Market Report
ZIP 02116 Housing Market
The median sale price is $3.06M (+36.1% year over year). Homes are selling in a median of 44 days.
Prices & Activity
Median Sale Price
$3.06M
+36.1% YoYDays on Market
44
+1 days YoYMonths of Supply
N/A
Active Inventory
2
-71.4% YoYSale-to-List
93.1%
-2.4 pts YoYSource: Redfin Data Center (through Jan 2026)
Median Sale Price — ZIP 02116
Days on Market — ZIP 02116
Growth & Supply
Population
21,978
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$126K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
65.0%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
Migration — Suffolk County
Avg income of movers (latest year): in $94K · out $127K
IRS Statistics of Income, County-to-County Migration Data (through 2023)
Unemployment Rate — Suffolk County
Most recent month is preliminary and subject to revision
U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics (through Jun '26)
New Construction Permits — Suffolk County
2,527 housing units permitted in the last 12 months (+37% vs the prior 12 months) — 2,269 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)