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Is the Pru Worth 500 of Other Boston Neighborhood Homes?

See how the average property value in your zip code stacks up against other sections of the city.

When people cross they sky bridge between Huntington Ave. and Ring Road, they enter not just the Prudential Center, but one of the city's most valuable zip codes.

The Pru itself could fetch $303 million on the open market, according to the city's most recent assessment, but the tiny Back Bay area—just a single block bounded by Huntington Avenue on the south and Boylston Street on the north—contains a total of 37 properties that have been assessed to fetch a total of about $425 million. Excluding the Pru, the average address in the 02199 zip code is worth $3.5 million.

With the glitzy businesses and gleaming towers that add to Back Bay's desierability, it shoudln't be a surprise to anyone familiar with Boston's real estate market - or even to those who aren't. But how does that compare to the price of the average property in other neighborhoods?

Even in the nearby glitz of Beacon Hill, you could trade one Pru address for two with 02108 zip codes.

In Charlestown, the price of just one of those comparatively inexpensive addresses could buy you almost six properties. The tower itself? That would fetch you about 500 properties—more, if you limit yourself to regular residential and commercial space.

On the other side of the city, in Jamaica Plain and West Roxbury, one of those 02199 addresses would fetch you eight and nine properties, respectively.

In total, the city contains 38 zip codes. On an average price-per-property basis, 02199 tops them all. Does that make you feel better about what you paid for your patch of land?

How does your neighborhood stack up?

ZIP

Average Property Value

02199

$11,497,326

02210

$4,073,085

02110

$4,046,056

02109

$2,144,787

02115

$2,122,758

02111

$2,092,558

02108

$1,834,630

02114

$1,630,477

02116

$1,609,095

02215

$1,511,922

02445

$875,661

02118

$817,931

02120

$808,115

02129

$605,652

02134

$598,734

02135

$550,709

02113

$532,741

02090

$492,500

02127

$463,793

02128

$460,031

02130

$431,526

02446

$391,264

02125

$390,057

02132

$379,767

02124

$349,097

02467

$336,207

02131

$332,351

02136

$321,891

02137

$320,950

02122

$304,854

02121

$300,670

02126

$271,978

02201

$217,000

Data taken from the City of Boston's financial year 2012 assessment.

Related Topics: Back Bay real estate and Boston Real Estate

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