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Featured local agent — Somerville, TN
Sarah Mitchell
Compass Real Estate · Somerville, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Somerville, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$286,495median sale price
How is the Somerville, TN housing market right now?
The median home sale price in Somerville, TN is $286,495, up 32.6% year-over-year. Homes sell in an average of 154 days with 23 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Somerville a buyer's or seller's market?
Somerville, TN is currently a buyer's market, based on 11.5 months of supply and homes selling in about 154 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
154
Average pace
Active listings
23
11.5 months supply
Sale-to-list
98.5%
Below asking
What does the Somerville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $286,495 |
| Median list price | $482,000 |
| Year-over-year price change | +32.6% |
| Average days on market | 154 days |
| Active inventory | 23 listings |
| Months of supply | 11.5 months |
| Sale-to-list price ratio | 98.5% |
| Median price per sq ft | $130/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 8 |
| Listings with a price cut | 21.7% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Somerville by property type?
How the Somerville, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $286,495 | $130/sq ft | 2 | 154 days |
Source: Redfin · Updated monthly
The Somerville housing market is currently classified as a buyer's market with a median sale price of $286,495. Prices have risen 32.6% compared to last year, with homes spending an average of 154 days on market, indicating 11.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 9.7x provides context for how home values compare to local earning capacity.
Homes for sale in Somerville
There are currently 23 homes listed for sale in Somerville, Tennessee. The median listing price is $482K.
Active listings
23
Homes on market
Median list price
$482K
Avg. days on market
154
Days until sale
New this week
8
Newly listed
Who lives in Somerville?
Population
3,439
Median income
$31,063/yr
Median age
35.7 years
Owner-occupied
44.8%
College grads
13.0%
Avg commute
23.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Somerville?
Zillow home value
$301,218
Price-to-income
9.7x
Source: Zillow Research
What is it like to live in Somerville?
Somerville is a community of approximately 3K residents with a median age of 35.7 years.The median household income is $31,063, which represents a working-class community with solid middle-income opportunities. 13.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 44.8%, showing a blend of owner and renter-occupied properties. The average commute time is 23.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Somerville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Somerville?
4 schools tracked · 1,644 students
The largest public schools serving Somerville, TN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Fayette Ware Comprehensive High School
Grades 9-12 · 802 students
Buckley-Carpenter Elementary School
Grades PK-5 · 531 students
East Jr. High School
Grades 6-8 · 268 students
Barbara Ward Cooper Education Center
Grades 6-12 · 43 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Somerville, TN?
Want a head-to-head view? Compare Somerville side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Somerville?
The median home sale price in Somerville is $286,495, up 32.6% from last year.
How long do homes stay on market in Somerville?
Homes typically spend 154 days on market before going under contract.
What is the median income in Somerville?
The median household income is $31,063 per year.
Is Somerville a buyer's or seller's market?
With 11.5 months of supply, Somerville is currently a buyer's market.
What is the Zillow home value estimate for Somerville?
The Zillow Home Value Index (ZHVI) for Somerville is $301,218, representing the typical home value in the area.
How much does a single-family home cost in Somerville?
The median single-family home price in Somerville, TN is $286,495 (about $130 per square foot).
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