Somerville, TX Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Somerville, TX is $286,000, up 46.7% year-over-year. Homes sell in an average of 77 days with 9 active listings. The market is currently a buyer's market.
$286,000median sale price
Homes sold
1
Last 12 weeks
Days on market
77
Average pace
Active listings
9
9.0 months supply
Sale-to-list
99.0%
Below asking
Somerville, TX market data
| Metric | Value |
|---|---|
| Median sale price | $286,000 |
| Median list price | $215,000 |
| Year-over-year price change | +46.7% |
| Average days on market | 77 days |
| Active inventory | 9 listings |
| Months of supply | 9.0 months |
| Sale-to-list price ratio | 99.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Somerville housing market is currently classified as a buyer's market with a median sale price of $286,000. Prices have risen 46.7% compared to last year, with homes spending an average of 77 days on market, indicating 9.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Somerville
There are currently 9 homes listed for sale in Somerville, Texas. The median listing price is $215K.
Active listings
9
Homes on market
Median list price
$215K
Avg. days on market
77
Days until sale
New this week
2
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 $286,000, up 46.7% from last year.
How long do homes stay on market in Somerville?
Homes typically spend 77 days on market before going under contract.
Is Somerville a buyer's or seller's market?
With 9.0 months of supply, Somerville is currently a buyer's market.
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