Charlestown MA 5-Year Housing Forecast & Market Insights (2025–2029)
- Amanda George
- Sep 2
- 2 min read
By: Amanda George, Realtor, George Group Boston | Charlestown MA 5-Year Housing Forecast & Market Insights
Charlestown is one of Boston’s most historic and desirable neighborhoods, offering cobblestone streets, waterfront parks, and a mix of historic rowhouses and luxury condos. In this Charlestown MA 5-Year Housing Forecast, we’ll explore current market dynamics and look ahead to 2029 to see how the neighborhood is expected to perform for buyers, sellers, and investors.
Why Choose Charlestown MA?
Charlestown offers:
Historic charm with rowhouses, brownstones, and the Navy Yard.
Easy access to downtown Boston by car, ferry, and train.
Local attractions like the Bunker Hill Monument and USS Constitution Museum.
A strong sense of community combined with modern amenities.
The Charlestown real estate market is particularly attractive to professionals and families who want proximity to Boston’s core with a neighborhood feel.
Year-Over-Year Market Forecast (2025–2029)
Charlestown is expected to see steady appreciation across all property types, driven by historic character, waterfront appeal, and strong demand.
Year | Projected Growth |
2025 | 3.7% |
2026 | 3.9% |
2027 | 4.1% |
2028 | 4.3% |
2029 | 4.5% |
Key Insight: Over the five-year span, the Charlestown MA 5-Year Housing Forecast projects 18%–20% cumulative growth in home values, with multi-family properties expected to outperform due to strong rental demand.
What’s Changing in Charlestown?
Waterfront Development: Luxury condos in the Navy Yard continue to attract buyers.
Transit Demand: Ferry service and MBTA options drive interest from downtown commuters.
Preservation: Historic zoning keeps supply limited, protecting long-term value.
Rental Market: Steady demand from professionals, students, and young families.
Smart Tips for Buyers, Sellers & Investors
Buyers:Act quickly on homes near Monument Square or the Navy Yard. Limited inventory means competition is high.
Sellers:Highlight historic features and neighborhood amenities. Homes in Charlestown regularly sell above asking when properly staged.
Investors:Multi-family homes and condos near ferry and MBTA routes continue to yield strong rental returns.
Thinking of Buying or Selling in Charlestown MA?
The Charlestown MA 5-Year Housing Forecast shows steady growth, strong demand, and excellent long-term potential. Whether you’re buying your first condo, selling a historic rowhouse, or investing in a multi-family, Charlestown remains one of Boston’s most rewarding real estate markets, and Amanda & Gerard George are here to help you.
📞 Ready to plan your next move in Charlestown MA?
Let’s connect: amanda@georgegroupboston.com | www.georgegroupboston.com
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