Somerville, Middlesex County, MA Housing Trends, Rent, Price-to-Rent

Market Summary

Somerville, Middlesex County, MA

Median Home Price Price

$897,091 $897.1K

Median Monthly Rent Rent

$2,900 $2.9K

GRM

26.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Somerville, MA is $2,900, with MoM change +$22 and YoY change +$117 pointing to positive momentum while volatility is low (std $25).

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Metric

Base market Somerville, MA

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Delta vs base

Median rent

$2,900

N/A

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Median price

$897,091

N/A

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YoY change

+$117

N/A

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Price-to-rent

25.8x

Data unavailable

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