Condos InSomerville, MA

Somerville, MA Condo Market Report (In last 12 months)

Avg. List Price

$923,658 ($731/Sqft.)

Year-Over-Year List Price

6.92%

Total Listings

408

Avg. Days on Market

Avg. Sale Price

$960,107 ($723/Sqft.)

Year-Over-Year Sale Price

4.25%

Total Sold

391

Avg. HOA Fees/Sqft.

$6/monthly

Somerville, MA Condo Market Overview

Welcome to Somerville, a vibrant and eclectic city that perfectly balances urban energy with community charm. Nestled just minutes from Boston, this thriving locale features a diverse condo market, catering to a range of lifestyles and budgets. Explore the trendy open-concept lofts and chic high-rises in Union Square, where delicious eateries and artistic spaces create a dynamic atmosphere. For those who prefer a more residential feel, Davis Square offers a variety of affordable townhome-style condos, surrounded by parks and local shops that foster a strong sense of community. With its rich cultural diversity and thriving arts scene, Somerville draws residents who cherish lively street festivals, craft breweries, and a robust dining scene. Scenic views of the Boston skyline enhance the allure of this unique city. Whether you’re seeking a luxurious abode or a cozy retreat, Somerville’s condo market invites you to immerse yourself in a welcoming and vibrant lifestyle, where every corner reveals an opportunity to engage and enjoy.

Condos For Sale In Somerville, MA

Popular Condos Neighborhoods in Somerville, MA

Spring Hill

Somerville

15 Units Available

Assembly Square

Somerville

2 Units Available

Winter Hill

Somerville

9 Units Available

Hillside

Somerville

2 Units Available

Spring Hill

Somerville

15 Units Available

Assembly Square

Somerville

2 Units Available

Winter Hill

Somerville

9 Units Available

Hillside

Somerville

2 Units Available

Twin City

Somerville

2 Units Available

Union Square / Prospect Hill

Somerville

10 Units Available

Teele Square

Somerville

4 Units Available

Magoun Square

Somerville

8 Units Available

Explore Somerville, MA Neighborhoods

Somerville is a vibrant urban community celebrated for its eclectic culture, innovative spirit, and artistic flair. Home to a diverse population, the neighborhood boasts a dynamic arts scene, an array of eclectic eateries, and bustling markets, making it an exciting destination for food lovers and creatives alike. With its strong sense of community and convenient access to Boston, this locale seamlessly blends urban energy with welcoming charm.

Frequently Asked Questions About Somerville, MA

What is it like to live in Somerville?

Living in Somerville offers a vibrant blend of urban and suburban lifestyles, characterized by diverse housing options, including multi-family homes and modern condos. The city features excellent public transportation access via the MBTA, providing easy commutes to Boston and surrounding areas, while maintaining a strong sense of community with parks, art scenes, and local businesses.

What is it like to live in Somerville?

Is Somerville expensive?

Somerville's cost of living is significantly above the national average, with home prices and rental rates reflecting the city's proximity to Boston. The median home price generally ranges from $600,000 to over $1 million, depending on the neighborhood, with areas closer to public transit, like Davis Square, often commanding higher prices.

Is Somerville expensive?

How much is a condo in Somerville?

The average price of a condo in Somerville ranges from $500,000 to $800,000, influenced by factors such as location and amenities. Popular neighborhoods like Assembly Row and Davis Square generally see higher prices due to their proximity to public transportation and local attractions.

How much is a condo in Somerville?

What are the safest neighborhoods in Somerville?

Neighborhoods such as West Somerville, East Somerville, and Ten Hills are regarded as some of the safest in the city, characterized by lower crime rates and a strong sense of community. These areas benefit from accessible public transportation options and proximity to parks and local amenities.