The housing market in Somers, MT is quite strong, with the median value of homes at $660,300. This is nearly twice the national median value of $338,100 and indicates a healthy demand for property in the area. Additionally, over the last year there has been a 14.40% appreciation rate in Somers, MT compared to 8.27% nationally, suggesting that prices continue to rise steadily and attract more potential buyers. The robust housing market in Somers makes it an attractive choice for people looking to buy or invest in real estate.
The median home cost in Somers is $660,300. Home appreciation the last 10 years has been 157.8%. Home Appreciation in Somers is up 22.6%.
Average Age of Homes
- The median age of Somers real estate is 40 years old
The Rental Market in Somers
- Renters make up 20.6% of the Somers population
- 0.0% of houses and apartments in Somers, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.