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Central Hill Cobble Hill (Ward Two) Industrial Park Inman Square Powderhouse/Powder House Prospect Hill Spring Hill Union Square Winter Hill

SOMERVILLE, MA 02143

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 02143

Central Hill · Cobble Hill (Ward Two) · Industrial Park · Inman Square · Powderhouse/Powder House · Prospect Hill · Spring Hill · Union Square · Winter Hill

Market Analysis

Data as of February 2026. Source: Realtor.com.

The SOMERVILLE, MA real estate market (02143) currently shows 21 active listings, with 3 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 31 days on market compared to 29 days last year.

The median listing price has fallen 18.3% year-over-year, from $1,013,497 to $828,525.

Whether you are buying or selling in SOMERVILLE, MA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 25,329  ·  Density: 6,331.6/mi²  ·  Median household income: $118,440

Typical home value: $857,962  ·  Homeownership: 31.3%

Market Overview

Active Listings
21
⇩ 8.7% vs 23 last year
Pending
3
14% pending ratio
Median Price
$828,525
⇩ 18.3% vs $1,013,497 last year
Average Price
$989,902
⇩ 25.9% vs $1,336,507 last year
Days on Market
31
⇧ 6.9% vs 29 days last year

Price Per Square Foot

Median $/sqft
$856
⇧ 25.1% vs $684/sqft last year
Median Home Size
968 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 23 last year
  • Days on market: 31 now vs 29 last year

Median & Average Pricing

Year over Year
  • Median: $828,525 (-18.3% YoY)
  • Average: $989,902 (-25.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 3.4 miles — 334 listings ($794,865,661 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02143Somerville, MA 021430.0 mi15$16,832,490$859,050$1,122,166
02141Cambridge, MA 021411.1 mi22$22,787,798$965,000$1,035,809
02142Cambridge, MA 021421.5 mi4$4,853,000$897,000$1,213,250
02144Somerville, MA 021441.9 mi18$23,031,486$1,295,000$1,279,527
02114Boston, MA 021142.0 mi47$99,486,639$1,144,000$2,116,737
02134Allston, MA 021342.3 mi17$9,863,995$549,000$580,235
02108Boston, MA 021082.4 mi28$169,796,872$5,995,000$6,064,174
02113Boston, MA 021132.4 mi17$25,013,375$1,336,500$1,471,375
02109Boston, MA 021092.5 mi10$15,068,000$1,720,000$1,506,800
02110Boston, MA 021102.8 mi59$179,330,382$1,837,500$3,039,498
02115Boston, MA 021152.8 mi41$181,335,538$1,495,000$4,422,818
02155Medford, MA 021553.0 mi54$46,332,594$849,900$858,011
02120Roxbury Crossing, MA 021203.4 mi2$1,133,492$566,746$566,746

Frequently Asked Questions

How many homes are for sale in SOMERVILLE, MA 02143?

As of February 2026, there are 21 active listings in SOMERVILLE, MA (zip code 02143), compared to 23 the prior year.

What is the median home price in SOMERVILLE, MA 02143?

The median listing price in SOMERVILLE, MA 02143 is $828,525 as of February 2026, a 18.3% decrease from $1,013,497 the prior year.

How long do homes stay on the market in SOMERVILLE, MA?

Homes in SOMERVILLE, MA 02143 spend an average of 31 days on the market before going under contract, compared to 29 days the prior year.

Is it a seller's or buyer's market in SOMERVILLE, MA 02143?

Based on current inventory and days-on-market data as of February 2026, SOMERVILLE, MA 02143 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 31 days on market compared to 29 days last year.

How much can I save on real estate commission in SOMERVILLE, MA?

With SELL123.com's maximum 3% commission, sellers in SOMERVILLE, MA 02143 save an estimated $16,571 compared to a typical 5% commission on the median listing price of $828,525. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.