Somerville, MA
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Operating Costs & Financing

    Average Loan-to-Value is 65.0%.

    Effective Property Tax $8.73 per sq ft
    Tax Rate (average for all types) 1.74%
    Avg Loan-to-Value 65.0%

    Property Size Breakdown

    Most commercial real estate listings in Somerville range between 25,000 - 50,000 sqft.

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Somerville.

    Leading Commercial Asset Segments

    Day care centers 1

    Somerville Demographics Overview

    Population 78K
    Population Growth (5Y) -0.3%
    Median Household Income $128,262

    Top Neighborhoods for Investment

    Discover the areas of Somerville with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    02145 $1.7M - 3.3M $2.5M
    02144 $3M - 3.5M $3.2M
    02143 $150K - 9M $4.6M

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