6 hours on Rocket
$10,000 Closing Credit¹
#73352487, Brian Quijada, Listing Office: EVO Real Estate Group, LLC
Somerville Housing Market Report March 2025•Middlesex County, Massachusetts
Housing Prices in Somerville, MA
How much do homes in Somerville, MA cost?
Housing Market Conditions
Is Somerville, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Somerville is a Seller's Market
Difference Since March 2024
Since last year, Somerville has remained a Seller's Market.
Insight
Somerville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$1,105,400$640/SqFt
+$81,400
+7.9%
Based on all homes sold in the last 12 months
Insight
Homes in Somerville have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in Somerville was $1,105,400 in March 2025, up 7.9% from last year, and the median price per square foot was $640.
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $595K | $597K | 0.3% |
| 22 Bedrooms | $785K | $830K | +5.7% |
| 33 Bedrooms | $1.1M | $1.1M | +1.7% |
| 44 Bedrooms | $1.3M | $1.3M | 0.0% |
| 55+ Bedrooms | $1.4M | $1.4M | +4.3% |
Summary: Somerville housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by 0.3%. The home price for 2 bedroom homes increased by +5.7%. The home price for 3 bedroom homes increased by +1.7%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes increased by +4.3%.
How does Somerville, MA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Somerville, MA
Housing supply in Somerville, MA
How many homes are available in Somerville, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 204Last MonthMar 2025 | ||
| 1472 months agoFeb 2025 | +38.8 % Change MoMFeb – Mar |
Summary: The Somerville real estate market had 204 homes for sale in Mar 2025, a 38.8 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 42Last MonthMar 2025 | ||
| 292 months agoFeb 2025 | +44.8 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 7 | 16 | +128.6% |
| 22 Bedrooms | 36 | 48 | +33.3% |
| 33 Bedrooms | 34 | 47 | +38.2% |
| 44 Bedrooms | 31 | 32 | +3.2% |
| 55+ Bedrooms | 39 | 61 | +56.4% |
Summary: Somerville housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +128.6%. The inventory for 2 bedroom homes increased by +33.3%. The inventory for 3 bedroom homes increased by +38.2%. The inventory for 4 bedroom homes increased by +3.2%. The inventory for 5 bedroom homes increased by +56.4%.
Asking Price vs. Sold Price
How much do homes in Somerville, MA cost?
Over Asking Price23 Homes
At Asking Price5 Homes
Under Asking Price14 Homes
Insight
If you're buying a home in Somerville, you could pay more than the asking price. 54.8% of homes here sold above asking price last month.
Summary: A total of 42 homes were sold or pending in Somerville in March 2025, up by 44.8% month-over-month. Of the 42 sold homes, 33% were sold under asking, 12% were sold at asking, and and 55% were sold over asking.
Days on Market for Somerville, MA
How long does it take to sell a home in Somerville, MA?
Breakdown of Home Sale Times
Under 30 Days29 Homes
30 – 90 Days4 Homes
Over 90 Days9 Homes
Insight
Many homes in Somerville are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 42 homes were sold in Somerville; 69% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 49 DaysThis YearMar 2025 | ||
| 33 Days1 year agoMar 2024 | +47.0 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Somerville had an average listing age of 49 days in Mar 2025, up by 47.0% compared to the previous year.
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Newest Listings in Somerville, MA
What homes are available in Somerville, MA?
6 hours on Rocket
$10,000 Closing Credit¹
#73352593, Danielle D'Ambrosio, Listing Office: The D'Ambrosio Group
9 hours on Rocket
$10,000 Closing Credit¹
#73353978, Alyssa Lum, Listing Office: EVO Real Estate Group, LLC
12 hours on Rocket
$8,894 Closing Credit¹
#73353613, Elizabeth Bolton, Listing Office: RE/MAX Real Estate Center
12 hours on Rocket
$8,609 Closing Credit¹
#73353529, Thalia Tringo, Listing Office: Thalia Tringo & Associates Real Estate, Inc.
12 hours on Rocket
$10,000 Closing Credit¹
#73352915, Jennifer Hamilton Bower, Listing Office: Keller Williams Realty
12 hours on Rocket
$10,000 Closing Credit¹
#73353604, Caroline Noonan Gould, Listing Office: Corcoran Property Advisors
12 hours on Rocket
$10,000 Closing Credit¹
#73353341, Amy Kirsch, Listing Office: Leading Edge Real Estate
12 hours on Rocket
$9,322 Closing Credit¹
#73353224, The Movement Group, Listing Office: Compass
12 hours on Rocket
$9,499 Closing Credit¹
#73352906, The Steve Bremis Team, Listing Office: Steve Bremis Realty Group
12 hours on Rocket
$8,182 Closing Credit¹
#73353544, Steve McKenna & The Home Advantage Team, Listing Office: Gibson Sotheby's International Realty
12 hours on Rocket
$8,764 Closing Credit¹
#73353245, Dino Confalone, Listing Office: Gibson Sotheby's International Realty
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 04/01/2023 - 04/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/3/2025, 12:55:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.