Somerville city: Median Home Value Trend
How Somerville city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$558,300
2023
$899,400
Total change
+$341,100
% change
+61.1%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $558,300 | — |
| 2019 | $664,700 | +$106,400 (19.1%) |
| 2020 | $709,800 | +$45,100 (6.8%) |
| 2021 | $739,900 | +$30,100 (4.2%) |
| 2022 | $860,500 | +$120,600 (16.3%) |
| 2023 | $899,400 | +$38,900 (4.5%) |