Somerville, Lincoln County, ME Housing Trends, Rent, Price-to-Rent

Market Summary

Somerville, Lincoln County, ME

Median Home Price Price

$284,973 $285K

Median Monthly Rent Rent

$1,142 $1.1K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Somerville, ME is $1,142, with MoM change +$4 and YoY change +$50 pointing to positive momentum while volatility is low (std $11).

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Metric

Base market Somerville, ME

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Delta vs base

Median rent

$1,142

N/A

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Median price

$284,973

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YoY change

+$50

N/A

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Price-to-rent

20.8x

Data unavailable

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