How much does it cost to buy a house in Somerville, MA?

In May 2026 Somerville homes were listed to buy for a median price of $895K, which is a 10% decrease to April 2025 last month, and a 10% decrease to May 2025 last year. The median value of a home listed to buy in Somerville in May 2026 was $682 per sqft, which is a 2% decrease to April 2025 last month, and a 1% decrease to May 2025 last year.

Is it affordable or expensive to live in Somerville, MA?

It is expensive to live in Somerville. Buying a home in Somerville is 2% more expensive compared with the national average.

Is it a good time to buy property in Somerville, MA?

Yes now is a good time to buy property in Somerville, in May 2026, homes in Somerville have decreased in value (price per sqft) by 1% in the last year compared with May 2025.

Is the Somerville, MA housing market slowing down?

In May 2026, homes to buy in Somerville spent an median 32 days on the market, a same May 2025 last year.

What are the best and safest places to live in Somerville, MA?

The best and safest neighborhoods to live in Somerville in May 2026 are Fenway - Kenmore, Kendall Square, Beacon Hill, West Cambridge, Downtown Boston, Seaport District, Back Bay, Cambridgeport, Coolidge Corner, Porter Square, South End, Davis Square, Waterfront, East Somerville, North End, Ten Hills, Lawrence Estates, Marina Bay, West Revere, West Peabody

How much money should I make to buy a house in Somerville, MA?

In May 2026, Somerville homes were listed to buy for a median price of $895K, with 25% down you would need $5.08K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $174K.

Is it a good time to sell my house in Somerville, MA?

Yes now is a good time to sell your house in Somerville, in May 2026, homes in Somerville have decreased in value (price per sqft) by 1% in the last year compared with May 2025.