Somerville, MA Real Estate
Somerville is a city in Middlesex County, Massachusetts with a population of about 80,549. The median home value is near $899,400, and median rent runs around $2,468/mo.
Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.
Median Home Value
$899,400
Median Rent
$2,468/mo
Population
80,549
Median Income
$127,056
Median Age
32.3
Homeownership
34.3%
Monthly payment on a median Somerville home
Example for a $899,400 home: 20% down, 30-yr at ~6.75%, MA property tax ~1.00%, 0.4% insurance.
Est. monthly (PITI)
$5,716
Principal & interest
$4,667
Property tax / mo
$750
Down payment (20%)
$179,880
Somerville at a glance
- 34.6% of residents 25+ hold a bachelor's degree or higher.
- 34.3% of occupied homes are owner-occupied.
- Median household income is $127,056.
- Always verify the assigned school district, flood zone, and HOA for a specific address before signing.
Other Massachusetts cities
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