Comprehensive market data and analysis• Updated Oct 2026
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 4 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 1 | 4 |
Acreage buckets
The median price for land in Somerville, Massachusetts is currently $9.6M per acre. For a typical parcel, the median sale price is $733K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $532K while premium lots reached $1.0M.
Land in Somerville, Massachusetts averages $9.4M per acre. The median price per acre is $9.6M, which may be more representative of typical transactions. Most parcels sold are around 3,323 sq ft.
Over the past 12 months, Somerville, Massachusetts saw 4 properties sold, totaling $3.1M in sales volume.
The top-performing broker in this market is LAER Realty Partners.
The median land price in Somerville, Massachusetts stands at $733K. This translates to roughly $9.6M per acre for the typical parcel size. The average price is $770K, indicating some higher-priced properties pulling up the average.
The 12-month rate is 16.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Somerville, Massachusetts typically sells within 102 days of listing. The median time on market is 99 days. Properties are moving at a moderate pace in the current strong buyer's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Somerville on LandyDandy.
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