Somerville, MA 02145 Real Estate Market Analysis | dynamic.RE
dynamic.RE
Search
Portfolio
Market Analysis
Areas
Analyze
Select a state…
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
No cities
Compare
Market Snapshot
Housing Market
Demand Fundamentals
Somerville, MA — 02145
Market Hotness
33
Hotness Rank
#9,814
Hotness Score
33
Supply Score
62
Demand Score
4
DOM vs US
-8.5%
Faster
Price vs US
193%
Above avg
Median Listing Price
$832K
Population
27,495
Households
664,267
Median Days on Market
45
Active Listings
58
New Listings
32
Housing Market
Pricing
Median Listing Price
$832K
+4.1% YoY
Average Listing Price
$874K
-5.7% YoY
Price per Sq Ft
$665
-0.7% YoY
Median Sq Ft
1,201
+7.1% YoY
Inventory
Active Listings
58
+57.5% YoY
New Listings
32
+33.3% YoY
Total Listings
90
+135.5% YoY
Buyer Competition
Pending Listings
31
+1450.0% YoY
Pending Ratio
0.54
+48.4% YoY
Median Days on Market
45
+25.4% YoY
Price Reduced
20.4%
-1.7% YoY
Demand Fundamentals
Median Age
38.9
2024
Population
ZIP Population
27,495
-1.6% YoY
Middlesex County Population
1,668,956
+1.5% YoY
Households
Total Housing Units
664,267
+0.5% YoY
Age
2024 Age Mix
1.6M
residents
Under 18
318,865
19.5%
Adults 18–64
1,052,493
64.2%
65 & Over
267,007
16.3%
Age Composition Over Time
2017–2024
Population Under 18
318,865
+0.1% YoY
Population 65 & Over
267,007
+2.9% YoY
Median Age
38.90
0.0% YoY
dynamic.RE