Sales Decline in Somervell County Real Estate Market

In this week's report, the number of homes sold in the Somervell County market dropped to 12 over the past 30 days. It marked a decrease of 7.7% from last week's report and a fall below the monthly average. In comparison, nearby Tarrant County had 1,961 sales in the same time frame, the most of all neighboring counties. The median sales price rose to $224,450, up from last week's $199,900. Along with the slip in sales, a relatively high 14 months of inventory indicates that Somervell County is a strong buyer's market.

Out of all the listings in Somervell County, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes:

$899K   $259K   $107K  

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

Demographic facts about Somervell County:

  • The median value of all homes in the area is $132,300.
  • The area gets 65 rainy days a year. (U.S. average: 100)
  • The unemployment rate for this area is 7.7%.
  • The student-to-teacher ratio is 11.7:1. (15.3:1 = national average)

Data reported through 10/19/2016


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