ZIP Code Market Report · May 2026
Is 02116 a Buyer's
or Seller's Market?
📍 Back Bay, Massachusetts
88
🔥 HOT
Seller's market — move fast
9 avg days on market · Property tax ~1.14%/yr
Mortgage Breakdown — ZIP 02116
Median Price$1,350,000
20% Down$270,000
Loan Amount$1,080,000
P&I (~6.7%)$6,969/mo
Property Tax$1,282/mo
Total PITI$8,813/mo
Income Needed$293,766/yr
Educational purposes only. Market data estimated. Not financial advice.