HousingHandbookReference data

U.S. ZIP Code · MA02108

Suffolk County · Boston-Cambridge-Newton, MA-NH

Typical home value

$1,644,267[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.4%
5-year / yr
+1.6%
10-year / yr
+2.0%

Relative price

vs U.S.
+478.8%
vs metro
+126.5%
vs state
+168.8%
ZIP 02108 location in MA
Location of ZIP 02108 in MA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 02108 is worth $1,644,267 — 126.5% above the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have fallen 0.4%. Homes here rent for a typical $3,192 a month — a 2.3% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$3,192[2]
Gross yield
2.3%[2]
Cap rate
1.4%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.7%[3]
Typical annual tax
$12,174[3]

#Climate risk

FEMA National Risk Index ratings for Suffolk County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively High
Coastal flood
Relatively High
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively High
Hurricane
Relatively High
Tornado
Relatively Moderate
Earthquake
Relatively Moderate
Winter weather
Relatively Low

#Who lives here

Population
3,794[3]
Median household income
$212,928[3]

#Migration

Household moves in and out of Suffolk County over a year, from IRS tax-return data.

Net migration
-4,023[5]
Moved in
36,567
Moved out
40,590

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield2.3%
Net yield (after ~40% expenses)1.4%
Annual rent$38,302

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$8,314
Loan principal$1,315,414
Down payment$328,853
Total interest paid$1,677,738

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio3.35
Monthly cost to own$10,698
Monthly rent$3,192

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
4th percentile[1]
Rental yield
1st percentile[2]
Property tax
13th percentile[3]

Frequently asked

How much is a home worth in ZIP code 02108?
The typical home in 02108 is worth $1,644,267, based on the Zillow Home Value Index.
Are home values rising in 02108?
Home values in 02108 are down 0.4% over the past year, and up 1.6% a year over five years.
What is the typical rent in 02108?
A typical home in 02108 rents for about $3,192 a month, a gross rental yield of 2.3%.
What is the property tax rate in 02108?
The effective property tax rate in 02108 is 0.7% — roughly $12,174 a year on a typical home.
Who lives in 02108?
ZIP code 02108 has a population of 3,794 and a median household income of $212,928.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Lexington CDP, MA

    Typical home
    $1,653,671
    Gross yield
    2.6%
  • Needham CDP, MA

    Typical home
    $1,666,830
    Gross yield
  • Winchester CDP, MA

    Typical home
    $1,578,188
    Gross yield
    2.4%
  • Lexington CDP, MA

    Typical home
    $1,560,023
    Gross yield
  • Newton, MA

    Typical home
    $1,528,435
    Gross yield
    2.9%
  • Waltham, MA

    Typical home
    $1,517,500
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 02108 against any other ZIP — full side-by-side table.

Compare 02108

#Jump to section