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 $257,850, lower than the Philadelphia average of $296,499.
The average cost of rent is $1,101/mo in Somerton, primarily driven by the current value of real estate in the Somerton area. While nearly 43.89% of residents own their homes outright in Somerton, 49.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Somerton is $4,958 per month. Households that rent pay about 22.21% of their income on rent here. Somerton's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- Bustleton, Philadelphia, PA: equally priced homes
- Byberry, Philadelphia, PA: less expensive homes
- Feasterville, Feasterville-Trevose, PA: higher priced homes
- Torresdale, Philadelphia, PA: less expensive homes
- Stanwood, Bensalem, PA: higher priced homes
- Academy Gardens, Philadelphia, PA: less expensive homes
- Rhawnhurst, Philadelphia, PA: less expensive homes
- Fox Chase-Burholme, Philadelphia, PA: equally priced homes
- Andalusia, Bensalem, PA: equally priced homes
- Holmesburg, Philadelphia, PA: less expensive homes
Neighborhoods with Similar Populations
- Northwest, Reno, NV: higher priced homes
- Aliamanu, Honolulu, HI: higher priced homes
- Capitol, Madison, WI: higher priced homes
- Deanwood, Washington, DC: higher priced homes
- East Las Vegas, Las Vegas, NV: less expensive homes
- Mililani Waipio Melemanu, Mililani, HI: higher priced homes
- West Lawn, Chicago, IL: less expensive homes
- The Colony, Anaheim, CA: higher priced homes
- Southwest Arlington, Arlington, TX: equally priced homes
- Silver Lake, Eastmont, WA: higher priced homes
All Local Stats
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