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 $203,085, lower than the Manchester average of $252,934.
The average cost of rent is $1,092/mo in Somerville, primarily driven by the current value of real estate in the Somerville area. While nearly 17.88% of residents own their homes outright in Somerville, 65.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in Somerville is $4,829 per month. Households that rent pay about 22.61% of their income on rent here. Somerville's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Hallsville, Manchester, NH: higher priced homes
- Kalivas Union, Manchester, NH: higher priced homes
- Bakersville, Manchester, NH: higher priced homes
- Downtown, Manchester, NH: higher priced homes
- Highlands, Manchester, NH: higher priced homes
- Piscataquog, Manchester, NH: less expensive homes
- Straw-Smyth, Manchester, NH: higher priced homes
- Youngsville, Manchester, NH: higher priced homes
- Rimmon Heights, Manchester, NH: higher priced homes
- Wellington, Manchester, NH: higher priced homes
Neighborhoods with Similar Populations
- Hudson Avenue Historic District, Newark, OH: less expensive homes
- Taylor, Cedar Rapids, IA: less expensive homes
- Swan, Grand Rapids, MI: less expensive homes
- Stockade District, Kingston, NY: higher priced homes
- Stanwood Park, South Portland, ME: higher priced homes
- Skies West, Albuquerque, NM: less expensive homes
- McGirts Creek, Jacksonville, FL: less expensive homes
- Lynwood Hills, Chula Vista, CA: higher priced homes
- Lower 9th Ward, New Orleans, LA: less expensive homes
- Lincoln Park, Milwaukee, WI: less expensive homes
All Local Stats
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