The median home value in Somerville, MA is $1,150,000.
This is
higher than
the county median home value of $638,000.
The national median home value is $308,980.
The average price of homes sold in Somerville, MA is $1,150,000.
Approximately 33% of Somerville homes are owned,
compared to 62% rented, while
5% are vacant.
Somerville real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Somerville real estate agent to arrange a tour today!
Learn more about Somerville.
Somerville Vacant Land FOR SALE /// Being offered as a package deal with MLS #:73160505 , a mixed-use commercial building housing Royal Pizza & Subs and a 1-bedroom apartment above. Vacant land currently being used a parking for pizza shop and apartment with 9-10 off-street parking spaces on gravel. Extra wide curb cut for parking on Mount Vernon Street. This property is also being advertised as a larger 3-parcel development opportunity including 25 Washington Street (MLS: 73146318), a neighboring 2-story CMU commercial warehouse and a 2-story mixed-use building (MLS: 73160505) The 3-parcel opportunity offers a 3,847 SF buildable lot with a max allowed 11,541, 3-story building with 8 units and 8 parking "BY-RIGHT". Zoning is MR3, Ask agent for more information. Asking $4.2M for the 3 parcels
Opportunity to acquire MR4 zoned parcel in Magoun Square, less than a mile from the newly opened Magoun Square GLX station. The 3,173 SF parcel abuts 3/4 of an Acre of MR4 zoned parcels on all sides and currently has a 4,350 SF existing structure generating $4,132/month with leases ending 8/31/24. An initial massing study indicated a 4-story 6,375 SF structure consisting of up to 8 units may be feasible. 359 Lowel Street's proximity to Magoun Square station is situated within a Transit Zone affording no minimum parking requirements.Existing structure consists of Two Levels, 2,150 SF each. Renovated 2 Bed 2 Bath unit on the top floor and flex/open space on the first floor. Great ceiling height on both floors. Lots of possible options to increase value over the term of ownership. Prospective Purchasers should verify all development feasibility independently. Seller and Broker make no representations, expressed or implied with respect to the development potential of the property.