Exploring Housing Prices in Boston’s Neighborhoods

Ed Greable Blogger March 14, 2018

Two of Boston’s largest neighborhoods, Dorchester and South Boston also share a long border. Yet, despite their proximity, South Boston is a far more expensive place to purchase a home than Dorchester. This doesn’t mean that Dorchester is not also pricey, however, as both neighborhoods are home to some of the city’s pricier sub-neighborhoods.

Once an independent town prior to being annexed, Dorchester’s most expensive sub-neighborhoods include Lower Mills, Savin Hill and Uphams Corner-slash-Jones Hill. South Boston itself was once part of Dorchester, which is why Dorchester Heights is located in South Boston. Within South Boston, the West Side and Andrew Square sub-neighborhoods are more expensive than East Side, which is where City Point and Telegraph Hill are located.

For February 2018, the listing price per square foot of several of the sub-neighborhoods found in Dorchester and South Boston were of the following ranges:

  • Seaport (South Boston): $1,223 to $2,017 per square foot
  • Fort Point (South Boston): $903 to $1,739 per square foot
  • Westside (South Boston): $561 to $1,347 per square foot
  • Andrew Square (South Boston): $639 to $837 per square foot
  • Eastside (South Boston): $411 to $1,036 per square foot
  • Lower Mills (Dorchester): $352 to $591 per square foot
  • Savin Hill (Dorchester): $302 to $633 per square foot
  • Upham’s Corner/Jones Hill: $193 to $606 per square foot
  • Dorchester (Dorchester): $193 to $633 per square foot
  • Neponset-Port Norfolk (Dorchester): $351 to $438 per square foot
  • Fields Corner (Dorchester): $286 to $381 per square foot
  • Codman Square (Dorchester): $150 to $419 per square foot
  • Mattapan (Dorchester): $153 to $355 per square foot

Exploring Housing Prices in Boston’s Most Expensive Neighborhoods

While Dorchester and South Boston are among the city’s biggest neighborhoods, there are neighborhoods in the city that are decidedly more expensive. Overall, prices in the Boston housing market ranged all the way from $150 per square foot to a high of $3,857 per square foot. On average, market-rate is now more than $1,000 per square foot in neighborhoods such as Back Bay, Beacon Hill, Fenway, Kenmore and the Seaport District. More specifically, those that were higher than the $1,000 mark in February had price ranges as follows:

  • Back Bay: $843 to $3,857 per square foot
  • Fenway-Kenmore: $1,434 to $1,666 per square foot
  • Seaport: $1,233 to $2,017 per square foot
  • Beacon Hill: $936 to $2,610 per square foot
  • Financial District: $1,131 to $1,521 per square foot
  • Theatre District: $709 to $1,598 per square foot
  • Bay Village: $962 to $1,385 per square foot
  • South End: $713 to $1,559 per square foot
  • North End: $757 to $1,354 per square foot
  • Waterfront: $783 to $1,354 per square foot
  • Fort Point: $903 to $1,739 per square foot
  • City of Cambridge: $517 to $1,182 per square foot
  • South Boston: $411 to $1,347 per square foot
  • Brighton: $355 to $1,030 per square foot

Several additional neighborhoods are right below the thousand dollar mark with ranges falling just below that figure.

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