Housing Market in Somerville
Somerville's housing market runs genuinely expensive and genuinely dense, with multi-family housing stock predominating over single-family homes.
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Learn moreA real, expensive market
Somerville's median home value ran approximately $968,450, with a median sale price of approximately $952,000 per sources reviewed this pass -- genuinely above the national figure and consistent with Massachusetts's real statewide cost story.
Predominantly multi-family housing stock
Somerville's housing stock runs predominantly multi-family -- triple-deckers, condos, and multi-family conversions -- rather than single-family homes, a genuine structural difference from Newton's market.
Real, square-specific price variation
Prices and inventory vary meaningfully across Somerville's neighborhood squares, particularly near the Green Line Extension's new stations -- confirm current, address-specific comparables directly.
Key takeaways
- Somerville's median home value ran approximately $968,450 per sources reviewed this pass.
- Somerville's housing stock runs predominantly multi-family rather than single-family.
- Prices vary meaningfully by square, particularly near the Green Line Extension's new stations.
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