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Sarah Mitchell

CNESRESABR

Compass Real Estate · Somerville, MA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Somerville, MA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Somerville, MA Housing Market & Real Estate

Seller's market+6.7% YoY

Housing market overview · Updated monthly ·

$1.08Mmedian sale price

How is the Somerville, MA housing market right now?

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.)

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

Seller's market3.3 months of supply20 avg. days on market

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

What does the Somerville housing market data show?

Current housing market statistics for Somerville, MA
MetricValue
Median sale price$1.08M
Median list price$1.15M
Year-over-year price change+6.7%
Average days on market20 days
Active inventory185 listings
Months of supply3.3 months
Sale-to-list price ratio101.2%
Median price per sq ft$724/sq ft
Homes sold (latest month)56
New listings (latest month)104
Listings with a price cut32.4%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Somerville by property type?

How the Somerville, MA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Somerville, MA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.70M$688/sq ft527 days
Condo / Co-op$960,000$779/sq ft3920 days
Townhouse$2.01M$755/sq ft28 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.

Homes for sale in Somerville

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.

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$752/ft²
Condo
View photos & details
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$771/ft²
Condo
View photos & details
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$713/ft²
Condo
View photos & details
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$745/ft²
Condo2,532 sqft lot
View photos & details
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$858/ft²
Condo7,125 sqft lot
View photos & details
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$515/ft²
Condo
View photos & details
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$553/ft²
Condo3,056 sqft lot
View photos & details
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$808/ft²
Condo
View photos & details
3 bedroom condo for sale at 14 Hamlet St Unit B Somerville 02143 - $1,195,000
New Build
20
$1,195,000

14 Hamlet St Unit B

Somerville, MA 02143

3 bd2 ba1,568 sqft$762/ft²
Condo
View photos & details
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$477/ft²
Multi-family2,614 sqft lot
View photos & details
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$453/ft²
Multi-family3,280 sqft lot
View photos & details
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$561/ft²
Multi-family4,550 sqft lot
View photos & details

Looking to buy in Somerville?

Get connected with a local real estate expert — free, no obligation.

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

Price drops:32.4%of listings
Sale-to-list:101.2%

Who lives in Somerville?

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

What are homes worth in Somerville?

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

What is it like to live in Somerville?

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.

Which public schools serve 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.

Which cities are near Somerville, MA?

Want a head-to-head view? Compare Somerville side-by-side with any other U.S. city using our market-comparison tool.

Which ZIP codes are in Somerville?

Is Somerville a good real estate investment market?

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.

Frequently asked questions

What is the average home price in Somerville?

The median home sale price in Somerville is $1.08M, up 6.7% from last year.

How long do homes stay on market in Somerville?

Homes typically spend 20 days on market before going under contract.

What is the median income in Somerville?

The median household income is $127,056 per year.

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

With 3.3 months of supply, Somerville is currently a seller's market.

How many homes are for sale in Somerville?

There are currently 185 homes listed for sale in Somerville, MA.

What is the Zillow home value estimate for Somerville?

The Zillow Home Value Index (ZHVI) for Somerville is $941,330, representing the typical home value in the area.

What is the median condo price in Somerville?

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.

How much does a single-family home cost in Somerville?

The median single-family home price in Somerville, MA is $1.70M (about $688 per square foot).

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