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 $186,177, higher than the Ohio average of $181,280.
The average cost of rent is $915/mo in Somerville, primarily driven by the current value of real estate in the Somerville area. While nearly 41.03% of residents own their homes outright in Somerville, 13.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in Somerville is $6,576 per month. Households that rent pay about 13.92% of their income on rent here. Somerville's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- West Elkton, OH: equally priced homes
- Camden, OH: less expensive homes
- Seven Mile, OH: equally priced homes
- Gratis, OH: equally priced homes
- Morning Sun, OH: less expensive homes
- Overpeck, OH: less expensive homes
- Trenton, OH: less expensive homes
- Enterprise, OH: equally priced homes
- Oxford, OH: higher priced homes
- New Miami, OH: less expensive homes
Cities with Similar Populations
- Addison, NY: less expensive homes
- Breckenridge, MN: less expensive homes
- Cockrell Hill, TX: less expensive homes
- Cordova, SC: less expensive homes
- Summerset, SD: higher priced homes
- Henrietta, TX: less expensive homes
- Oakridge, OR: equally priced homes
- Pisgah, AL: less expensive homes
- Sardis, MS: less expensive homes
- Sharpsburg, MD: higher priced homes
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