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TN area data

Somerville, TN

Somerville, TN.

Population: 10,427 (Census ACS)

Home values & appreciation

Median home value
$303,788
1-year appreciation
+3.5%
3-year appreciation
+9.7%
5-year appreciation
+27.8%
10-year appreciation
+92.5%
All-time peak (2026-05)
$304,243
House Price Index
475.9 (+0.5% YoY)

Market activity

Median sale price
$359,000
Median list price
$399,000
Median days on market
63 days
Sale-to-list ratio
98.1%
Active listings
44
1-year forecast
+0.3%
New listings (monthly)
14

Rents

2-bedroom fair-market rent (HUD reference)
$1,060/mo
3BR fair-market rent
$1,390/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
13.2¢/kWh
Natural gas rate (state-level)
$11.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
4
Elementary schools
1
Middle schools
1
High schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
coldWave, earthquake, heatWave, iceStorm, lightning
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
56.3 in

Walkability & transit

Walkability index
8.5 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
2
Nearest national park
Shiloh National Military Park (57 mi)
Nearest airport
Fayette County Airport (5 mi)
Nearest major airport
Millington-Memphis Airport (NQA) (30 mi)
Hospitals nearby (~15 mi)
9
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (4.4 kWh/m²/day)

Migration

Net migration
+331 tax filers

Housing stock

Median year housing built
1,989
Median annual property tax
$885
Mean commute to work
28 min
Households with broadband internet
58.8%

Employment & development

Total county employment
6,717
Average weekly wage
$1,080
Top industries (by employment)
Construction, Administrative Services, Accommodation & Food
Annual residential building permits (county)
225

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents