Housing & Real Estate — Somerville, Massachusetts
Overview
| Total Housing Units | 37,583 |
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| Occupied | 35,427 |
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| Vacant | 2,156 |
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| Owner-Occupied | 12,155 |
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| Renter-Occupied | 23,272 |
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| Median Home Value (Census) | $911,300 |
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| Estimated 2026 | ~$939,000 |
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| Median Rent | $2,468/mo |
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| Median Property Tax | $6,186/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | N/A |
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| Rent as % of Income | N/A% |
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| Severely Rent-Burdened | 27.5% |
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Housing Age
| Built 2010 or later | 3,643 |
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| Built 2000-2009 | 1,067 |
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| Built 1990-1999 | 1,251 |
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| Built before 1960 | 25,969 |
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| Median Year Built | 1938 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
