Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Somerdale area can be challenging. Home prices in Somerdale are now at a median cost of $206,122, lower than the New Jersey average of $388,929.
The average cost of rent is $1,329/mo in Somerdale, primarily driven by the current value of real estate in the Somerdale area. While nearly 23.28% of residents own their homes outright in Somerdale, 18.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in Somerdale is $7,015 per month. Households that rent pay about 18.94% of their income on rent here. Somerdale's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Hi-Nella, NJ: less expensive homes
- Stratford, NJ: less expensive homes
- Magnolia, NJ: higher priced homes
- Lawnside, NJ: equally priced homes
- Echelon, NJ: equally priced homes
- Laurel Springs, NJ: equally priced homes
- Tavistock, NJ: less expensive homes
- Glendora, NJ: less expensive homes
- Barrington, NJ: equally priced homes
- Clementon, NJ: less expensive homes
Cities with Similar Populations
- Crosswicks, NJ: higher priced homes
- Denton, MD: higher priced homes
- Demorest, GA: less expensive homes
- Delphos, OH: less expensive homes
- Delano, MN: higher priced homes
- Delafield, WI: higher priced homes
- Dadeville, AL: higher priced homes
- Curtis Bay, MD: higher priced homes
- Cuero, TX: less expensive homes
- Crownsville, MD: higher priced homes
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