Boston's Back Bay is located in the heart of the city

When shopping for a new home, consider real estate in Boston, MA. The greater metro area has several influential neighborhoods with available property, and if you are interested in a residential neighborhood perfect for raising a family, you may enjoy Boston's Back Bay.

This area of the city features many cultural and entertainment opportunities, with the Boston Public Library, Trinity Church and the wide variety of shops and eateries on Newbury Street all located within the one-square mile neighborhood. According to Boston.com, the area's median home price is approximately $745,500, and homeowners may be interested in the Victorian brownstones and larger complexes located between luxurious offices and local shops.

Prospective homebuyers may be able to find the property of their dreams by entering the housing market today. With national mortgage rates still relatively low and inventory levels at 24,764 in the Greater Boston area, according to the Department of Numbers, it's a good time to buy a property in the Hub. Back Bay has traditionally held its own in the marketplace, and if affordable housing is available to you, investing in a brownstone just minutes from downtown may be worthwhile.