Housing Prices in Somerville, TX

How much do homes in Somerville, TX cost?

Median List Price

$248,000

$183/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$36,900(-13.0%)

Key Takeaway

The list price of homes in Somerville has decreased by 13% since last year.

Summary: The median home list price in Somerville was $248,000 in March 2024, down 13% from the previous year, and the median price per square foot was $183.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $88K$234.9K
+167.0%
2 $250K$219.7K
-12.1%
3 $286.9K$277.4K
-3.3%
4 $294K$239.9K
-18.4%
5+ $7.4M$899.9K
-88.0%

Summary: Somerville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 167%, 2 bedroom homes decreased by 12.1%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes decreased by 88%.

Housing Supply in Somerville, TX

How many homes are available in Somerville, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1623+43.8%

Summary: The Somerville real estate market had 23 homes for sale in March 2024, a 43.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 24
+100.0%
2 58
+60.0%
3 68
+33.3%
4 22
0.0%
5+ 11
0.0%

Summary: The Somerville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Somerville, TX

How long does it take to sell a home in Somerville, TX?

Average Listing Age

Mar 2023Mar 2024CHANGE
167 Days119 Days-28.8%

Summary: Homes in Somerville had an average listing age of 119 days in Mar 2024, down by 28.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Somerville, TX

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