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Real Estate Prices & Overview

East Somerville median real estate price is $1,060,459, which is more expensive than 80.8% of the neighborhoods in Massachusetts and 91.2% of the neighborhoods in the U.S.

The average rental price in East Somerville is currently $4,199, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.4% of the neighborhoods in Massachusetts.

East Somerville is a densely urban neighborhood (based on population density) located in Somerville, Massachusetts.

East Somerville real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the East Somerville neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

Real estate vacancies in East Somerville are 4.5%, which is lower than one will find in 70.1% of American neighborhoods. Demand for real estate in East Somerville is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

The East Somerville neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 30,564 persons per square mile in the neighborhood, it is more packed with people than 97.0% of the nation's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the East Somerville neighborhood is one of the most walkable neighborhoods in America.

In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the East Somerville neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 45.6% of the real estate here is made up of such dwellings, which is higher than 97.9% of all U.S. neighborhoods.

Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 61.4% of the residential real estate in the East Somerville neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 96.9% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.5% of residents in the East Somerville neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 96.7% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, in the East Somerville neighborhood, 12.4% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 95.8% of the neighborhoods in America.

Finally, more people ride the bus in this neighborhood each day to get to work than 95.2% of U.S. neighborhoods.

Diversity

Did you know that the East Somerville neighborhood has more Brazilian and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.4% of this neighborhood's residents have Brazilian ancestry and 6.2% have Portuguese ancestry.

East Somerville is also pretty special linguistically. Significantly, 12.3% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the East Somerville neighborhood in Somerville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 72.2% of the neighborhoods in America. With 13.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 57.0% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the East Somerville neighborhood, 53.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 24.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.4%), and 10.0% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the East Somerville neighborhood is English, spoken by 55.3% of households. Other important languages spoken here include Spanish, Portuguese, French and Chinese.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the East Somerville neighborhood in Somerville, MA, residents most commonly identify their ethnicity or ancestry as Italian (11.8%). There are also a number of people of Irish ancestry (10.4%), and residents who report Asian roots (9.3%), and some of the residents are also of Portuguese ancestry (6.2%), along with some German ancestry residents (5.6%), among others. In addition, 34.5% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in East Somerville neighborhood spend between 30 and 45 minutes commuting one-way to work (42.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (39.2%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (12.4%) and 10.7% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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