Somerville, TX—77879
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Somerville, TX
As of Oct '25, the median home price in Somerville, TX is $201,000, with a year-over-year change of -2.7%. This indicates that home prices in Somerville, TX are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $201,000 | -2.7% |
| Single Family | $204,000 | -1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $258,000 | 2.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Somerville, TX
As of July '25, Rentcast reports the average rent in Somerville, TX is $1,640, with a year-over-year rent change of 35.5%. Per bedroom, the median rent as of July '25 in Somerville, TX is 1-bedrooms: $1,330, 2-bedrooms: $1,450, 3-bedrooms: $2,190, 4-bedrooms: $1,800. The most common rental property sizes in Somerville, TX are 1-bedroom and 3-bedroom, accounting for 36.4% and 27.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,640 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,330 |
| 2 Bed Rent | $1,500 | $1,450 |
| 3 Bed Rent | $2,300 | $2,190 |
| 4 Bed Rent | $1,800 | $1,800 |
% of Rental Stock
Property Listings — Somerville, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Somerville, TX is 97. This is a decrease of -12.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $307,000 | 13.0% |
Listing Count | 57 | 27.0% |
| Listings as % of Homes | 1.1% | 27.0% |
Days on Market | 97 | -12.0% |
Demographics — Somerville, TX
As of the latest ACS Survey released in 2023, Somerville, TX has a population of 4,780, which has decreased by -14.5% over the past 5 years. Somerville, TX is a moderately popular place for families, as children make up 15.7% of the population. The area has a moderately educated workforce, with 25.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,780 | -14.5% |
% Under 18 | 15.7% | -19.1% |
% Seniors | 26.7% | 19.7% |
% WFH | 15.7% | ∞% |
% w/ College Degree | 25.4% | 49.4% |
As of the latest ACS Survey released in 2023, Somerville, TX is a predominantly white area, with 58.7% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Somerville, TX is hispanic, making up 22.8% of the population. Foreign-born residents account for 8.0% of the population in Somerville, TX, and this percentage has increased by 66.7% 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 | 58.7% | -5.9% |
% Black | 14.0% | -6.0% |
% Hispanic | 22.8% | 14.6% |
% Asian | 3.0% | ∞% |
% Foreign Born | 8.0% | 66.7% |
Mortgage and Risk — Somerville, TX
According to HUD data as of 2023, there were 121 mortgage originations in Somerville, TX, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 88.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Somerville, TX. Investor activity is low, as 7.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 121 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 7.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Somerville, TX
As of 2024, the percent of homes in Somerville, TX under the Section 8 program is 0.9%. 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. In Somerville, TX, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$480 | $1,500 | $1,020 |
| 2 Bedroom | -$370 | $1,500 | $1,130 |
| 3 Bedroom | -$720 | $2,300 | $1,580 |
| 4 Bedroom | -$50 | $1,800 | $1,750 |
Affordability — Somerville, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $201,000 |
| Median Household Income | $70,800 |