Somerville Market Overview
As of August 2026, the Somerville, MA housing market has a median list price of $962K across 157 active listings. Homes are listed at an average of $765 per square foot.
Balanced market with fair conditions for both buyers and sellers. 2.5 months of supply indicates equilibrium. Homes are selling close to asking price.
Year over year, the median price is down about 2.3%. With 2.5 months of supply, Somerville currently has a tight, low-inventory market that favors sellers.
Frequently Asked Questions
What is the median home price in Somerville, MA?
The current median list price in Somerville is $962K. Prices vary by neighborhood, home size, and condition.
How fast do homes sell in Somerville?
Homes in Somerville sell in about 73 days on average, closing at roughly 100.4% of asking price.
Is Somerville a buyer's or seller's market?
Somerville is currently a balanced market, with about 2.5 months of housing supply.
How often is this Somerville market data updated?
These figures are pulled from live MLS data and refreshed monthly. Last updated August 2026.
