Market Intelligence · MA / Somerville

Somerville, MA 02145 Housing Market

The typical home value in Somerville, MA 02145 is $821,721, up 0.4% over the past year. Homes are currently listed at a median of $812,450 and spend a median of 55 days on market before selling. That is a stable market, but not a fast one.

Updated August 2026Median value$822K

The median home value in Somerville, MA 02145 is $822K as of August 2026, up 0.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 02145 range

$756K to $887K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.4% over 12 months

Typical home value in 02145 over the last 12 months: $819K in Aug 2025 to $822K in Aug 2026 (+0.4%).

Aug 2025$819K

Aug 2026$822K

The numbers

What is the 02145 housing market like?

Typical home value

$822K

Up0.4%YoY

Median list price

$812K

Down1.2%MoM

Days on market

55

Up25.0%MoM

Homes for sale

53

Down1.9%MoM

Price cuts

19.5%

Up39.9%MoM

New listings

12

Down57.1%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 02145 home prices compare?

  • 02145$821,721
  • Somerville$935,636
  • Massachusetts$615,457
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Somerville: 3 ZIPs; Massachusetts: 484 ZIPs; United States: 26,265 ZIPs).

Context

As of 2026-08-01, there are 53 homes for sale in 02145, with 12 new listings coming on the market. Buyers have time to compare options, since the median home sits for 55 days. Pricing tells a mixed story. The median list price of $812,450 sits close to the typical home value of $821,721, and values have risen just 0.4% over the past year. Meanwhile, 19.5% of active listings have taken a price cut. For a seller, the honest takeaway is that homes still sell near their value, but overpricing tends to get corrected rather than rewarded.

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