Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Somerton area can be challenging. Home prices in Somerton are now at a median cost of $236,245, higher than the Ohio average of $181,280.
The average cost of rent is $400/mo in Somerton, primarily driven by the current value of real estate in the Somerton area. While nearly 70.05% of residents own their homes outright in Somerton, 15.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Somerton is $6,071 per month. Households that rent pay about 6.59% of their income on rent here. Somerton's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Malaga, OH: less expensive homes
- Temperanceville, OH: equally priced homes
- Hunter, OH: less expensive homes
- Barnesville, OH: less expensive homes
- Jerusalem, OH: less expensive homes
- Miltonsburg, OH: less expensive homes
- Speidel, OH: less expensive homes
- Wilson, OH: less expensive homes
- Batesville, OH: less expensive homes
- Bethesda, OH: less expensive homes
Cities with Similar Populations
- Ridgeway, MN: higher priced homes
- Rawson, ND: higher priced homes
- Rays Crossing, IN: equally priced homes
- Rea, MO: less expensive homes
- Red Rock, AL: less expensive homes
- Redstone Arsenal, AL: less expensive homes
- Reeder, ND: less expensive homes
- Rek Hill, TX: equally priced homes
- Reliance, SD: less expensive homes
- Rexford, MS: less expensive homes
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