Median Price
$1,015,000
$660/sqft
Schools
5.7/10
Average
Appreciation
5.2/10
Growth Potential
Commute
28 min
to Boston
Live Market Snapshot
Loading…Recently Sold in Somerville
View all 8 sales$0
Curated Median
8
Total Sales on Record
$0–0
Price Range
Well Over Median
5bd3ba2,290 sqft
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Well Over Median
5bd2ba1,733 sqft
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Well Over Median
3bd2ba2,926 sqft
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Well Over Median
4bd3ba2,481 sqft
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Well Over Median
3bd2ba2,926 sqft
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Well Over Median
4bd3ba2,481 sqft
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What Drives Prices in Somerville
Full breakdownDecomposition of the $1,015,000 median price into its underlying components.
Land Value$202,201 (20%)
Structure & Quality$808,806 (80%)
School Premium-$30,330 (-3%)
Access & Commute Premium$147,101 (15%)
Prestige & Stability Premium-$112,778 (-11%)
560
School Value Score
760
Overall Value Score
The Somerville Vibe
Hip artists, young families, and excellent Portuguese food
Hip, artistic community with emerging neighborhoods, great restaurants, and strong growth potential
Highlights
🚇 Green Line Extension opened recently
🍕 Best pizza and brunch scene
🎭 Thriving arts and music scene
📈 Property values rising fast
Who It's For
✓ Great for
- •Young professionals
- •Artists and creatives
- •First-time buyers
- •Growth investment
⚠ Consider elsewhere if
- •You need parking
- •You want suburban quiet
- •You hate gentrification
Demographics
Population81,360
Median Age32.5
Median Household Income$106,892
Work from Home24.8%
Professional Sector68.8%
Insider Tips
- 1.Union Square is gentrifying rapidly
- 2.Davis Square is peak millennial culture
- 3.Assembly Row is corporate but convenient