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Somerville, MA 02145 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Somerville, MA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.09
ActiveActive listings: 3434PendingPending sales: 33
Somerville, MA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $1.01M$1.01MSoldMedian sold price (last 6 months): $935k$935k
What homes actually sell for in Somerville, MA
Distribution of 156 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $679k to $1.2M
$452k to $602k: 18 sales$452k$602k to $752k: 33 sales33sales$752k to $902k: 18 sales$752k$902k to $1.05M: 22 sales$1.05M to $1.2M: 25 sales$1.05M$1.2M to $1.35M: 13 sales$1.35M to $1.5M: 10 sales$1.35M$1.5M to $1.65M: 2 salesMedian $935k

What the numbers say

As of October 5, 2026, Resideline is tracking 34 active listings and 3 pending sales in ZIP code 02145. That pending-to-active ratio of 0.09 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $1,014,450, while the median of the 156 closed sales Resideline tracked over the last six months was $935,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 02145 for 80 days.

Frequently asked questions

What is the median home price in 02145?

The median closed sale price in Somerville, MA 02145 was $935,000 over the last six months, based on 156 closed sales tracked by Resideline. The middle half of those sales ranged from $679,000 to $1,200,000.

Is 02145 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 34 active listings in 02145, a pending-to-active ratio of 0.09. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 02145 currently looks like a balanced market.

Nearby ZIP code market data

Full Somerville, MA housing market report →

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