Somerville, AL
Housing market overview · Updated weekly
$257,500median sale price
Homes sold
2
Last 12 weeks
Days on market
19
Fast-moving
Active listings
5
2.5 months supply
Sale-to-list
103.7%
Above asking
The Somerville housing market is currently classified as a strong seller's market with a median sale price of $257,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 19 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Somerville
There are currently 5 homes listed for sale in Somerville, Alabama. The median listing price is $268K.
Active listings
5
Homes on market
Median list price
$268K
Avg. days on market
19
Days until sale
New this week
3
Newly listed
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Frequently asked questions
What is the average home price in Somerville?
The median home sale price in Somerville is $257,500, down 0.0% from last year.
How long do homes stay on market in Somerville?
Homes typically spend 19 days on market before going under contract.
Is Somerville a buyer's or seller's market?
With 2.5 months of supply, Somerville is currently a strong seller's market.
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