Cost increases since 2021 have significantly reduced the pool of potential homebuyers in Greater Boston.

Estimated number of renters with incomes high enough to afford a home in Greater Boston (i.e., spend no more than 30% of income on housing costs).

Note: Estimates assume a 3.5% down payment on a 30-year fixed rate loan with zero points, 0.85% mortgage insurance, 0.35% property insurance, 1.15% property taxes, 3% closing costs, and a maximum 31% debt to income ratio. Low-End homes have values in the 5th to 35 percentile of all homes in the Boston Metropolitan Statistical Area for the month of September for each year. Values for 2025 are calculated using 2023 population estimates.
Chart: Boston IndicatorsSource: Boston Indicators tabulations on Freddie Mac, Primary Mortgage Market Surveys, Zillow ZHVI, American Community SurveyCreated with Datawrapper