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Albion Central Hill East Somerville Magoun Square Mystic River Powderhouse/Powder House Sommerville South Medford Ten Hills Winter Hill

SOMERVILLE, MA 02145

Real Estate Market Report  ·  Middlesex County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 02145

Albion · Central Hill · East Somerville · Magoun Square · Mystic River · Powderhouse/Powder House · Sommerville · South Medford · Ten Hills · Winter Hill

Market Analysis

Data as of March 2026. Source: Realtor.com.

The SOMERVILLE, MA real estate market (02145) currently shows 31 active listings, with 5 pending sales. Homes are averaging 13 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are selling faster, averaging 13 days on market compared to 24 days last year.

The median listing price has fallen 7.3% year-over-year, from $887,000 to $822,000.

Whether you are buying or selling in SOMERVILLE, MA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 27,692  ·  Density: 7,688.2/mi²  ·  Median household income: $113,469

Typical home value: $785,337  ·  Homeownership: 33.9%

Market Overview

Active Listings
31
⇧ 63.2% vs 19 last year
Pending
5
16% pending ratio
Median Price
$822,000
⇩ 7.3% vs $887,000 last year
Average Price
$847,312
⇩ 14.1% vs $986,822 last year
Days on Market
13
⇩ 45.8% vs 24 days last year

Price Per Square Foot

Median $/sqft
$704
⇧ 1.6% vs $693/sqft last year
Median Home Size
1,209 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 31 this year vs 19 last year
  • Days on market: 13 now vs 24 last year

Median & Average Pricing

Year over Year
  • Median: $822,000 (-7.3% YoY)
  • Average: $847,312 (-14.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 3.7 miles — 297 listings ($482,996,060 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02145Somerville, MA 021450.0 mi18$18,285,876$934,000$1,015,882
02141Cambridge, MA 021411.5 mi33$31,966,473$948,250$968,681
02144Somerville, MA 021441.8 mi16$20,704,224$1,304,725$1,294,014
02142Cambridge, MA 021422.0 mi3$5,820,750$1,583,750$1,940,250
02140Cambridge, MA 021402.2 mi12$13,936,116$920,750$1,161,343
02155Medford, MA 021552.4 mi53$45,957,307$870,000$867,119
02113Boston, MA 021132.5 mi16$24,558,640$1,399,000$1,534,915
02108Boston, MA 021082.7 mi26$138,181,966$5,535,000$5,314,691
02150Chelsea, MA 021502.9 mi19$8,782,845$470,000$462,255
02134Allston, MA 021343.1 mi22$14,314,124$554,500$650,642
02148Malden, MA 021483.1 mi14$8,651,020$572,147$617,930
02111Boston, MA 021113.2 mi29$55,012,739$1,198,000$1,896,991
02446Brookline, MA 024463.7 mi36$96,823,980$2,118,500$2,689,555

Frequently Asked Questions

How many homes are for sale in SOMERVILLE, MA 02145?

As of March 2026, there are 31 active listings in SOMERVILLE, MA (zip code 02145), compared to 19 the prior year.

What is the median home price in SOMERVILLE, MA 02145?

The median listing price in SOMERVILLE, MA 02145 is $822,000 as of March 2026, a 7.3% decrease from $887,000 the prior year.

How long do homes stay on the market in SOMERVILLE, MA?

Homes in SOMERVILLE, MA 02145 spend an average of 13 days on the market before going under contract, compared to 24 days the prior year.

Is it a seller's or buyer's market in SOMERVILLE, MA 02145?

Based on current inventory and days-on-market data as of March 2026, SOMERVILLE, MA 02145 is currently a Balanced Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are selling faster, averaging 13 days on market compared to 24 days last year.

How much can I save on real estate commission in SOMERVILLE, MA?

With SELL123.com's maximum 3% commission, sellers in SOMERVILLE, MA 02145 save an estimated $16,440 compared to a typical 5% commission on the median listing price of $822,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.