Somerville housing market
September 2026 · All Residences
Somerville's median sale price rose 12.7% compared with the same month last year. Homes sold faster than a year ago, at a median of 25 days on market. Sellers received a median 100% of their final list price.
What this means for sellers
Recent sales are the best guide to pricing. A considered launch usually matters more than timing the market.
What this means for buyers
There is a reasonable selection of homes, giving time to compare options before making an offer.
Key figures
Closed sales: 46 this month · 177 last 3 months · 634 trailing 12 months
Median days on market
25 days
Prior month: 23 days · MoM +8.7%
Last year: 29 days · YoY -13.8%
Average days on market
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Cumulative days on market
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Closed sales (month)
46
Prior month: 53 · MoM -13.2%
Last year: 57 · YoY -19.3%
Median sale price
$1,240,000
Prior month: $1,100,000 · MoM +12.7%
Last year: $1,100,000 · YoY +12.7%
Average sale price
$1,152,878
Prior month: $1,287,658 · MoM -10.5%
Last year: $1,084,590 · YoY +6.3%
Median price per sq ft
$665
Prior month: $686 · MoM -3.1%
Last year: $609 · YoY +9.2%
New listings
142
Prior month: 59 · MoM +140.7%
Last year: 125 · YoY +13.6%
Active inventory
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Pending sales
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Months of supply
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Absorption rate
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Sale-to-list ratio
100%
Prior month: 99.1% · MoM +0.9%
Last year: 99.9% · YoY +0.1%
Sold over asking
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With price reductions
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Trends
Median sale price moved from $1,017,500 in October 2024 to $1,240,000 in September 2026.
View as table
| Month | Median price |
|---|---|
| October 2024 | $1,017,500 |
| November 2024 | $1,122,000 |
| December 2024 | $1,050,000 |
| January 2025 | $1,037,500 |
| February 2025 | $1,010,000 |
| March 2025 | $1,165,500 |
| April 2025 | $1,160,000 |
| May 2025 | $1,010,000 |
| June 2025 | $1,167,500 |
| July 2025 | $1,192,500 |
| August 2025 | $1,050,000 |
| September 2025 | $1,100,000 |
| October 2025 | $1,010,000 |
| November 2025 | $929,000 |
| December 2025 | $999,500 |
| January 2026 | $918,750 |
| February 2026 | $1,008,250 |
| March 2026 | $854,900 |
| April 2026 | $1,100,000 |
| May 2026 | $1,085,000 |
| June 2026 | $1,050,000 |
| July 2026 | $877,500 |
| August 2026 | $1,100,000 |
| September 2026 | $1,240,000 |
In September 2026: 46 closed sales and 142 new listings.
View as table
| Month | Closed sales | New listings |
|---|---|---|
| October 2024 | 48 | 87 |
| November 2024 | 46 | 22 |
| December 2024 | 49 | 14 |
| January 2025 | 42 | 50 |
| February 2025 | 29 | 56 |
| March 2025 | 48 | 101 |
| April 2025 | 50 | 120 |
| May 2025 | 75 | 97 |
| June 2025 | 54 | 92 |
| July 2025 | 64 | 83 |
| August 2025 | 54 | 50 |
| September 2025 | 57 | 125 |
| October 2025 | 47 | 70 |
| November 2025 | 49 | 36 |
| December 2025 | 48 | 23 |
| January 2026 | 31 | 47 |
| February 2026 | 36 | 38 |
| March 2026 | 35 | 129 |
| April 2026 | 61 | 154 |
| May 2026 | 61 | 115 |
| June 2026 | 89 | 123 |
| July 2026 | 78 | 89 |
| August 2026 | 53 | 59 |
| September 2026 | 46 | 142 |
Days on market moved from 18 in October 2024 to 25 in September 2026.
View as table
| Month | Median days |
|---|---|
| October 2024 | 18 |
| November 2024 | 23 |
| December 2024 | 34 |
| January 2025 | 32 |
| February 2025 | 22 |
| March 2025 | 20 |
| April 2025 | 14 |
| May 2025 | 20 |
| June 2025 | 22 |
| July 2025 | 21 |
| August 2025 | 21 |
| September 2025 | 29 |
| October 2025 | 20 |
| November 2025 | 26 |
| December 2025 | 36 |
| January 2026 | 35 |
| February 2026 | 24 |
| March 2026 | 27 |
| April 2026 | 19 |
| May 2026 | 20 |
| June 2026 | 21 |
| July 2026 | 21 |
| August 2026 | 23 |
| September 2026 | 25 |
Months of supply: not enough history yet.
View as table
| Month | Months |
|---|---|
| October 2024 | — |
| November 2024 | — |
| December 2024 | — |
| January 2025 | — |
| February 2025 | — |
| March 2025 | — |
| April 2025 | — |
| May 2025 | — |
| June 2025 | — |
| July 2025 | — |
| August 2025 | — |
| September 2025 | — |
| October 2025 | — |
| November 2025 | — |
| December 2025 | — |
| January 2026 | — |
| February 2026 | — |
| March 2026 | — |
| April 2026 | — |
| May 2026 | — |
| June 2026 | — |
| July 2026 | — |
| August 2026 | — |
| September 2026 | — |
Sale-to-list ratio moved from 98.7% in October 2024 to 100% in September 2026.
View as table
| Month | % of list |
|---|---|
| October 2024 | 98.7% |
| November 2024 | 100% |
| December 2024 | 99% |
| January 2025 | 100% |
| February 2025 | 100% |
| March 2025 | 100.1% |
| April 2025 | 100.5% |
| May 2025 | 100% |
| June 2025 | 100.9% |
| July 2025 | 100% |
| August 2025 | 100% |
| September 2025 | 99.9% |
| October 2025 | 100% |
| November 2025 | 99.3% |
| December 2025 | 98.9% |
| January 2026 | 98.5% |
| February 2026 | 99.2% |
| March 2026 | 100% |
| April 2026 | 100% |
| May 2026 | 100% |
| June 2026 | 100% |
| July 2026 | 100% |
| August 2026 | 99.1% |
| September 2026 | 100% |