Somervell County's January First-Time Homebuyer Report

Somervell County has a cost of living adjustment score of 92.4, which is very expensive when compared to others in Texas. Also, the area is considered very affluent with a median income of $55,002 per household. The three zip codes with the largest populations are 76048, 76043, and 76433. Somervell County is made up of homes that are considered of moderate age with a median of 23 years. The top school in the county is Morgan Mill Elementary School.

Price Range

Homes in Somervell County are generally more expensive than others in the state with a median home value of $132,300 and an average list price of $156,189. Home sales in the Somervell County market remained soft in this week's report as they fell 25.0% to six homes sold over the last 30 days.

Curious as to which homes have been getting the most attention in Somervell County? These listings have stirred up interest and produced the most views:

$259K   $120K   $899K  

Typical Dwelling

The typical dwelling in Somervell County is a three-bedroom detached home worth about $348,434. To purchase a similar home, a buyer with good credit and a $69,687 cash down payment could obtain a mortgage with a 3.95% interest rate and a $794 monthly payment. The property tax rate is $5.95 per $1,000 of taxable assessed value.

Get started right now by checking out Somervell County homes for sale or reviewing Somervell County real estate trends.


Data reported through 1/12/2017

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Ask a local expert about this area:
Keller Williams Realty
Snapped 1 home in this area

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