US5.com
  1. Home
  2. States
  3. Massachusetts
  4. ZIP 02144
  5. Housing & Real Estate
Somerville city, MA

ZIP 02144 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 02144

Median Home Value
$987,000
Median Rent
$2,507
Affordability Snapshot
$272,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$6,340/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

7.0x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

32.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 02144 in Somerville city, MA, a household would need roughly $272,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $6,340. That is about 93% above the local median household income ($140,591), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
38.0%-42% vs US avg
x
Vacancy Rate
5.6%-46% vs US avg
x
Broadband Access
93.8%+8% vs US avg
x
4+ Bedrooms
3.8%-74% vs US avg
x
Built Pre-1939
6.5%-49% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
17.1%-66% vs US avg
x
Mortgage-Free
34.6%-9% vs US avg
x
$987,000
Home Value
$2,507
Rent
1938
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached11.2%
  • 1-unit attached4.1%
  • 2-9 units68.6%
  • 10+ units16.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$987,000
Median rent$2,507
Owner-occupied38.0%
Vacant5.6%
Price-to-income7.0x
Est. income to buy$272,000