Somerville, TN 38068 Real Estate & Property Data

Somerville, TN 38068 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 121 residential properties have been sold over the past 12 months in 38068. With a median sales price of $319,900 in 38068 and a total of 1 foreclosures in Somerville, TN 38068. Discover market trends and get the granular level real estate data for Somerville, TN 38068 to keep your pulse on the housing market. Curate compelling home reports for Somerville, TN 38068 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Somerville, TN 38068 Real Estate Market Trends
Total Residential Properties 4,230
Total Commercial Properties 294
Avg. Home Age (Single Family Home) 40 Years
Avg. Square Feet (Single Family Home) 1,926
Total 2024 Residential Sales (year-to-date) 10
% of Homes Seriously Underwater (Q2 2024) 1.38%
Total 2023 Residential Sales 119
% of Equity Rich Homes (Q2 2024) 26.85%
Effective 2023 Property Tax N/A
Total Foreclosure Filings (year-to-date) 1
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Somerville, TN 38068 Real Estate Overview

There were 121 residential properties sold in the past year in Somerville, TN 38068. The median home value in Somerville, TN 38068 is $217,681. There are a total of 4,230 residential properties in the 38068.

Median Sales Price i
$319,900
(Feb 2024)
+42.2%
year-over-year
y-o-y
  • February '24 Feb '24 $319,900
  • January '24 Jan '24 $240,000
  • December '23 Dec '23 $250,000
  • November '23 Nov '23 $117,500
  • October '23 Oct '23 $267,495
  • September '23 Sep '23 $373,500
  • August '23 Aug '23 $261,000
  • July '23 Jul '23 $344,995
  • June '23 Jun '23 $497,500
  • May '23 May '23 $345,000
  • April '23 Apr '23 $285,700
  • March '23 Mar '23 $173,500
Median Down Payment i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 $62,856
  • December '23 Dec '23 $10,815
  • November '23 Nov '23 $18,460
  • October '23 Oct '23 $127,500
  • September '23 Sep '23 $75,000
  • August '23 Aug '23 $48,500
  • July '23 Jul '23 $36,099
  • June '23 Jun '23 $52,000
  • May '23 May '23 $26,000
  • April '23 Apr '23 $44,800
  • March '23 Mar '23 $4,410
Number of Homes Sold i
7
(Feb 2024)
-12.5%
year-over-year
y-o-y
  • February '24 Feb '24 7
  • January '24 Jan '24 3
  • December '23 Dec '23 10
  • November '23 Nov '23 10
  • October '23 Oct '23 14
  • September '23 Sep '23 10
  • August '23 Aug '23 7
  • July '23 Jul '23 11
  • June '23 Jun '23 6
  • May '23 May '23 12
  • April '23 Apr '23 16
  • March '23 Mar '23 7
Number of Purchase Loans i
2
(Feb 2024)
-60%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 7
  • December '23 Dec '23 11
  • November '23 Nov '23 9
  • October '23 Oct '23 7
  • September '23 Sep '23 17
  • August '23 Aug '23 7
  • July '23 Jul '23 15
  • June '23 Jun '23 8
  • May '23 May '23 16
  • April '23 Apr '23 10
  • March '23 Mar '23 6
Number of REFI Loans i
12
(Feb 2024)
+50%
year-over-year
y-o-y
  • February '24 Feb '24 12
  • January '24 Jan '24 6
  • December '23 Dec '23 12
  • November '23 Nov '23 11
  • October '23 Oct '23 10
  • September '23 Sep '23 7
  • August '23 Aug '23 2
  • July '23 Jul '23 5
  • June '23 Jun '23 7
  • May '23 May '23 8
  • April '23 Apr '23 9
  • March '23 Mar '23 11
Number of HELOC Loans i
2
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 2
  • December '23 Dec '23 3
  • November '23 Nov '23 2
  • October '23 Oct '23 6
  • September '23 Sep '23 5
  • August '23 Aug '23 1
  • July '23 Jul '23 4
  • June '23 Jun '23 4
  • May '23 May '23 4
  • April '23 Apr '23 4
  • March '23 Mar '23 1

Somerville, TN 38068 Foreclosure Activity

There were a total of 1 Somerville, TN 38068 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 1 Somerville, TN 38068 properties and repossessed 1 Somerville, TN 38068 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 1
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 2
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 2
  • March '23 Mar '23 1
Foreclosure Starts i
1
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 1
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 2
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 2
  • March '23 Mar '23 1
Completed Foreclosures (REOs) i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
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