Somerville Real Estate Market

Somerville Market

The median mortgage debt is $71,653.

Additional Statistics for Single Family Homes and Condos in Somerville, AL
$159,900
Median Listing Price
99
Median Days on Market
26
Active Listings
7.7%
Distressed Listings
(foreclosures and short sales)
Somerville, AL Price Trends - Sold vs. Listed

Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).

By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Some sales are not immediately available from public records. As they become available, the data are updated.

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Somerville, AL Market Inventory Trends

The median number of days active properties have been listed is 99.

The number of sales in March dropped by 50% from the previous month.

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Somerville, AL Property Ownership

The percent of owner occupied properties in Somerville is 11.18% above the national average.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.