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What income do you need to buy in Somerton?
About $145,000 a year to buy the typical Somerton home, which sells for about $411,000.
- Typical sale price
- $411,000Median of 179 sales in the past 12 months
- Income needed
- $145,000A year, before taxes
- Cash needed up front
- $59,00010% down, transfer tax and closing costs
Assumes 10% down, no other debts, credit of 700–759, and a 7.49% 30-year rate (the 7.24% weekly average plus 0.25 points for good credit). These are estimates, not a loan offer.
What it costs each month
| Principal and interest | $2,584 |
|---|---|
| Property tax | $465 |
| Insurance | $171 |
| Mortgage insurance | $154 |
| Total a month | $3,374 |
Claiming the Homestead Exemption could lower the property tax by about $117 a month. The total above does not include that saving.
How prices have moved
Up 6.8% from the year before, comparing the median sale price of the last 12 months with the 12 months before.
| Quarter | Median sale price | Sales |
|---|---|---|
| Q1 2025 | $372,500 | 32 |
| Q2 2025 | $385,000 | 50 |
| Q3 2025 | $399,950 | 54 |
| Q4 2025 | $407,500 | 64 |
| Q1 2026 | $399,500 | 34 |
| Q2 2026 | $416,050 | 68 |
| Q3 2026 | $430,000 | 35 |
Quarters with no recorded sales are left blank.
Tell us four things
Nearby neighborhoods
Cheaper nearby
- Normandy Village $363,000
- Parkwood Manor $330,000
- Bustleton $380,000
Questions about buying in Somerton
What income do you need to buy a home in Somerton?
About $145,000 a year for the typical Somerton price of $411,000, keeping the housing payment to 28% of gross income. Assumes 10% down, no other debts, credit of 700–759, and a 7.49% 30-year rate (the 7.24% weekly average plus 0.25 points for good credit).
How much cash do you need to buy in Somerton?
About $59,000 up front at the typical price: 10% down ($41,000), your share of the transfer tax ($9,408) and closing costs ($8,220).
What does a typical home in Somerton cost per month?
A typical Somerton home costs about $3,374 a month all in: principal and interest $2,584, property tax $465, insurance $171, mortgage insurance $154. Claiming the Homestead Exemption could lower the tax by about $117 a month.
Based on 179 sales, as of 2026-10-29. Mortgage rate 7.24% (Freddie Mac, week of 2026-10-29). Estimates only, not financial advice. Talk to a lender.