Somerville, MA Housing Market & Real Estate

Seller's market-0.2% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Somerville, MA is $1.01M, down 0.2% year-over-year. Homes sell in an average of 46 days with 68 active listings. The market is currently a seller's market.

$1.01Mmedian sale price

Is Somerville a buyer's or seller's market?

Seller's market2.0 months of supply46 avg. days on market

Somerville, MA is currently a seller's market, based on 2.0 months of supply and homes selling in about 46 days. How we determine this →

Homes sold

34

Last 12 weeks

Days on market

46

Average pace

Active listings

68

2.0 months supply

Sale-to-list

100.1%

Above asking

Somerville, MA market data

Current housing market statistics for Somerville, MA
MetricValue
Median sale price$1.01M
Median list price$999,999
Year-over-year price change-0.2%
Average days on market46 days
Active inventory68 listings
Months of supply2.0 months
Sale-to-list price ratio100.1%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Somerville housing market is currently classified as a seller's market with a median sale price of $1.01M. Prices have fallen 0.2% compared to last year, with homes spending an average of 46 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Somerville

There are currently 68 homes listed for sale in Somerville, Massachusetts. The median listing price is $1000K. Featured listings range from $485,000 to $1,749,000.

2 bedroom condo for sale at 10 Avon St Apt 16 Somerville 02143 - $485,000
New listing
15
$485,000

10 Avon St Apt 16

Somerville, MA 02143

2 bd1 ba645 sqft
Condo
Est. $475K
More about this property
2 bedroom condo for sale at 373 Somerville Ave Apt D Somerville 02143 - $589,000
New listing
28
$589,000

373 Somerville Ave Apt D

Somerville, MA 02143

2 bd1 ba764 sqft
Condo
Est. $625KSold 2011 for $265K
More about this property
2 bedroom condo for sale at 39 Bond St Unit 37 Somerville 02145 - $649,000
New listing
22
$649,000

39 Bond St Unit 37

Somerville, MA 02145

2 bd2 ba910 sqft
Condo
More about this property
2 bedroom condo for sale at 101 Prospect St Unit 2 Somerville 02143 - $745,000
New listing
12
$745,000

101 Prospect St Unit 2

Somerville, MA 02143

2 bd1 ba1,000 sqft
Condo2,532 sqft lot
Est. $732KSold 2012 for $339K
More about this property
2 bedroom condo for sale at 9 Kidder Ave Unit 2 Somerville 02144 - $799,900
New listing
27
$799,900

9 Kidder Ave Unit 2

Somerville, MA 02144

2 bd2 ba932 sqft
Condo7,125 sqft lot
More about this property
2 bedroom condo for sale at 23 Park St Unit 2 Somerville 02143 - $899,000
New listing
17
$899,000

23 Park St Unit 2

Somerville, MA 02143

2 bd2 ba1,746 sqft
Condo
Est. $1.1M
More about this property
3 bedroom condo for sale at 41A Sargent Ave Unit 2 Somerville 02145 - $999,000
New listing
26
$999,000

41A Sargent Ave Unit 2

Somerville, MA 02145

3 bd3 ba1,806 sqft
Condo3,056 sqft lot
More about this property
3 bedroom condo for sale at 29B Prichard Ave Unit 2 Somerville 02144 - $999,900
New listing
41
$999,900

29B Prichard Ave Unit 2

Somerville, MA 02144

3 bd2 ba1,238 sqft
Condo
More about this property
3 bedroom condo for sale at 14 Hamlet St Unit B Somerville 02143 - $1,195,000
New listingNew build
20
$1,195,000

14 Hamlet St Unit B

Somerville, MA 02143

3 bd2 ba1,568 sqft
Condo
More about this property
8 bedroom multi-family for sale at 34 Summer St Somerville 02143 - $1,595,000
New listing
29
$1,595,000

34 Summer St

Somerville, MA 02143

8 bd3 ba3,341 sqft
Multi-family2,614 sqft lot
Est. $1.3MSold 2011 for $435K
More about this property
9 bedroom multi-family for sale at 34 Belknap St Somerville 02144 - $1,699,000
New listing
15
$1,699,000

34 Belknap St

Somerville, MA 02144

9 bd3 ba3,749 sqft
Multi-family3,280 sqft lot
Sold 1998 for $362K
More about this property
9 bedroom multi-family for sale at 148 Pearl St Somerville 02145 - $1,749,000
New listing
20
$1,749,000

148 Pearl St

Somerville, MA 02145

9 bd4 ba3,115 sqft
Multi-family4,550 sqft lot
Sold 1990 for $78K
More about this property

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Active listings

68

Homes on market

Median list price

$1000K

Avg. days on market

46

Days until sale

New this week

37

Newly listed

Price drops:16.2%of listings
Sale-to-list:100.1%

Top public schools in Somerville

11 schools tracked · 4,927 students

The largest public schools serving Somerville, MA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Somerville High

Grades 9-12 · 1,373 students

Public

E Somerville Community

Grades PK-8 · 743 students

Public

Albert F. Argenziano School at Lincoln Park

Grades PK-8 · 564 students

Public

Arthur D Healey

Grades PK-8 · 486 students

Public

John F Kennedy

Grades PK-8 · 448 students

Public

Winter Hill Community

Grades PK-8 · 403 students

Public

West Somerville Neighborhood

Grades PK-8 · 378 students

Public

Capuano Early Childhood Center

Grades PK-K · 230 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in MA

Frequently asked questions

What is the average home price in Somerville?

The median home sale price in Somerville is $1.01M, down 0.2% from last year.

How long do homes stay on market in Somerville?

Homes typically spend 46 days on market before going under contract.

Is Somerville a buyer's or seller's market?

With 2.0 months of supply, Somerville is currently a seller's market.

How many homes are for sale in Somerville?

There are currently 68 homes listed for sale in Somerville, MA.

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