House Prices

House Prices & Home Values Somerville, IN 2026


Average Data

average house price$198,580
average size per house1971 ft²
average price per ft²101 $ / ft²

04/15/2026 - The value range (VR) for house prices in Somerville, IN is $127/ sqft to $127/ sqft. An average home with 1971 sqft costs approximately $250,317 to $250,317. Somerville, IN includes 1 ZIP codes and it is located in Gibson county. The lowest prices are found in ZIP 47683, while the highest are in ZIP 47683. The average price per sqare feet is $101. Our analysis is based on 153 property listings.

Avergage prices by ZIP codes Somerville

47683122 $ / ft²




Historical development of home values in Somerville

Year Estimated value (USD) Change vs. 2025
2010 $92,224 -53.6%
2011 $88,658 -55.4%
2012 $88,419 -55.5%
2013 $91,724 -53.8%
2014 $96,285 -51.5%
2015 $101,227 -49.0%
2016 $106,509 -46.4%
2017 $112,258 -43.5%
2018 $118,464 -40.3%
2019 $123,957 -37.6%
2020 $130,365 -34.4%
2021 $148,276 -25.3%
2022 $172,857 -13.0%
2023 $182,286 -8.2%
2024 $192,831 -2.9%
2025 $198,580 0.0%

Graph: estimated home values in Somerville over time (USD)



Example: 100% financing house in Somerville

Loan amount: $198,580

Interest rate: 6.00%

Fixed monthly payment: $1,190.59

Breakdown in the 1st month:
Interest portion: $992.90  –  Principal portion: $197.69

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,848.46 $2,438.59 $196,141.41
2 $11,698.06 $2,588.99 $193,552.42
3 $11,538.37 $2,748.68 $190,803.75
4 $11,368.84 $2,918.21 $187,885.54
5 $11,188.85 $3,098.20 $184,787.34
6 $10,997.76 $3,289.29 $181,498.06
7 $10,794.89 $3,492.16 $178,005.89
8 $10,579.50 $3,707.55 $174,298.34
9 $10,350.82 $3,936.23 $170,362.12
10 $10,108.05 $4,179.00 $166,183.11
11 $9,850.29 $4,436.75 $161,746.36
12 $9,576.65 $4,710.40 $157,035.95
13 $9,286.12 $5,000.93 $152,035.02
14 $8,977.67 $5,309.38 $146,725.64
15 $8,650.20 $5,636.85 $141,088.80
16 $8,302.53 $5,984.52 $135,104.28
17 $7,933.42 $6,353.63 $128,750.65
18 $7,541.54 $6,745.51 $122,005.14
19 $7,125.49 $7,161.56 $114,843.59
20 $6,683.78 $7,603.26 $107,240.32
21 $6,214.83 $8,072.22 $99,168.10
22 $5,716.96 $8,570.09 $90,598.01
23 $5,188.37 $9,098.68 $81,499.33
24 $4,627.18 $9,659.87 $71,839.47
25 $4,031.38 $10,255.66 $61,583.80
26 $3,398.84 $10,888.21 $50,695.59
27 $2,727.28 $11,559.77 $39,135.82
28 $2,014.30 $12,272.75 $26,863.06
29 $1,257.34 $13,029.71 $13,833.35
30 $453.69 $13,833.35 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Somerville, IN


1500 sqft3900 sqft
Ø selling price$183,316$389,962
Ø fast selling$166,650$350,965
Ø high price sale$199,981$428,958

In 2026, houses in Somerville, IN will be offered at an average price of $101 per square foot. A 1,500 sqft home priced at $183,316 is 21.92% more expensive per square foot than a 3,900 sqft home priced at $389,962. Home prices in Somerville, IN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $269,973. Sellers who can wait longer may achieve a higher price of up to $329,967.

FAQ – Home Values in Somerville

What is the median home value in Somerville in 2026?

In 2026, the typical home value in Somerville is about $198,580 for an average home size of 1971 square feet. This corresponds to an average price of roughly $101 per square foot.

What is the average cost per square foot in Somerville?

In 2026, homes in Somerville sell for an average of around $101 per square foot, with a typical range between $127 and $127 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Somerville is about 1971 square feet, with an estimated 2026 value around $198,580.



Locations close to Somerville, IN

Evansville, IN169 $ / ft²
Terre Haute, IN69 $ / ft²
Bloomingdale, IN115 $ / ft²
Princeton, IN117 $ / ft²
Patoka, IN23 $ / ft²
Owensville, IN92 $ / ft²
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