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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 $168,067, lower than the Texas average of $322,096.
The average cost of rent is $1,365/mo in Somerville, primarily driven by the current value of real estate in the Somerville area. In Somerville, 18.20% of households rent, and 69.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Somerville is $4,802 per month. Households that rent pay about 28.43% of their income on rent here. Somerville’s most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lyons, TX: higher priced homes
- Clay, TX: equally priced homes
- Wilcox, TX: less expensive homes
- Gay Hill, TX: higher priced homes
- Winedale, TX: higher priced homes
- Snook, TX: equally priced homes
- Hogg, TX: higher priced homes
- Independence, TX: higher priced homes
- Dime Box, TX: equally priced homes
- Sandy Hill, TX: higher priced homes
Cities with Similar Populations
- Star City, AR: less expensive homes
- Steens, MS: equally priced homes
- Thomasville, AL: less expensive homes
- Thomasville, PA: higher priced homes
- Steelville, MO: less expensive homes
- Thorndale, PA: higher priced homes
- St. Charles, MI: equally priced homes
- St. Charles, MN: higher priced homes
- Thornton, PA: higher priced homes
- Thorntown, IN: higher priced homes
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