Somerville market report

September 2026 · Multi-family homes · Closed sales through September 30, 2026. Source: MLS PIN.

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Median sale price

$1,395,50016 multi-family homes sold in September 2026

Days to offer, median

18 daysListing to accepted offer, 16 sales with both dates

Sale to list price, median

99.9%44% sold above their original asking price

Homes for sale

65On October 10, 2026, 4.2 months of supply

The month in brief

In September 2026, MLS PIN shows 16 multi-family homes sold in Somerville at a median price of $1,396,000. Half went under agreement within 18 days, and the median sale closed at 99.9% of its original asking price. 44% sold above their original asking price. On October 10, 2026, 65 multi-family homes were for sale, about 4.2 months of supply at the last six months' pace. Over April to September 2026, the median sale price was $1,350,000, down 3.9% from the same months a year earlier.

The homes for sale on October 10, 2026 had a median asking price of $1,549,900. See today’s homes for sale in Somerville

Month by month

Closed sales, April to September 2026

$1,262,778

Apr 2026

$1,460,000

May 2026

$1,398,000

Jun 2026

$1,347,500

Jul 2026

$1,402,500

Aug 2026

$1,395,500

Sep 2026

Each month’s closed sales. A median needs at least 5 sales.
Month	Sales	Median price	Days to offer	Sale to list	Above asking
Apr 2026	16	$1,262,778	11	95.4%	44%
May 2026	11	$1,460,000	7	100.0%	45%
Jun 2026	18	$1,398,000	12	100.5%	50%
Jul 2026	18	$1,347,500	9	100.9%	50%
Aug 2026	14	$1,402,500	20	96.4%	14%
Sep 2026	16	$1,395,500	18	99.9%	44%

Compared with a year earlier

April to September 2026 against April to September 2025

Changes are shown when both periods have at least 10 sales.
Measure	April to September 2026	April to September 2025	Change
Sales	93	100	down 7.0%
Median sale price	$1,350,000	$1,405,000	down 3.9%
Days to offer, median	11	12	Same
Sale to list price, median	100.0%	100.0%	Same
Sold above asking	41.9%	44.0%	-2.1 points
Median price per square foot	$483	$492	down 1.8%

Get the monthly market report for Somerville

Median sale price, days to offer, sale to list price and homes for sale in Somerville, from MLS PIN, after each month ends.

Homes for sale in SomervilleCurrent listings from MLS PIN Somerville real estateRecent sales, today’s market and local guides Talk with an Ivy advisorWhat these numbers mean for your home or your search

How to read this report

Figures are MLS PIN residential sales in the town that may be shown publicly through MLS PIN’s Internet Data Exchange (IDX) program. They are not every transaction in the town. Multi-family homes are MLS PIN’s Residential Income listings; parking spaces are left out.

A month counts the sales that closed in it. A median needs at least 5 sales and a change from a year earlier needs at least 10 sales in each period, so some figures read “Too few” or are left out. A change in the mix of homes sold can move a median; it isn’t the change in any one home’s value.

Days to offer is the median number of calendar days from the listing date to the accepted offer (the purchase contract date), for sales with both dates. It isn’t MLS days on market.

Sale to list price is each sale price divided by its original asking price; the median is shown. Sold above asking is the share of sales that closed above their original asking price.

Homes for sale counts the active listings when the report was prepared, early the next month. Months of supply divides that count by the average sales a month over the six months.

Each month’s report is kept as it was prepared. Sales reported to MLS PIN after that day aren’t in it.

These are market figures, not an estimate of any home’s value.

Listing data and images were compiled by MLS PIN from third-party sources for consumers’ personal, noncommercial property searches; accuracy is not guaranteed.

Prepared October 10, 2026.