Somerville, MA—02145
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$841,000
0.7% YoY Growth
Household Income
$119,000
57.3% YoY Growth
Days on Market
25
17.0% Shorter YoY
Home Price Forecast
0.4%
Median Rent
$3,300
1.2% YoY Growth
1-Bed Rent
$3,000
1.3% YoY Growth
2-Bed Rent
$3,500
7.2% YoY Growth
3-Bed Rent
$3,580
4.3% YoY Growth
Home Price Trends — Somerville, MA
As of May '26, the median home price in Somerville, MA is $841,000, with a year-over-year change of 0.7%. This indicates that home prices in Somerville, MA are flat. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $841,000 | 0.7% |
| Single Family | $999,000 | -1.1% |
| Condos | $723,000 | 0.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |