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Somerville

Why you'd want to live in Somerville

Somerville is a vibrant city located just north of Boston that has gained popularity due to its eclectic neighborhoods and artistic vibe. Known for its strong sense of community and local initiatives, Somerville hosts numerous events throughout the year that celebrate art, music, and culture. The city is home to several parks and green spaces such as Davis Square and Assembly Row, which offer recreational opportunities as well as shopping and dining options. Somerville also has a burgeoning food scene with a variety of eateries ranging from trendy cafes to established restaurants that cater to diverse tastes. Its proximity to Boston makes it an attractive option for those who work or study in the larger city while still enjoying a more relaxed suburban feel. Furthermore, Somerville has been recognized for its commitment to sustainability and innovation in urban planning. This combination of community engagement, cultural richness, and accessibility makes living in Somerville appealing for many residents.

Somerville Market Report

$1,427,011

AVERAGE PRICE OF 156 HOMES

$1,180,252

AVERAGE PRICE OF 25 DISTRESSED HOMES

$1,912,267

AVERAGE PRICE OF 92 MULTI-MILLION DOLLAR HOMES

$1,334,881

AVERAGE PRICE OF 16 NEWLY BUILT HOMES

$1,492,000

AVERAGE PRICE OF 2 HOMES WITH A POOL

$1,761,994

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $1,427,011
Avg Bedrooms 3.58 beds
Avg Bathrooms 2.65 baths

Average Price by Bedrooms

1 bedroom $631,450
2 bedrooms $834,976
3 bedrooms $1,253,930
4 bedrooms $1,317,765
5 bedrooms $1,555,127
Somerville Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 157 146 119 83 73
Average Price $1,428,696 $1,419,423 $1,584,123 $1,708,599 $1,549,387
Avg Price Change +0.65% -11.60% -7.86% +10.28% +2.16%
Median Price $1,188,621 $1,098,594 $1,285,200 $1,307,750 $1,210,155
Med Price Change +8.19% -16.99% -1.75% +8.06% -1.78%
Avg Bedrooms 3.63 beds 3.69 beds 3.92 beds 5.02 beds 4.68 beds
Avg Bathrooms 2.71 baths 2.84 baths 2.97 baths 5.29 baths 5.31 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Somerville High 9 $1,577,989 47 days
Total Homes Average Price Avg Days on Site
All Homes 156 $1,427,011 43 days
Distressed Homes 25 $1,180,252 33 days
Multi-Million Dollar Homes 92 $1,912,267 41 days
Newly Built Homes 16 $1,334,881 51 days
Homes with a Pool 2 $1,492,000 38 days
Reduced Price Homes 17 $1,761,994 58 days

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Metropolitan Boston Real Estate
Michael Albano
490 Broadway, Suite 1
Somerville, MA 02145
617-425-6300

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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