All Home Types
Somerville, MA Housing Market
What is the housing market like in Somerville today?
In October 2024, Somerville home prices were up 1.9% compared to last year, selling for a median price of $1.0M. On average, homes in Somerville sell after 16 days on the market compared to 21 days last year. There were 49 homes sold in October this year, down from 50 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,025,000
+1.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Somerville, MA
$1,025,000
+1.9%
United States
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Somerville Migration & Relocation Trends
In Aug '24 - Oct '24, 19% of Somerville homebuyers searched to move out of Somerville, while 81% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Somerville from outside metros.
- New York homebuyers searched to move into Somerville more than any other metro followed by Hartford and Philadelphia.
Where are people moving to Somerville from?
- 81% of Somerville homebuyers searched to stay within the Somerville metropolitan area.
- Portland was the most popular destination among Somerville homebuyers followed by Lebanon and Miami.
Where are people from Somerville moving to?
Number of People Moving to Somerville
least
most
People are moving to Somerville from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 4,110 | ||
| 2 | 2,067 | ||
| 3 | 1,231 | ||
| 4 | 627 | ||
| 5 | 565 | ||
| 6 | 411 | ||
| 7 | 359 | ||
| 8 | 355 | ||
| 9 | 135 | ||
| 10 | 90 | ||
People are leaving Somerville for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 4,879 | ||
| 2 | 2,004 | ||
| 3 | 1,158 | ||
| 4 | 732 | ||
| 5 | 676 | ||
| 6 | 656 | ||
| 7 | 583 | ||
| 8 | 529 | ||
| 9 | 497 | ||
| 10 | 462 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Somerville.
Provided by First Street Foundation
Transportation in Somerville
Learn about the walkability, bikeability, and transit-friendliness of Somerville
Very Walkable
Walk Score®
Good Transit
Transit Score®
Very Bikeable
Bike Score®
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