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Multi-family Foreclosures in Somerville, OH

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Somerville, OH Foreclosures

How much do homes sell for in Somerville, OH?
The average home price is currently $291,537.
In Somerville, OH, how many homes are available?
There are currently 6 active home listings available in Somerville.
What’s the average rental cost in Somerville, OH?
The average rental price in Somerville is $1,300.
What is the most expensive home in Somerville?
The most expensive home sold in Somerville had a price of $1,074,318.
What is currently the cheapest priced home in Somerville, OH?
The cheapest home for sale in Somerville is priced at $15,914.

Living in Somerville, OH

Somerville, OH is a charming small village known for its friendly community and serene environment. Residents can enjoy a variety of outdoor activities and easy access to urban amenities. The village is perfect for families and individuals seeking a close-knit community atmosphere.

Current Market Conditions in Somerville, OH

The real estate market in Somerville has shown steady growth over the past few years, with an increasing number of buyers interested in the area, drawn by its quaint charm and affordability compared to neighboring towns. Homes in Somerville tend to sell quickly, reflecting a healthy demand but still providing opportunities for buyers who are willing to act fast.

Currently, houses in Somerville are reasonably priced, with many listings appealing to first-time homebuyers and families. The market's affordability, combined with the community's attractive qualities, continues to bring new residents and boost real estate investment in the area.

Home Value Estimator For Somerville, OH

There are currently 1,036 real estate properties in Somerville, OH, with a median automated valuation model (AVM) price of $254,417.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Somerville, OH, 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 Somerville, OH, is $291,537.00, with the most expensive house in Somerville, OH, topping out at $1,074,318.00 and the cheapest home in Somerville, OH, clocking in at $15,914.00. In other words, there’s something for every potential homebuyer or savvy investor in Somerville, OH!

Rent Prices In Somerville, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Somerville, OH, is on a rollercoaster ride. The average rent price in Somerville, OH, is $1,300.00. Indeed, when looking to rent in Somerville, OH, you can expect to pay as little as $650.00 or as much as $2,620.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Somerville, OH -- 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.

Somerville, OH Multi-family Homes


Market Trend for Somerville, OH

Total Listings Available: 6

Market Values:

Home Prices from $15,914 to $1,074,318

Average Sales Price: $291,537

Rental Values:

Rental from $650 to $2,620

Average Rent Value: $1,300 / month

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