Housing in Somerville, TN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$537,450
Median List Price
$309,950
Price Per Sq Ft
$170
Days on Market
199
Active Inventory
10
Months of Supply
5.0
Balanced market
Zillow Home Value
$288,729
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
98.9%
Buyer's market
Market Activity
Source: RedfinHomes Sold
2
New Listings
10
Pending Sales
5
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$170
Median List $/SF
$140
Somerville vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Somerville is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$301,400
Median Rent
$645
Total Housing Units
1,392
Vacancy Rate
9.7%
Owner Occupied
44.8%
Renter Occupied
55.2%
Median Property Tax
$848
per year
Monthly Cost (w/ Mortgage)
$1,044
Housing Types
The current median sale price in Somerville, TN is $537,450 according to Redfin data. Homes spend a median of 199 days on the market. 0.0% of homes sold above asking price. The market has 5.0 months of supply. The median price per square foot is $170. The median rent is $645 per month (Census ACS). About 44.8% of housing units are owner-occupied. The median year homes were built is 1977. There are 1,392 total housing units.