Somers, CT 06071 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Somers, CT—06071

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$474,000

2.8% YoY Growth

Household Income

$116,000

10.1% YoY Growth

Days on Market

22.0% Shorter YoY

Home Price Forecast

2.1%

Median Rent

$2,200

N/A

1-Bed Rent

$2,400

N/A

2-Bed Rent

$1,400

N/A

3-Bed Rent

$2,200

N/A

Home Price Trends — Somers, CT

As of May '26, the median home price in Somers, CT is $474,000, with a year-over-year change of 2.8%. This indicates that home prices in Somers, CT are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$474,000	2.8%
Single Family	$470,000	2.8%
Condos	$508,000	5.2%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Somers, CT

Somers, CT lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$2,200	$2,210
Studio Rent	N/A	N/A
1 Bed Rent	$2,400	$2,400
2 Bed Rent	$1,400	$1,400
3 Bed Rent	$2,200	$2,200
4 Bed Rent	$2,850	$2,850

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% of Rental Stock

Studio

6.3%

1 Bedroom

34.7%

2 Bedrooms

23.8%

3 Bedrooms

21.6%

4 Bedrooms

13.7%

Property Listings — Somers, CT

As of May '26, Realtor.com reports that the median days on market for a home in Somers, CT is 31. This is a decrease of -22.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$600,000	11.0%
Listing Count	22	-16.0%
Listings as % of Homes	0.9%	-16.0%
Days on Market	31	-22.0%

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Demographics — Somers, CT

As of the latest ACS Survey released in 2023, Somers, CT has a population of 10,600, which has decreased by -6.5% over the past 5 years. Somers, CT is a moderately popular place for families, as children make up 21.5% of the population. The area has a moderately educated workforce, with 37.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	10,600	-6.5%
% Under 18	21.5%	30.3%
% Seniors	20.1%	0.5%
% WFH	15.5%	187.0%
% w/ College Degree	37.2%	7.8%

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As of the latest ACS Survey released in 2023, Somers, CT is a predominantly white area, with 84.0% of the population identifying as white. The white population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Somers, CT is hispanic, making up 5.6% of the population. Foreign-born residents account for 4.1% of the population in Somers, CT, and this percentage has decreased by 24.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	84.0%	-0.6%
% Black	4.5%	-33.8%
% Hispanic	5.6%	-8.2%
% Asian	0.0%	-100.0%
% Foreign Born	4.1%	-24.1%

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Mortgage and Risk — Somers, CT

According to HUD data as of 2023, there were 192 mortgage originations in Somers, CT, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Somers, CT. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	192
% Conventional Loans	89.0%
% Government Loans	11.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Somers, CT

As of 2024, the percent of homes in Somers, CT under the Section 8 program is 4.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Somers, CT, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	19
Total Units Section 8	19
% Rentals under Section 8	4.9%
% Occupied Section 8	73.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$1,140	$2,400	$1,260
2 Bedroom	$200	$1,400	$1,600
3 Bedroom	-$270	$2,200	$1,930
4 Bedroom	-$560	$2,850	$2,290

Somers, CT—06071

Key Metrics at a Glance

Home Price Trends — Somers, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Somers, CT

% of Rental Stock

Property Listings — Somers, CT

Demographics — Somers, CT

Race and Ethnicity

Mortgage and Risk — Somers, CT

Mortgages

Rentals and Section 8 — Somers, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Somers, CT

Home Price to Income Ratio

Somers, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Hampden, MA

East Longmeadow, MA

Ellington, CT

Enfield, CT

Sixteen Acres, Springfield, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$474,000
Median Household Income	$116,000

Somers, CT—06071

Key Metrics at a Glance

Home Price Trends — Somers, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Somers, CT

% of Rental Stock

Property Listings — Somers, CT

Demographics — Somers, CT

Race and Ethnicity

Mortgage and Risk — Somers, CT

Mortgages

Rentals and Section 8 — Somers, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Somers, CT

Home Price to Income Ratio

Somers, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Hampden, MA

East Longmeadow, MA

Ellington, CT

Enfield, CT

Sixteen Acres, Springfield, MA

Frequently Asked Questions

What is the average home price in Somers, CT 06071?

How have home prices in Somers, CT 06071 changed over the past year?

What is the home price projection for Somers, CT 06071?

What are the demographics of Somers, CT 06071?

How long does it take homes to sell in Somers, CT 06071?

What is the average rent price in Somers, CT 06071?