With only 0.3 months of inventory, Somerville remains a seller's market. The median home price in Somerville currently stands at $180,000. At the current pace, all available homes in Somerville would sell out in just 0.3 months, indicating a continued supply shortage. Homes are taking about 162 days to sell, which is NaN days longer than this time last year. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Somerville market with the affordability index at 1184.2. Looking ahead, the Somerville market is expected to maintain its current trajectory with relatively stable conditions.