02205 — Suffolk County, Massachusetts Market Snapshot
Housing market data for zip code 02205 in Suffolk County, Massachusetts. Updated monthly with median prices, days on market, and more.
Market Sales Data
27 sales in 2026 (year to date)
Median Sale Price
$1,758,000
Days to Sell
6
Homes Sold
27
Inventory
5
Sale-to-List
99.9%
New Listings
16
Price/SqFt
$1,925
Pending Sales
12
Jumbo Loan Likely Needed
The median home in 02205 at $1,758,000 exceeds the 2026 conforming loan limit of $962,550 by $795,450. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
02205 is an extremely competitive market with homes selling in just 6 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 02205 (99.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 02205 at $1,758,000 exceeds the 2026 conforming loan limit of $962,550 by $795,450. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 02205 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 02205
To purchase the median home at $1,758,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $13,619.
Monthly Payment
$13,619
Income Required
$583,682
Principal & Interest
$10,832/mo
Down Payment (5%)
$87,900
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 02205.
Estimated Monthly Payment
$11,030
Jumbo loan required. Loan amount exceeds the $962,550 conforming limit for 02205.
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 02205. Tell us what you're looking for.