Is Somerville, AL 35670 a buyer’s or seller’s market?
Somerville is a seller’s market. With about 2.5 months of supply and 17% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2.5Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list98.9%Sold price ÷ list price
Median days on market39Listing to accepted offer
Median price per sq ft$165▼ −6.8% vs. last year
Run the numbers for 35670
Nearby markets
Decatur 35601Seller’s market $134 /sq ftDecatur 35603Balanced $151 /sq ftEva 35621Seller’s market $157 /sq ftFalkville 35622Balanced $102 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology