02124 — Suffolk County, Massachusetts Market Snapshot
Housing market data for zip code 02124 in Suffolk County, Massachusetts. Updated monthly with median prices, days on market, and more.
Market Sales Data
11 sales in 2026 (year to date)
Median Sale Price
$735,000
Days to Sell
23
Homes Sold
11
Inventory
16
Sale-to-List
99.5%
New Listings
24
Price/SqFt
$435
Pending Sales
16
Conforming Loan Available
Most homebuyers in 02124 can comfortably use conventional financing. The median home price of $735,000 is well below the 2026 conforming loan limit of $962,550, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 02124 are moving quickly at 23 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 02124 (99.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 02124 can comfortably use conventional financing. The median home price of $735,000 is well below the 2026 conforming loan limit of $962,550, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 02124 are set at the county level.
2026 Loan Limits — Suffolk County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $962,550 | $962,550 |
| 2 Units | $1,232,250 | $1,232,250 |
| 3 Units | $1,489,500 | $1,489,500 |
| 4 Units | $1,851,100 | $1,851,100 |
Affordability Snapshot — Zip 02124
To purchase the median home at $735,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,781.
Monthly Payment
$5,781
Income Required
$247,772
Principal & Interest
$4,529/mo
Down Payment (5%)
$36,750
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 02124.
Estimated Monthly Payment
$4,699
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