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Somerville, MA

Full City Profile · Massachusetts · Suffolk County County

3.4 /5.0
B Good
80,549 Population 19,551/sq mi density
$127,056 Median Income $70,880 per capita
$899,400 Home Value $914,966 Zillow
$2,468 Median Rent 25.2% income on rent
52°F Avg Temperature 264 sunny days/yr
203 Violent Crime/100K 1,255 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$127,056 median income, 2.3% unemployment
C+
Affordability
2.7 / 5.0
$899,400 home value, $2,468/mo rent
F
Safety
1.0 / 5.0
203 violent crimes/100K
A+
Education
5.0 / 5.0
68.0% bachelor's degree or higher

Housing Overview

Median Home Value
$899,400
219% above
US avg: $281,900
Median Rent
$2,468/mo
112% above
US avg: $1,163/mo
Homeownership Rate
34.3%
48% below US avg (65.4%)
Total Housing Units
37,054
Median year built: 1938

Home Value by Source

Census Median
$899,400
Zillow (ZHVI)
$914,966
Median Sale Price
$1,008,250
Median List Price
$999,999
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

34.3%
Owner-Occupied
65.7%
Renter-Occupied
34%
66%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,727/mo
1 Bedroom
$1,822/mo
2 Bedroom
$2,300/mo
3 Bedroom
$2,858/mo
4 Bedroom
$3,232/mo
Census median rent: $2,468/mo · Zillow rent: $3,322/mo

Market Indicators (Redfin)

Median Days on Market
46 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
34
Price Drops
16.2%
of listings with price reduction
Price Per Sq Ft
$662
Active Inventory
68
homes for sale

Affordability & Housing Stock

Rent Burden
25.2%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
34.3%

Complete Housing Data

Home Values

Census Median Value$899,400
Zillow Home Value (ZHVI)$914,966
Median Sale Price$1,008,250
Median List Price$999,999
Price Per Sq Ft$662

Rent

Census Median Rent$2,468
Zillow Rent (ZORI)$3,322
FMR Studio$1,727
FMR 1-Bedroom$1,822
FMR 2-Bedroom$2,300
FMR 3-Bedroom$2,858
FMR 4-Bedroom$3,232

Market

Days on Market46
Sale-to-List Ratio1.0%
Price Drops16.2%
Homes Sold34
Active Inventory68
Price Per Sq Ft$662

Ownership & Stock

Owner-Occupied34.3%
Renter-Occupied65.7%
Homeownership Rate34.3%
Total Housing Units37,054
Median Year Built1938
Rent Burden25.2%