It’s officially a million-dollar market.
Greater Boston’s median home price for single-family houses just hit $1,000,000 for the first time, pricing out thousands of families in a city where the median household income is just under $95K.
📈 Despite slower sales, prices aren’t dropping
🏠 A typical condo now costs $725,000
💸 Half of renters already spend 30%+ of income on rent
👀 And buying a home means putting down $200K upfront
Advocates say Boston is becoming a city only for the wealthy, and the rest are being pushed out.
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Media via Pexels
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