New-build home prices in 02116
Recorded home sales in ZIP 02116 (Suffolk County) run a median of $1,222 per square foot, the ground pricing a new-build has to work against. The middle half of sales sit between $1,082 and $1,500/sq ft.
What new homes sell for in 02116
At the local median of $1,222/sq ft, a new home would price roughly:
| 1,500 sq ft | $1,833,000 |
| 2,000 sq ft | $2,444,000 |
| 2,500 sq ft | $3,055,000 |
| 3,000 sq ft | $3,666,000 |
A gross sale price. The land bid it supports comes after build cost, contingency, fees, finance and profit — the residual the Threshold tool solves.
By home type
| Home type | Sales | Median $/sq ft | Median size | Median price |
|---|---|---|---|---|
| Condominium | 459 | $1,210 | 1,117 sf | $1,301,000 |
| Single-family | 20 | $1,515 | 2,246 sf | $3,347,500 |
| Multi-family | 5 | $796 | 2,275 sf | $1,950,000 |
Recent sales in 02116
| Type | Sq ft | Sale price | $/sq ft | Yr built | Sold |
|---|---|---|---|---|---|
| Condominium | 4,407 | $12,000,000 | $2,723 | 1890 | 6/2022 |
| Condominium | 3,089 | $9,240,000 | $2,991 | 2020 | 3/2022 |
| Condominium | 4,840 | $7,500,000 | $1,550 | 1899 | 5/2022 |
| Condominium | 2,774 | $6,900,000 | $2,487 | 1900 | 4/2022 |
| Condominium | 3,500 | $6,475,000 | $1,850 | 1900 | 5/2022 |
| Condominium | 2,927 | $6,100,000 | $2,084 | 1899 | 8/2022 |
| Condominium | 2,632 | $5,870,000 | $2,230 | 1915 | 1/2022 |
| Condominium | 3,108 | $5,800,000 | $1,866 | 1999 | 5/2022 |
| Condominium | 1,939 | $5,700,000 | $2,940 | 1878 | 8/2022 |
| Condominium | 2,428 | $5,200,000 | $2,142 | 2009 | 7/2022 |
| Condominium | 2,428 | $5,200,000 | $2,142 | 2009 | 9/2022 |
| Condominium | 1,983 | $4,300,000 | $2,168 | 2006 | 4/2022 |
| Condominium | 1,962 | $4,225,000 | $2,153 | 1890 | 5/2022 |
| Condominium | 2,173 | $4,025,000 | $1,852 | 1900 | 3/2022 |
| Condominium | 2,925 | $3,975,000 | $1,359 | 1900 | 9/2022 |
Appraising a site in 02116?
Drop a pin and Threshold US Land turns these comparables into an achievable new-build price and the maximum land bid that still hits your margin — in under 60 seconds.
Reserve founding access →Questions about 02116 home prices
- What is the price per square foot in 02116?
- Recent recorded home sales in ZIP 02116 (Suffolk County, MA) run a median of $1,222 per square foot, with the middle half between $1,082 and $1,500, from 484 qualified sales in 2021-2022.
- What does a home sell for in 02116?
- The typical recorded sale in 02116 is a 1,159 sq ft home at $1,372,500. A new 1,159 sq ft home at the local $1,222/sq ft would price around $1,416,298.
- Where does this 02116 data come from?
- MassGIS Level 3 standardized assessor parcel data, compiled from all 351 Massachusetts municipalities. Qualified residential sales from 2021. Estimates for site screening, not an appraisal.
All of Suffolk County →
Nearby ZIPs: 02199 · 02108 · 02111 · 02133 · 02142 · 02118 · 02114 · 02205
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Method: recorded residential sales with assessor living area (2021+) from MassGIS Level 3 standardized assessor parcel data, compiled from all 351 Massachusetts municipalities, assigned to nearest ZIP centroid. $/sq ft is sale price over heated living area. Estimates for site screening, not a USPAP appraisal. Updated July 2026.