Home prices
The median home in Somerville costs $90,800. It is about $43,380 (32%) lower compared to the surrounding areas.In comparison to the country as a whole it is about $126,700 (58%) lower, and compared to the city of Birmingham it is is very similar.
Rents
In Somerville the median rent is $594 per month. It is approximately $139 (18%) lower in comparison to nearby areas.It is approximately $468 (44%) lower in comparison to the US as a whole, and it is about $243 (29%) lower in comparison to the city of Birmingham.
Nearby places
Hartselle
Hartselle is about 7 miles west from Somerville. Housing prices there are a lot more expensive. The median home in Hartselle costs $148,600, which is $57,800 (38%) higher than Somerville. The rent there is a bit more expensive. In Hartselle the median rent is $681 per month, which works out to $87 (12%) higher than Somerville.
Falkville
Falkville is about 8 miles southwest from Somerville. Its real estate prices are pretty similar. The value of the median home in Falkville is $86,800, which comes out to $4,000 (4%) lower than Somerville. Rent there is a little more expensive. In Falkville the median monthly rent is $692, which comes out to $98 (14%) higher than Somerville.
Triana
Triana is roughly 9 miles north from Somerville. The real estate prices there are a lot more expensive. The median home in Triana costs $139,500, which comes out to $48,700 (34%) higher than Somerville. Rent there is substantially more expensive. Triana's median monthly rent is $1,051, which is $457 (43%) higher than Somerville.
Decatur
Decatur is roughly 12 miles northwest of Somerville. Housing prices there are significantly more expensive. The median home cost in Decatur is $134,500, which works out to $43,700 (32%) higher than Somerville. Rent there is somewhat more expensive. In Decatur the median monthly rent is $655, which comes out to $61 (9%) higher than Somerville.
Fairview
Fairview is about 16 miles south from Somerville. The housing prices there are a lot more expensive. Fairview's median home price is $161,500, which is $70,700 (43%) higher than Somerville. Rents there are similar. In Fairview the median rent is $585 per month, which is $9 (1%) lower than Somerville.
