
10 Avon St Apt 16
Somerville, MA 02143
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Featured local agent — Somerville, MA
Compass Real Estate · Somerville, MA
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Housing market overview · Updated monthly ·
$1.08Mmedian sale price
The median home sale price in Somerville, MA is $1.08M, up 6.7% year-over-year. Homes sell in an average of 20 days with 185 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Somerville, MA is currently a seller's market, based on 3.3 months of supply and homes selling in about 20 days. How we determine this →
Homes sold
56
Last 12 weeks
Days on market
20
Fast-moving
Active listings
185
3.3 months supply
Sale-to-list
101.2%
Above asking
| Metric | Value |
|---|---|
| Median sale price | $1.08M |
| Median list price | $1.15M |
| Year-over-year price change | +6.7% |
| Average days on market | 20 days |
| Active inventory | 185 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 101.2% |
| Median price per sq ft | $724/sq ft |
| Homes sold (latest month) | 56 |
| New listings (latest month) | 104 |
| Listings with a price cut | 32.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How the Somerville, MA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.70M | $688/sq ft | 5 | 27 days |
| Condo / Co-op | $960,000 | $779/sq ft | 39 | 20 days |
| Townhouse | $2.01M | $755/sq ft | 2 | 8 days |
Source: Redfin · Updated monthly
The Somerville housing market is currently classified as a seller's market with a median sale price of $1.08M. Prices have risen 6.7% compared to last year, with homes spending an average of 20 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.4x provides context for how home values compare to local earning capacity.
There are currently 185 homes listed for sale in Somerville, Massachusetts. The median listing price is $1.1M. Featured listings range from $485,000 to $1,749,000.

Somerville, MA 02143

Somerville, MA 02143

Somerville, MA 02145

Somerville, MA 02143

Somerville, MA 02144

Somerville, MA 02143

Somerville, MA 02145

Somerville, MA 02144

Somerville, MA 02143

Somerville, MA 02143

Somerville, MA 02144

Somerville, MA 02145
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Active listings
185
Homes on market
Median list price
$1.1M
Avg. days on market
20
Days until sale
New this week
104
Newly listed
Population
80,549
Median income
$127,056/yr
Median age
32.3 years
Owner-occupied
34.3%
College grads
68.0%
Avg commute
30.7 min
Source: U.S. Census Bureau ACS
Zillow home value
$941,330
Zillow rent index
$3,589/mo
Price-to-rent ratio
21.9x
Price-to-income
7.4x
Source: Zillow Research
Somerville is a community of approximately 81K residents with a median age of 32.3 years.The median household income is $127,056, which reflects a relatively affluent area with strong earning potential. 68.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 34.3%, showing a blend of owner and renter-occupied properties. The average commute time is 30.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Somerville offers a balanced lifestyle with accessible home values relative to local income levels.
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
E Somerville Community
Grades PK-8 · 743 students
Albert F. Argenziano School at Lincoln Park
Grades PK-8 · 564 students
Arthur D Healey
Grades PK-8 · 486 students
John F Kennedy
Grades PK-8 · 448 students
Winter Hill Community
Grades PK-8 · 403 students
West Somerville Neighborhood
Grades PK-8 · 378 students
Capuano Early Childhood Center
Grades PK-K · 230 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Want a head-to-head view? Compare Somerville side-by-side with any other U.S. city using our market-comparison tool.
For investors evaluating Somerville, the price-to-rent ratio of 21.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 6.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Somerville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Somerville's median home price.
The median home sale price in Somerville is $1.08M, up 6.7% from last year.
Homes typically spend 20 days on market before going under contract.
The median household income is $127,056 per year.
With 3.3 months of supply, Somerville is currently a seller's market.
There are currently 185 homes listed for sale in Somerville, MA.
The Zillow Home Value Index (ZHVI) for Somerville is $941,330, representing the typical home value in the area.
The median condo/co-op sale price in Somerville, MA is $960,000, compared to $1.70M for a single-family home, based on the latest Redfin data.
The median single-family home price in Somerville, MA is $1.70M (about $688 per square foot).
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