Housing in Somerville, MA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$899,375
Median List Price
$1,150,000
Price Per Sq Ft
$840
Days on Market
41
Active Inventory
71
Months of Supply
2.4
Seller's market
Zillow Home Value
$910,193
ZHVI — January 2026
Zillow Rent Index
$3,127
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
30.0%
Off Market in 2 Weeks
43.8%
Sale-to-List Ratio
98.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
30
New Listings
37
Pending Sales
32
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$840
Median List $/SF
$698
Somerville vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 50,000 - 100,000 residents. Somerville is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$899,400
Median Rent
$2,468
Total Housing Units
37,583
Vacancy Rate
5.7%
Owner Occupied
34.3%
Renter Occupied
65.7%
Median Property Tax
$6,237
per year
Monthly Cost (w/ Mortgage)
$2,743
Housing Types
The current median sale price in Somerville, MA is $899,375 according to Redfin data. Homes spend a median of 41 days on the market. 30.0% of homes sold above asking price. The market has 2.4 months of supply. The median price per square foot is $840. Zillow's observed rent index is $3,127/month. About 34.3% of housing units are owner-occupied. The median year homes were built is 1938. There are 37,583 total housing units.