Somerville Condos for Sale & Rent

Somerville is one of the five largest condo markets in the metropolitan area. For years, buyers came to Somerville looking for an attractive and affordable alternative to Cambridge and Boston. Now, it's a desirable destination in its own right. From Davis Square to Assembly Row, Somerville has posh, well-established areas and new neighborhoods that are poised to become the next big thing.

Among Boston's most popular condo markets, Somerville still ranks near the top based on overall affordability. Although Somerville has solidified its reputation, buyers still flock here in search of accessible condos with low annual fees, but it has much more to offer. Like other emerging markets, Somerville appeals to buyers by offering newly renovated condos with luxury finishes and extra amenities at competitive prices.

Housing Options

Somerville has a large assortment of restored triple-deckers and historic homes. This means that you're more likely to be part of a small homeowner association in a building with fewer than five units. Only one-third of condos are located in large multi-unit buildings.

If you're looking for a mid-sized condo, Somerville is a great area. Two-bedroom units represent just over half of all the condos in this market. Three-bedroom and one-bedroom units are the next largest groups. Somerville is also one of the best markets for finding large condos with more than 1,700 square feet of living space. Nearly half of listings have at least two baths. Since there are so many renovated properties, it's easy to find condos with top-quality finishes, granite counters and modern features. Plus, three-quarters of condos have dedicated parking, which is one amenity that never goes out of style.

Property Values and Condo Prices

Condos in this popular neighborhood aren't quite as affordable as they were in the past, but they still offer a competitive value. Today, the median listing price is in the upper $400,000s, and the average sale price is $436,000, which is about $440 per square foot. Sales at higher price points have nearly doubled in the past several years, and more new listings are exceeding the $1 million mark than ever before.

Somerville Condos by Neighborhood

If you're searching for the affordable condos that put Somerville on the map, Union Square is a good place to start your search. Our agents see a variety of historic homes and modern lofts in this up-and-coming area. Union Square, Sullivan Square, Cobble Hill and East Somerville have the most affordable condos, but there are also some luxury options. Porter Square is a good mid-market area where you'll find two-bedroom condos at or just below the market rate.

Buyers who are looking for a condo with a prestigious address will find suitable options in West Somerville and around Davis Square. Another area to consider is Assembly Row, which has a diverse selection of ultra-modern condos and loft conversions.

If you're ready to move, let Boston City Properties find you the ideal condo in this diverse neighborhood. Our real estate agents will listen to your needs and work with you to find the right condo in the right neighborhood. We maintain a comprehensive list of available properties, and we'll send new listings your way as soon as we have the details. Use our web-based system to request more information about condos in Somerville and Boston's suburbs.

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