Homes for Sale in Prospect Hill, Somerville, MA
Prospect Hill is a mixed-use neighborhood that’s mostly residential located in the very heart of Somerville, MA. The neighborhood sits next to a couple of major roadways, including Highland Avenue to the north, McGrath Highway to the east, and Somerville Avenue to the south. The suburb is known for the iconic Prospect Hill Monument or Prospect Hill Tower, an old stone tower monument built on top of a site with significance in both the Revolutionary War and Civil War. The structure itself was built in 1904 and currently flies the Grand Union Flag, reportedly the flag that George Washington hoisted on the site. The community of Prospect Hill, as the name implies, is built on top of a hill. There are lots of spots throughout the neighborhood that offers scenic views of the surrounding city skyline. If you’re lucky enough to buy a property that has one of these views, you’ll surely love looking at the sunrise come in as it lights up the entire city.
Prospect Hill is a well-developed neighborhood with all the conveniences a family would want. Schools are plentiful in the area, including Somerville High School, which sits directly north of the suburb. Public parks are plentiful in the area, and there’s a thriving commercial center to its south centered along Somerville Avenue.
Real Estate in Prospect Hill includes a mix of single-family and multi-family homes that feature the classic New England Cottage-style design common throughout Boston. These houses feature steepled roofs, Hardiplank walls, Edwardian facades with three windows on each level, and brick foundations with a basement underneath. Home builds typically feature multi-level layouts, with some larger residences having as high as four or five floors. The larger houses in the community can be used as apartments generating potential revenue for buyers looking to invest in the area. Prices of properties in the neighborhood range between $800,000 to $1.5 million. These homes typically have 1,100 to 2,800 sqft in living space and come with two to five-bedroom builds.
Market Overview
Somerville Real Estate Information
Median Home Price
$879,000
Median Sale Price
$840,000
Median Price Per Sqft
$579
Number of Households
32,802
Median Days in Market
85
Median Rent
$2,600
What's To Love
You have to check out the Prospect Hill Monument at sunset. The City of Somerville has done a lot to revitalize the park surrounding the historical monument. Many of the homes in this section have been exceptionally well maintained and keep a boast historical charm. NU Kitchen is an excellent health-oriented cafe that you’ll adore!
What's Not To Love
The hills...really, they come out of nowhere! Remember this next time you go out for a casual jog.
Is it for me?
Who is this neighborhood for
Great for people who love what Union Square has to offer, don’t mind a walk, and use the MBTA Green Line Extension (GLX) to commute for work
Find Your Home
Latest homes for sale in Prospect Hill
$1,249,900
15 Grand View Ave 1
$1,008,000
14 Hillside Park 5
$659,999
30 Summer St 1
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Meet the locals
Who Lives in Somerville
Population
81,366
Median Age
31.3
Median Household Income
$117,141
Home Ownership Percentage
33.6%
Education: Associates Degree or Higher
67.65%
Cost of Living Score
169.9
Entertainment
Things to do in Prospect Hill
Prospect Hill Park
A lovely outdoor space featuring lovely fields, mature trees, and an iconic stone tower.
Bow Market
Trendy shopping mall with boutique stores, cafes, and art galleries.
Somerville Community Growing Center
Community garden occupying a quarter-acre lot promoting eco-friendly training programs.
Nunziato Field and Dog Park
Pet-friendly park with a fenced area where you can let your dogs run around leash-free.
Education
Schools in Prospect Hill
School Name | Grades | Admission |
---|---|---|
East Somerville Community School | K – 8 | Public |
Somerville High School | 9 – 12 | Public |