New-build home prices in 02118
Recorded home sales in ZIP 02118 (Suffolk County) run a median of $999 per square foot, the ground pricing a new-build has to work against. The middle half of sales sit between $831 and $1,157/sq ft.
What new homes sell for in 02118
At the local median of $999/sq ft, a new home would price roughly:
| 1,500 sq ft | $1,498,500 |
| 2,000 sq ft | $1,998,000 |
| 2,500 sq ft | $2,497,500 |
| 3,000 sq ft | $2,997,000 |
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 | 712 | $1,000 | 990 sf | $925,000 |
| Single-family | 20 | $1,113 | 2,491 sf | $2,590,000 |
| Multi-family | 14 | $587 | 2,704 sf | $1,600,000 |
Recent sales in 02118
| Type | Sq ft | Sale price | $/sq ft | Yr built | Sold |
|---|---|---|---|---|---|
| Single-family | 4,429 | $8,550,000 | $1,931 | 1899 | 2/2022 |
| Single-family | 3,024 | $5,150,000 | $1,703 | 1863 | 5/2022 |
| Condominium | 2,398 | $4,862,500 | $2,028 | 2003 | 7/2022 |
| Single-family | 3,213 | $4,850,000 | $1,510 | 1875 | 4/2022 |
| Condominium | 3,719 | $4,300,000 | $1,156 | 2015 | 7/2022 |
| Condominium | 2,258 | $4,250,000 | $1,882 | 2003 | 6/2022 |
| Multi-family | 2,723 | $3,900,000 | $1,432 | 1890 | 6/2022 |
| Condominium | 2,659 | $3,750,000 | $1,410 | 1899 | 4/2022 |
| Condominium | 2,550 | $3,675,000 | $1,441 | 1900 | 2/2022 |
| Condominium | 2,761 | $3,650,000 | $1,322 | 1899 | 4/2022 |
| Condominium | 2,563 | $3,600,000 | $1,405 | 1863 | 6/2022 |
| Single-family | 4,765 | $3,550,000 | $745 | 1890 | 2/2022 |
| Condominium | 2,402 | $3,350,000 | $1,395 | 1900 | 6/2022 |
| Condominium | 1,979 | $3,125,000 | $1,579 | 2021 | 3/2022 |
| Condominium | 2,300 | $3,090,000 | $1,344 | 2017 | 1/2022 |
Appraising a site in 02118?
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 02118 home prices
- What is the price per square foot in 02118?
- Recent recorded home sales in ZIP 02118 (Suffolk County, MA) run a median of $999 per square foot, with the middle half between $831 and $1,157, from 746 qualified sales in 2021-2022.
- What does a home sell for in 02118?
- The typical recorded sale in 02118 is a 1,036 sq ft home at $940,000. A new 1,036 sq ft home at the local $999/sq ft would price around $1,034,964.
- Where does this 02118 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 · 02116 · 02111 · 02205 · 02108 · 02119 · 02115 · 02120
Massachusetts land hub
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.