The story of this market
The typical home in ZIP 02144 sells for about $1,250,000, or $780 per square foot.
Prices are roughly flat from a year ago (+0.4%), a market in balance. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $3,200 a month.
ZIP 02144 — Somerville
The housing market in 02144 remains highly competitive with limited inventory driving prices upward. Demand is sustained by the area's strong transit connectivity and proximity to major employment hubs in Cambridge and Boston. Figures for specific metrics like months of supply and price cut percentages are estimated based on current listing activity.
This ZIP is ideal for young professionals, academics, and commuters who prioritize transit access and a walkable, urban lifestyle over suburban space.
Median prices moved up 0.4% year over year.
Homes spend a median of 42 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 11.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 02144, Middlesex County, MA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Somerville generally experiences lower violent crime rates compared to national averages, though property crime remains a common urban concern. Trends are stable with consistent community policing efforts.
The area is served by Somerville Public Schools, which are characterized by diverse student populations and ongoing efforts to improve academic performance and facilities.
The area faces standard urban risks including potential for localized flooding during extreme weather events; wildfire risk is negligible due to the dense urban environment.
Economic momentum is driven by proximity to Cambridge and Boston, with significant biotech and tech sector expansion in the nearby Assembly Row and Union Square districts.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
Residents benefit from excellent access to the MBTA Red Line at Davis Square, providing a direct transit link to Cambridge and downtown Boston.
The ZIP features access to the Somerville Community Path, numerous neighborhood parks, and is within walking distance of the vibrant dining and shopping corridors of Davis Square.
The rental market is highly competitive due to the proximity to Tufts University and major employment hubs, resulting in low vacancy rates and consistent upward rent pressure.
The economy is anchored by the education, biotech, and professional services sectors, heavily influenced by the proximity to Tufts University and the Greater Boston innovation corridor.
The area is highly transit-oriented, served by the MBTA Red Line and extensive bus networks, with high walkability scores.
Ongoing development is focused on transit-oriented density near the Green Line Extension and the redevelopment of former industrial sites in Union Square.
The Middlesex County assessment regime is managed at the municipal level by the City of Somerville Assessor's Office.
Parcels are subject to municipal property taxes and standard utility service districts; no major MUD/PID districts are present.
Property insurance premiums are influenced by the urban density and regional climate risks, with standard coverage requirements for flood and wind.
Data retrieved from data.census.gov and Data Commons.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Boston Tea Party Ships & Museum4.64.9 mi
- F1 Arcade Boston4.55.3 mi
- Museum of Illusions Boston4.54.5 mi
- Boda Borg Boston4.73.4 mi
- K1 Speed Boston-Wilmington4.211.2 mi
- Fenway Park4.83.9 mi
- TD Garden4.63.9 mi
- Thomas M. Menino Convention & Exhibition Center4.55.4 mi
- Topgolf Boston - Canton3.914.2 mi
- MGM Music Hall at Fenway4.43.9 mi
- Fenway Park4.83.9 mi
- Boston Common4.74.3 mi
- Museum of Fine Arts, Boston4.84.4 mi
- New England Aquarium4.44.7 mi
- Harvard Square4.61.8 mi
- Museum of Fine Arts, Boston4.84.4 mi
- Boston Public Library4.84.2 mi
- Isabella Stewart Gardner Museum4.74.4 mi
- Museum of Science4.73.5 mi
- Boston Tea Party Ships & Museum4.64.9 mi
- Boston Common4.74.3 mi
- Franklin Park Zoo4.46.7 mi
- Public Garden4.84.2 mi
- Charles River Esplanade4.83.8 mi
- Arnold Arboretum of Harvard University4.86.3 mi
- Community Boating, Inc.4.63.8 mi
- MIT Sailing Pavilion4.93.4 mi
- Atlantic Wharf4.64.8 mi
- Constitution Marina4.63.8 mi
- Charlestown Marina4.84.1 mi
- Granite Links Golf Club4.611.4 mi
- Robert T. Lynch Municipal Golf Course3.96.4 mi
- George Wright4.59 mi
- Newton Commonwealth Golf Course44.5 mi
- William J. Devine Golf Course at Franklin Park4.27 mi
- Encore Boston Harbor4.32.8 mi
- Burlington Mall4.47.4 mi
- Prudential Center Boston4.54.1 mi
- Quincy Market4.54.4 mi
- Faneuil Hall Marketplace4.54.4 mi
- Boston Logan International Airport4.16.3 mi
- Park Shuttle & Fly4.55.6 mi
- The Lounge3.46 mi
- DaCoopas Pizza4.15.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major hub for local restaurants, independent theaters, and nightlife.
A popular multi-use path for cyclists and pedestrians connecting to Cambridge.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.