08876 Home Values & Market Trends
There are 174 homes currently listed for 08876. 08876 real estate market trends show that home prices range from $315,000 to $1,545,000, and the median sales price in the 08876 zip code is $592,155. The total number of properties sold within the past twelve months is 209. In 08876, 39 properties are in foreclosure, 0 are bank owned properties,and 4 are headed for auction.
08876 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Somerville | $ 570,779 $ 382/sqft |
Housing Market Summary for 08876
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $585K | $600K | 2.56% |
| Median Sold Price | $608.7K | $575K | -5.54% |
| Homes For Sale | 107 | 173 | 61.68% |
| Homes Sold | 129 | 69 | -46.51% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 08876
Browse Homes in 08876
The median list price of a home in Somerville, is $592,155. A total of 174 properties are for sale, and the percentage of properties for sale in the zip code is 174.00%. The total count of 08876 properties is 318.
- Pre-ForeclosurePre-foreclosure homes account for 11.01% of all residential properties in 08876 with somerville containing 20 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 08876; of that cities, the estimated home value for pre-foreclosure homes ranges from $903,706 in somerville to the lowest home value of $315,000 in somerville.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 08876 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 08876. There is 1 cities within 08876; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionssomerville has 4 auction properties, the highest number of properties going to auction in a single city in the state of 08876. Auction homes and other auction properties account for 1.26% of all properties in 08876. There is 1 cities within 08876; of that cities, the median estimated home value for homes going to auction ranges from $650,359 in somerville to the lowest value of $485,342 in somerville.
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Guide for 08876
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
