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Somerville, Massachusetts

Realtor Sep 2026 · ACS 2024

Market Read

A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.

Demand outpaces supply. Hotness 45/100, supply score 81, homes go under contract 19.0% faster than the US median, at 234% of US prices. See the sale evidence ↓
Tenant economics are strong. Median household income $135K, +4.9% YoY (ZIP); renters hold 65.7% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −0.8% YoY. inventory, +56.2% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: median listing $962,526 (Realtor). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

3 ZIPs in this city:02143 02144 02145

Market Hotness

45 / 100Realtor.com competitiveness composite

national · lower = hotter

0–100 · supply + demand

higher = tighter supply

higher = stronger demand

−19.0%

homes sell faster here

234%

of national median · above avg

Median Listing Price

$963K

Population

78,456

35,580

Median Days on Market

Active Listings

153

New Listings

Housing Market

The median listing price is down 0.8% YoY while the median home got up 0.8% bigger, so value per square foot is up 2.5%.

Pricing

Median Listing Price

$963K-0.8% YoY

Average Listing Price

$1.03M-1.2% YoY

Price per Sq Ft

$744.686+2.5% YoY

Median Sq Ft

1,287+0.8% YoY

Inventory

Active Listings

153+40.4% YoY

New Listings

82-4.7% YoY

Total Listings

189+56.2% YoY

Buyer Competition

Pending Listings

38+216.7% YoY

Pending Ratio

0.25+153.5% YoY

Median Days on Market

42+22.1% YoY

Price Reduced

17.9%-17.1% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 664,267

664Kunits

Occupied634,21595.5%

Vacant30,0524.5%

2024 Tenure ⓘ

U.S. Census ACS · n = 634,215

634Koccupied

Owner388,89361.3%

Renter245,32238.7%

Renter Share

38.7%+0.8% YoY

Total Housing Units

664,267+0.5% YoY

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 65.7% of this ZIP's 35,580 occupied households, on a median household income of $135K.

Population & Age

Total Population

78,456+0.5% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 78,456

78Kresidents

Under 187,93410.1%

Adults 18–6462,43979.6%

65 & Over8,08310.3%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

32.42-0.8% YoY

Population Under 18

7,934-5.2% YoY

Population 65 & Over

8,083+5.8% YoY

Households & Mobility

Total Households

35,580+0.8% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.19-0.3% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house75.9%

Moved (within US)22.7%

Other1.4%

Veterans

1.4%-12.3% YoY

Income & Poverty

Median Household Income

$135K+4.9% YoY

Per-Capita Income

$76K+4.5% YoY

Mean Household Income

$167K+4.3% YoY

Below Poverty Level

9.8%-3.1% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone30.4%

Public transit19.5%

Worked from home31.2%

Other18.9%

Worked From Home

31.2%+8.2% YoY

Mean Commute

31.13+0.9% YoY

Units & Tenure

Total Housing Units

37,621+0.5% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 37,621

38Kunits

Occupied35,58094.6%

Vacant2,0415.4%

2024 Tenure ⓘ

U.S. Census ACS · n = 35,580

36Khouseholds

Owner12,21934.3%

Renter23,36165.7%

Avg Household Size — Owner

2.37-0.6% YoY

Avg Household Size — Renter

2.10+0.1% YoY

County Demographics

County population is up 1.0% to 1,638,365: residents under 18 are up 0.1% and those 65 and over are up 2.9%.

Median Age

38.92024

Population

Middlesex County Population

1,668,956+1.5% YoY

Households

Total Households

634,215+0.5% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.49+0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 1,638,365

1.6Mresidents

Under 18318,86519.5%

Adults 18–641,052,49364.2%

65 & Over267,00716.3%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

318,865+0.1% YoY

Population 65 & Over

267,007+2.9% YoY

Median Age

38.900.0% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house87.2%

Moved (within US)11.7%

Other1.1%

Veterans

3.3%-5.7% YoY

County Economy

County median household income is $131K, 7.7% of residents are below the poverty level, 24.7% work from home.

Income

Median Household Income

$131K+3.2% YoY

Per-Capita Income

$70K+3.1% YoY

Mean Household Income

$178K+3.4% YoY

Poverty

Below Poverty Level

7.7%+2.7% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone54.2%

Public transit7.2%

Worked from home24.7%

Other13.9%

Worked From Home

24.7%+11.3% YoY

Mean Commute

29.90-0.3% YoY

Done with Somerville? Put it next to another market.

State

City

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City

ZIP codes

Somerville, Massachusetts

Realtor Sep 2026 · ACS 2024

Market Read

A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.

Demand outpaces supply. Hotness 45/100, supply score 81, homes go under contract 19.0% faster than the US median, at 234% of US prices. See the sale evidence ↓
Tenant economics are strong. Median household income $135K, +4.9% YoY (ZIP); renters hold 65.7% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −0.8% YoY. inventory, +56.2% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

3 ZIPs in this city:02143 02144 02145

Market Hotness

45 / 100Realtor.com competitiveness composite

national · lower = hotter

0–100 · supply + demand

higher = tighter supply

higher = stronger demand

−19.0%

homes sell faster here

234%

of national median · above avg

Median Listing Price

$963K

Population

78,456

35,580

Median Days on Market

Active Listings

153

New Listings

Housing Market

The median listing price is down 0.8% YoY while the median home got up 0.8% bigger, so value per square foot is up 2.5%.

Pricing

Median Listing Price

$963K-0.8% YoY

Average Listing Price

$1.03M-1.2% YoY

Price per Sq Ft

$744.686+2.5% YoY

Median Sq Ft

1,287+0.8% YoY

Inventory

Active Listings

153+40.4% YoY

New Listings

82-4.7% YoY

Total Listings

189+56.2% YoY

Buyer Competition

Pending Listings

38+216.7% YoY

Pending Ratio

0.25+153.5% YoY

Median Days on Market

42+22.1% YoY

Price Reduced

17.9%-17.1% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 664,267

664Kunits

Occupied634,21595.5%

Vacant30,0524.5%

2024 Tenure ⓘ

U.S. Census ACS · n = 634,215

634Koccupied

Owner388,89361.3%

Renter245,32238.7%

Renter Share

38.7%+0.8% YoY

Total Housing Units

664,267+0.5% YoY

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 65.7% of this ZIP's 35,580 occupied households, on a median household income of $135K.

Population & Age

Total Population

78,456+0.5% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 78,456

78Kresidents

Under 187,93410.1%

Adults 18–6462,43979.6%

65 & Over8,08310.3%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

32.42-0.8% YoY

Population Under 18

7,934-5.2% YoY

Population 65 & Over

8,083+5.8% YoY

Households & Mobility

Total Households

35,580+0.8% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.19-0.3% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house75.9%

Moved (within US)22.7%

Other1.4%

Veterans

1.4%-12.3% YoY

Income & Poverty

Median Household Income

$135K+4.9% YoY

Per-Capita Income

$76K+4.5% YoY

Mean Household Income

$167K+4.3% YoY

Below Poverty Level

9.8%-3.1% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone30.4%

Public transit19.5%

Worked from home31.2%

Other18.9%

Worked From Home

31.2%+8.2% YoY

Mean Commute

31.13+0.9% YoY

Units & Tenure

Total Housing Units

37,621+0.5% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 37,621

38Kunits

Occupied35,58094.6%

Vacant2,0415.4%

2024 Tenure ⓘ

U.S. Census ACS · n = 35,580

36Khouseholds

Owner12,21934.3%

Renter23,36165.7%

Avg Household Size — Owner

2.37-0.6% YoY

Avg Household Size — Renter

2.10+0.1% YoY

County Demographics

County population is up 1.0% to 1,638,365: residents under 18 are up 0.1% and those 65 and over are up 2.9%.

Median Age

38.92024

Population

Middlesex County Population

1,668,956+1.5% YoY

Households

Total Households

634,215+0.5% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.49+0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 1,638,365

1.6Mresidents

Under 18318,86519.5%

Adults 18–641,052,49364.2%

65 & Over267,00716.3%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

318,865+0.1% YoY

Population 65 & Over

267,007+2.9% YoY

Median Age

38.900.0% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house87.2%

Moved (within US)11.7%

Other1.1%

Veterans

3.3%-5.7% YoY

County Economy

County median household income is $131K, 7.7% of residents are below the poverty level, 24.7% work from home.

Income

Median Household Income

$131K+3.2% YoY

Per-Capita Income

$70K+3.1% YoY

Mean Household Income

$178K+3.4% YoY

Poverty

Below Poverty Level

7.7%+2.7% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone54.2%

Public transit7.2%

Worked from home24.7%

Other13.9%

Worked From Home

24.7%+11.3% YoY

Mean Commute

29.90-0.3% YoY

Done with Somerville? Put it next to another market.