Somerville borough: Median Home Value Trend
How Somerville borough'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
$293,700
2023
$403,600
Total change
+$109,900
% change
+37.4%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $293,700 | — |
| 2019 | $322,000 | +$28,300 (9.6%) |
| 2020 | $336,600 | +$14,600 (4.5%) |
| 2021 | $346,300 | +$9,700 (2.9%) |
| 2022 | $378,200 | +$31,900 (9.2%) |
| 2023 | $403,600 | +$25,400 (6.7%) |