Somerville Real Estate Market

Somerville Market

The median mortgage debt is $71,653.

Additional Statistics for Single Family Homes and Condos in Somerville, AL
$172,400
Median Listing Price
89
Median Days on Market
26
Active Listings
11.5%
Distressed Listings
(foreclosures and short sales)
Somerville, AL Price Trends - Sold vs. Listed
The median list price in May for single family homes in Somerville is $172,400. The list prices dropped by -12.1% from the previous month.

The median sale price in March for single family homes is $41,500. The sale prices dropped by -43.34% from the previous month.

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Somerville, AL Market Inventory Trends

The number of active listings in Somerville increased by 30% from the previous month.

The median number of days active properties have been listed is 89.

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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