and stable growth in the condo sector.