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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

$1,586,471

AVERAGE PRICE OF 119 HOMES

$1,411,305

AVERAGE PRICE OF 19 DISTRESSED HOMES

$2,023,973

AVERAGE PRICE OF 78 MULTI-MILLION DOLLAR HOMES

$1,426,271

AVERAGE PRICE OF 7 NEWLY BUILT HOMES

$2,279,900

AVERAGE PRICE OF 1 HOMES WITH A POOL

$1,938,133

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $1,586,471
Avg Bedrooms 3.91 beds
Avg Bathrooms 2.97 baths

Average Price by Bedrooms

1 bedroom $761,557
2 bedrooms $905,123
3 bedrooms $1,107,457
4 bedrooms $1,630,190
5 bedrooms $2,076,700
Somerville Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 83 73 95 137 165
Average Price $1,708,599 $1,549,387 $1,516,577 $1,464,511 $1,449,247
Avg Price Change +10.28% +2.16% +3.56% +1.05% -8.15%
Median Price $1,307,750 $1,210,155 $1,231,648 $1,188,850 $1,184,562
Med Price Change +8.06% -1.78% +3.60% +0.36% -1.70%
Avg Bedrooms 5.02 beds 4.68 beds 4.29 beds 4.05 beds 4 beds
Avg Bathrooms 5.29 baths 5.31 baths 4.55 baths 3.97 baths 3.79 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Somerville High 13 $1,474,731 49 days
Total Homes Average Price Avg Days on Site
All Homes 119 $1,586,471 45 days
Distressed Homes 19 $1,411,305 31 days
Multi-Million Dollar Homes 78 $2,023,973 47 days
Newly Built Homes 7 $1,426,271 28 days
Homes with a Pool 1 $2,279,900 50 days
Reduced Price Homes 6 $1,938,133 51 days

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