Here’s What $550,000 Buys in Cambridge and Somerville Right Now

Hint: It's not very much.

If you lived somewhere else—somewhere far, far away—$550,000 might buy you a generously sized house with a yard and maybe a garage. But in Cambridge and Somerville, that price tag won’t get you a house at all. Rather, $550,000 is the price of an awfully small condo. Like, less than 900 square feet small.

If you’re house-hunting despite the unfortunate state of the market these days, we’ve rounded up a few options. Ahead, check out what about $550,000 buys in Cambridge and Somerville (if you don’t pay over asking price, that is).

Photo via Benoit Real Estate Group

1. A Two-Bedroom in Teele Square
100 Woodstock Street #3, Somerville
Price: $550,000
Size: 881 square feet
Bedrooms: 2
Baths: 1

Photo via Gibson Sotheby’s International Realty

2. A Pint-Sized Pad Near Lechemere
31 Fulkerson Street #2, Cambridge
Price: $525,000
Size: 636 square feet
Bedrooms: 2
Baths: 1

Photo via Compass

3. A Condo in an Antique Building
7 Florence Street #1, Cambridge
Price: $549,000
Size: 742 square feet
Bedrooms: 1
Baths: 1

Photo via Coldwell Banker Residential Brokerage

4. A Stylish Spot in the South End
435 Washington Street #206, Somerville
Price: $549,000
Size: 775 square feet
Bedrooms: 1
Baths: 1