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Somerville, MA Housing

 
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As of 2010-2014, median price of a house in Somerville is $449,100, which is higher than the state average of $329,900 and is much higher than the national average of $175,700. The Somerville median house value has grown by 109.76% since 2000. The growth rate for the price of a house in Somerville is higher than the state average rate of 77.65% and is much higher than the national average rate of 46.91%. The median year that a house in Somerville was built is 1939, which is older than the median year for a house built in the state which is 1959 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 10,893 Owner Occupied Houses in Somerville, MA, #50
Somerville, MA
449,100 USD
Massachusetts
329,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #17
Somerville, MA
109.76%
Massachusetts
77.65%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Somerville, MAMassachusettsU.S.
Total Housing Units33,044, see rank, 100%2,816,875132,741,033
Occupied Housing Units31,784, 96.19%, see rank90.12%87.55%
Owner Occupied10,893, 32.97%, see rank56.12%56.34%
Renter Occupied20,891, 63.22%, see rank33.99%31.21%
Vacant Housing Units1,260, 3.81%, see rank9.88%12.45%
For Rent535, 1.62%, see rank1.67%2.34%
For Sale Only27, 0.08%, see rank0.74%1.20%
Rented or Sold, Not Occupied158, 0.48%, see rank0.77%0.92%
For Seasonal, Recreational, or Occasional Use46, 0.14%, see rank4.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant494, 1.49%, see rank2.40%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #190
Somerville, MAMassachusettsU.S.
193919591976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Somerville, MA%MassachusettsU.S.
Owner-Occupied Units10,893100%1,580,93874,787,460
With a Mortgage7,57869.57%, see rank71.18%65.58%
Without a Mortgage3,31530.43%, see rank28.82%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Somerville, MA
2,312 USD
Massachusetts
2,095 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsSomerville, MA%MassachusettsU.S.
$299 or Less00.00%, see rank0.09%0.20%
$300 to $49950.07%, see rank0.49%1.59%
$500 to $699580.77%, see rank1.47%5.01%
$700 to $9993654.82%, see rank4.74%14.32%
$1,000 to $1,49986611.43%, see rank16.44%27.90%
$1,500 to $1,9991,49819.77%, see rank22.84%20.35%
$2,000 to $2,9992,97539.26%, see rank34.83%19.52%
$3,000 or More1,81123.90%, see rank19.10%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Somerville, MA
26.00% of the Total Income
Massachusetts
24.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Somerville, MA%MassachusettsU.S.
10% or Less2593.42%, see rank5.29%5.86%
10% to 20%2,27730.05%, see rank29.25%31.95%
20% to 30%1,89625.02%, see rank29.39%27.64%
30% to 40%94112.42%, see rank14.83%13.74%
40% or More2,18228.79%, see rank20.86%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Somerville, MA
791 USD
Massachusetts
707 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsSomerville, MA%MassachusettsU.S.
$199 or Less511.54%, see rank1.57%7.76%
$200 to $299401.21%, see rank2.45%14.70%
$300 to $4992958.90%, see rank16.27%34.63%
$500 to $69967920.48%, see rank28.91%21.16%
$700 or More2,25067.87%, see rank50.80%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Somerville, MA
17.80% of the Total Income
Massachusetts
14.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Somerville, MA%MassachusettsU.S.
10% or Less83725.25%, see rank31.52%40.19%
10% to 20%97829.50%, see rank31.52%31.47%
20% to 30%51015.38%, see rank14.65%12.24%
30% to 40%37411.28%, see rank7.86%5.64%
40% or More55916.86%, see rank13.41%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Somerville, MAMassachusettsU.S.
Total Housing Units33,044, 100%2,816,875132,741,033
1-unit, Detached3,726, 11.28%, see rank52.24%61.65%
1-unit, Attached1,296, 3.92%, see rank5.19%5.82%
2 Units10,142, 30.69%, see rank10.16%3.75%
3 or 4 Units9,506, 28.77%, see rank10.94%4.43%
5 to 9 Units2,870, 8.69%, see rank5.95%4.78%
10 or More Units5,504, 16.66%, see rank14.65%13.08%
Mobile Home, Boat, RV, Van, etc.0, 0.00%, see rank0.87%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Somerville, MAMassachusettsU.S.
Total Housing Units33,044, 100%2,816,875132,741,033
1 Room906, 2.74%, see rank2.33%1.95%
2 Rooms1,405, 4.25%, see rank3.02%2.48%
3 Rooms4,697, 14.21%, see rank10.03%9.13%
4 Rooms7,244, 21.92%, see rank15.77%16.60%
5 Rooms7,977, 24.14%, see rank18.26%20.41%
6 Rooms5,168, 15.64%, see rank17.63%18.06%
7 Rooms2,204, 6.67%, see rank12.23%12.27%
8 Rooms1,396, 4.22%, see rank9.28%8.48%
9 Rooms or More2,047, 6.19%, see rank11.45%10.60%
Median Rooms4.80, see rank5.505.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Somerville, MAMassachusettsU.S.
Total Housing Units33,044, 100%2,816,875132,741,033
No Bedroom1,059, 3.20%, see rank2.56%2.17%
1 Bedroom7,807, 23.63%, see rank14.08%11.16%
2 Bedrooms12,840, 38.86%, see rank28.19%26.69%
3 Bedrooms7,289, 22.06%, see rank34.72%39.70%
4 Bedrooms2,746, 8.31%, see rank16.00%16.05%
5 or More Bedrooms1,303, 3.94%, see rank4.45%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Somerville, MAMassachusettsU.S.
Total Housing Units31,784, 100%2,538,485116,211,092
Utility Gas21,712, 68.31%, see rank49.70%48.85%
Bottled, Tank, or LP Gas930, 2.93%, see rank2.86%4.86%
Electricity3,966, 12.48%, see rank14.23%36.68%
Fuel Oil, Kerosene, etc.4,687, 14.75%, see rank30.36%5.86%
Coal or Coke72, 0.23%, see rank0.13%0.12%
Wood10, 0.03%, see rank1.69%2.12%
Solar Energy9, 0.03%, see rank0.03%0.05%
Other Fuel69, 0.22%, see rank0.65%0.47%
No Fuel Used329, 1.04%, see rank0.35%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalSomerville, MAMassachusettsU.S.
Occupied Units Paying Rent20,420, 100%924,80939,201,928
$199 or Less294, 1.44%, see rank2.07%1.50%
$200 to $299597, 2.92%, see rank5.74%3.18%
$300 to $499843, 4.13%, see rank7.69%7.37%
$500 to $699788, 3.86%, see rank8.07%16.01%
$700 to $9991,607, 7.87%, see rank20.08%29.17%
$1,000 to $1,4996,506, 31.86%, see rank31.42%26.88%
$1,500 to $1,9996,360, 31.15%, see rank15.67%9.79%
$2,000 or More3,425, 16.77%, see rank9.27%6.10%
Median$1,470, see rank$1,088$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Somerville, MAMassachusettsU.S.
Occupied Housing Units31,784, 100%2,538,485116,211,092
No Vehicles Available7,903, 24.86%, see rank12.57%9.12%
1 Vehicles Available14,706, 46.27%, see rank36.07%33.80%
2 Vehicles Available7,444, 23.42%, see rank36.51%37.48%
3 or More Vehicles Available1,731, 5.45%, see rank14.84%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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