Somerton, AZ—85350
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Somerton, AZ
As of Oct '25, the median home price in Somerton, AZ is $266,000, with a year-over-year change of 3.3%. This indicates that home prices in Somerton, AZ are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $266,000 | 3.3% |
| Single Family | $266,000 | 3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $210,000 | 4.0% |
3 Bed | $264,000 | 3.1% |
4 Bed | $290,000 | 2.8% |
| 5 Bed | $273,000 | 3.0% |
% of Housing Stock
Rental Trends — Somerton, AZ
As of July '25, Rentcast reports the average rent in Somerton, AZ is $1,730, with a year-over-year rent change of 32.1%. Per bedroom, the median rent as of July '25 in Somerton, AZ is 2-bedrooms: $1,150, 3-bedrooms: $1,890. The most common rental property sizes in Somerton, AZ are 3-bedroom and studio, accounting for 48.2% and 29.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,730 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,100 | $1,150 |
| 3 Bed Rent | $1,700 | $1,890 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Somerton, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Somerton, AZ is 61. This is a increase of 50.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $384,000 | -1.0% |
Listing Count | 24 | -10.0% |
| Listings as % of Homes | 0.4% | -10.0% |
Days on Market | 61 | 50.0% |
Demographics — Somerton, AZ
As of the latest ACS Survey released in 2023, Somerton, AZ has a population of 19,300, which has decreased by -13.6% over the past 5 years. Somerton, AZ is a popular place for families, as children make up 28.9% of the population. The area has a poorly educated workforce, with 15.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,300 | -13.6% |
% Under 18 | 28.9% | -4.6% |
% Seniors | 10.5% | 34.6% |
% WFH | 5.4% | 500.0% |
% w/ College Degree | 15.0% | 61.3% |
As of the latest ACS Survey released in 2023, Somerton, AZ is a predominantly hispanic area, with 90.8% of the population identifying as hispanic. The hispanic population has grown by 4.4% in the last 5 years. The second most common race or ethnicity in Somerton, AZ is white, making up 5.3% of the population. Foreign-born residents account for 36.7% of the population in Somerton, AZ, and this percentage has increased by 6.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 5.3% | -35.4% |
% Black | 0.3% | -88.0% |
% Hispanic | 90.8% | 4.4% |
% Asian | 0.1% | -85.7% |
% Foreign Born | 36.7% | 6.1% |
Mortgage and Risk — Somerton, AZ
According to HUD data as of 2023, there were 143 mortgage originations in Somerton, AZ, of which 50.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Somerton, AZ. Investor activity is low, as 1.0% of loans were by investors. 32.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 143 |
% Conventional Loans | 50.0% |
% Government Loans | 50.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 32.0% |
Loan Activity
Rentals and Section 8 — Somerton, AZ
Somerton, AZ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 276 |
Total Units Section 8 | 148 |
% Rentals under Section 8 | 9.3% |
% Occupied Section 8 | 97.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,070 |
| 2 Bedroom | $300 | $1,100 | $1,400 |
| 3 Bedroom | $210 | $1,700 | $1,910 |
| 4 Bedroom | N/A | N/A | $2,350 |
Affordability — Somerton, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $266,000 |
| Median Household Income | $72,100 |