Somerville, Fayette County, TN Housing Trends, Rent, Price-to-Rent

Market Summary

Somerville, Fayette County, TN

Median Home Price Price

$280,628 $280.6K

Median Monthly Rent Rent

$944 $944

GRM

25.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Somerville, TN is $944, with MoM change +$9 and YoY change +$60 pointing to positive momentum while volatility is low (std $14).

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Metric

Base market Somerville, TN

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Delta vs base

Median rent

$944

N/A

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Median price

$280,628

N/A

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YoY change

+$60

N/A

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Price-to-rent

24.8x

Data unavailable

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