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 $485,798, higher than the Virginia average of $323,261.
The average cost of rent is $1,814/mo in Somerville, primarily driven by the current value of real estate in the Somerville area. While nearly 27.66% of residents own their homes outright in Somerville, 6.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Somerville is $9,978 per month. Households that rent pay about 18.18% of their income on rent here. Somerville's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Goldvein, VA: equally priced homes
- Midland, VA: less expensive homes
- Sumerduck, VA: less expensive homes
- Ruby, VA: less expensive homes
- Aden, VA: equally priced homes
- Garrisonville, VA: less expensive homes
- Catlett, VA: equally priced homes
- Calverton, VA: less expensive homes
- Stafford, VA: less expensive homes
- Hartwood, VA: less expensive homes
Cities with Similar Populations
- Arabi, GA: less expensive homes
- Wilcox, PA: less expensive homes
- Bowlegs, OK: less expensive homes
- Bondville, VT: less expensive homes
- Blue Hill, NE: less expensive homes
- Wilmington, NY: less expensive homes
- Winn, MI: less expensive homes
- Bevier, MO: less expensive homes
- Bernard, IA: less expensive homes
- Bastrop Beach, TX: less expensive homes
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