Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Somerville area can be challenging. Home prices in Somerville are now at a median cost of $115,770, lower than the Indiana average of $175,617.
The average cost of rent is $922/mo in Somerville, primarily driven by the current value of real estate in the Somerville area. While nearly 52.32% of residents own their homes outright in Somerville, 7.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Somerville is $4,900 per month. Households that rent pay about 18.82% of their income on rent here. Somerville's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Mackey, IN: equally priced homes
- Oakland City, IN: equally priced homes
- Francisco, IN: equally priced homes
- Enos Corner, IN: higher priced homes
- Lynnville, IN: higher priced homes
- Spurgeon, IN: higher priced homes
- Douglas, IN: equally priced homes
- Wheatonville, IN: higher priced homes
- Elberfeld, IN: higher priced homes
- Fort Branch, IN: higher priced homes
Cities with Similar Populations
- Mount Carmel, MS: less expensive homes
- Orffs Corner, ME: higher priced homes
- Orange, NH: higher priced homes
- Opelika, TX: equally priced homes
- Oneida, KY: less expensive homes
- Oneida Castle, NY: higher priced homes
- Nutria, CO: higher priced homes
- New Limerick, ME: higher priced homes
- New Freeport, PA: equally priced homes
- Nashua, MT: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood