October's First-Time Homebuyer Report for Somerton

Somerton is a neighborhood in Philadelphia with a median income of $56,726 per household. On top of being very affluent, it also ranks as the second-youngest with a median age of 47 years. The Somerton market mostly consists of detached houses, accounting for 56% of the current homes in the area. The best school in the neighborhood is Mast Community Charter School.


If you are interested in some outdoor fun, Foursquare says that Boyle Playground and Gifford Playground are the most popular places in Somerton. If you like the arts and entertainment, a popular spot is Top Hat Dance Studios. Lastly, Uzbekistan, Dunkin Donuts, and Golden Gate are well-known places to eat.

Price Range

The median value of homes in Somerton is $195,916, making it one of the most valuable areas in Philadelphia. At the same time, the average list price of available homes is presently $240,917. The number of home sales in the Somerton market climbed 4.3% to 24 homes over the last 30 days.

Make sure you take a look at these eye-catching homes in Somerton that generated the most views from potential buyers:

$249K   $238K   $225K  

Typical Dwelling

The typical dwelling in Somerton is a three-bedroom townhouse worth about $216,361. To purchase a similar home, a buyer with good credit and a $43,272 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,244 monthly payment. The property tax rate is $15.59 per $1,000 of taxable assessed value.

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

Data reported through 10/13/2016


Ask a local expert about this area:
11 reviews
First Realtors of Delaware Valley
Snapped 1 home in this area
Artisan Realty
Snapped 2 homes in this area

Agents that specialize in this area
3 snaps in this area
5 snaps in this area
1 snap in this area
2 snaps in this area
1 snap in this area
1 snap in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
with Facebook Sign-in with Twitter
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

with Facebook Sign-in with Twitter

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.