Buying a Single-Family Home in Somerville, MA

You may have read my page about buying a single family home in Cambridge and figured it may be worth checking out Somerville. Unfortunately the inventory for buying a single family home in Somerville is typically the same or worse compared to Cambridge. 

Whereas 104 single family homes sold in Cambridge in 2024, only 88 single family homes sold in 2024 in Somerville.

So not a lot of single family options in Somerville each year, but the silver lining is the prices ARE more affordable. 29 of the 88 single family homes that sold in Somerville went for $1M or less. Now many of these units are gut renovations (but not all) and some of them are small little 2 bed homes, but there are a surprising number of single families that have good square footage and just need a lot of cosmetic updates. 

So if you are on a budget AND you want a single family home in Somerville AND you are open to some cosmetic updates, Somerville can be a great place to buy. You’ll have an opportunity to add significant sweat equity and make updates to your particular likings. 

On the flip side, if you have a strong budget there are many large beautiful homes - many of which are Victorians, in Somerville that go in the $1.5M to $2.5M range. If you have a budget in this range, expect at least a few dozen really strong options over the year.

But also expect a lot of interest and offers on these homes. So make sure you are working with an experienced local agent that can help ensure you win in a multi-offer situation without overpaying.

If you are thinking of buying and you’re not sure where to start, give me a call at 617-833-7457 and I’m happy to provide advice.

Continue reading about things to keep in mind when if you’re a first-time home buyer, how to think through your purchase from an investment lens, and how I can help you no matter what stage you’re at.

Past reviews from Somerville Clients:

Sage was an absolutely fantastic realtor to work with. He is extremely responsive, available, and patient, attending almost every step of the process with me in person and making time to answer all my questions. Overall an extremely competent, professional, and caring person; I can't recommend him highly enough! - Karen Duffy

All in all, a great experience! I would highly recommend him. - Eileen Dryden

I highly recommend Sage to everyone. - Melinda Cai