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Somerville

Why you'd want to live in Somerville

Somerville is a bustling and eclectic city known for its diverse population, artsy vibe, and thriving culinary scene. The city is home to vibrant neighborhoods like Davis Square and Union Square, which offer an array of unique shops, restaurants, and entertainment options. Somerville hosts numerous community events and festivals, such as the annual ArtBeat and Fluff Festival, which celebrate the city's creative spirit. The area's extensive bike paths, parks, and green spaces provide plenty of opportunities for outdoor activities, making Somerville an attractive place to live.

Somerville Market Report

$1,531,118

AVERAGE PRICE OF 150 HOMES

$1,289,359

AVERAGE PRICE OF 16 DISTRESSED HOMES

$2,049,016

AVERAGE PRICE OF 91 MULTI-MILLION DOLLAR HOMES

$1,685,291

AVERAGE PRICE OF 21 NEWLY BUILT HOMES

$1,029,633

AVERAGE PRICE OF 3 HOMES WITH A POOL

$874,633

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $1,531,118
Avg Bedrooms 3.77 beds
Avg Bathrooms 2.7 baths

Average Price by Bedrooms

1 bedroom $678,393
2 bedrooms $804,336
3 bedrooms $1,253,220
4 bedrooms $1,281,074
5 bedrooms $1,739,700
Somerville Home Price Trends
  6/2025 5/2025 4/2025 3/2025 2/2025
Total Listings 160 157 146 119 83
Average Price $1,445,304 $1,428,696 $1,419,423 $1,584,123 $1,708,599
Avg Price Change +1.16% +0.65% -11.60% -7.86% +10.28%
Median Price $1,218,816 $1,188,621 $1,098,594 $1,285,200 $1,307,750
Med Price Change +2.54% +8.19% -16.99% -1.75% +8.06%
Avg Bedrooms 3.68 beds 3.63 beds 3.69 beds 3.92 beds 5.02 beds
Avg Bathrooms 2.68 baths 2.71 baths 2.84 baths 2.97 baths 5.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Somerville High 6 $1,911,800 69 days
Total Homes Average Price Avg Days on Site
All Homes 150 $1,531,118 52 days
Distressed Homes 16 $1,289,359 38 days
Multi-Million Dollar Homes 91 $2,049,016 48 days
Newly Built Homes 21 $1,685,291 48 days
Homes with a Pool 3 $1,029,633 30 days
Reduced Price Homes 6 $874,633 80 days

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Cambridge Realty Group
205A Washington St
Somerville, MA 02143
617-661-6000

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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