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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $88K | $234.9K | +167.0% |
2 Bedrooms | $250K | $219.7K | -12.1% |
3 Bedrooms | $286.9K | $277.4K | -3.3% |
4 Bedrooms | $294K | $239.9K | -18.4% |
5+ Bedrooms | $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 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 23 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 5 | 8 | +60.0% |
3 Bedrooms | 6 | 8 | +33.3% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 1 | 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 2023 | Mar 2024 | CHANGE |
---|---|---|
167 Days | 119 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.