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Short Sale Listings in Somerton, AZ 85365

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Somerton, AZ Foreclosures

How much do homes sell for in Somerton, AZ?
The average home price is currently $266,735.
In Somerton, AZ, how many homes are available?
There are currently 361 active home listings available in Somerton.
What’s the average rental cost in Somerton, AZ?
The average rental price in Somerton is $1,008.
What is the most expensive home in Somerton?
The most expensive home sold in Somerton had a price of $2,517,773.
What is currently the cheapest priced home in Somerton, AZ?
The cheapest home for sale in Somerton is priced at $14,777.

Living in Somerton, AZ

Somerton, Arizona, is a quaint city known for its welcoming atmosphere and cultural diversity. It offers a peaceful lifestyle while being close to outdoor activities and essential amenities. The area is perfect for families, retirees, and anyone seeking a friendly community atmosphere.

Current Market Conditions in Somerton, AZ

The real estate market in Somerton is showing steady growth as demand for properties increases, partly due to its appealing lifestyle and affordability compared to neighboring areas. Home prices are relatively low, making it an attractive location for first-time buyers and investors alike.

In recent months, the residential property market has become increasingly competitive, with many homes receiving multiple offers. This trend reflects a growing interest in the region, driven by its affordability and quality of life.

Home Value Estimator For Somerton, AZ

There are currently 5,258 real estate properties in Somerton, AZ, with a median automated valuation model (AVM) price of $253,330.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Somerton, AZ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Somerton, AZ, is $266,735.00, with the most expensive house in Somerton, AZ, topping out at $2,517,773.00 and the cheapest home in Somerton, AZ, clocking in at $14,777.00. In other words, there’s something for every potential homebuyer or savvy investor in Somerton, AZ!

Rent Prices In Somerton, AZ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Somerton, AZ, is on a rollercoaster ride. The average rent price in Somerton, AZ, is $1,008.00. Indeed, when looking to rent in Somerton, AZ, you can expect to pay as little as $470.00 or as much as $2,800.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Somerton, AZ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Somerton, AZ 85365 Short Sale Listings


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