Somerville in Cape Coral
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Live Market Pulse
23/100
Market Heat
Cooler than normal
2015 → 2026 · 89 at the 2021 peak
0 is Somerville's coldest market since 2015, 100 its hottest. Today: 23. How it's scored

Photo via Florida Gulf Coast MLS

Built fromLive Florida Gulf Coast MLS data12 years of closingsUpdated twice daily

Over the 12 months ending 2026-09-12, 14 recorded sales closed at a median of $252,500, $174 per square foot, a median 95 days on market, sellers accepting 92% of original asking (-11% versus the prior year). At the median price and Lee County's FY2025-26 rate of 15.97 mills, annual property tax runs about $4,030 ($3,370 with the full homestead exemption).

Somerville key facts
LocationCape Coral, Lee County, FL · ZIP 33991
Sale prices, last 12 months$252,500 median across 14 closed sales · $174 per sq ft · -11.2% vs the prior 12 months
Days on market (closed sales)95 median
For sale right now0 active, 2 pending

Data as of September 12, 2026. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Market figures describe homes, not residents. Cite as: Momentum Realty, “Somerville key facts,” movewithmomentum.com/neighborhoods/somerville, data as of September 12, 2026.

Live · Somerville Housing Pulse Florida Gulf Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$252K
Median sold · 12 mo
down 11.2% vs the prior 12 months
-11.2%
1-yr price change
n = 14 and 4 sales in the two windows
$174/sf
Sold $/sqft · 12 mo
peak $246 in 2023
91.9%
Sale vs ask
Tempo
95days
Median DOM · closed
4 days at the 2021 low
100%
Under contract
Lee: 19% (2,286 of 11,931)
0 · 2
For sale · pending
live counts, refreshed twice daily
14
Sold · last 12 mo
10-yr average: about 14 a year
Track record · 12 years of records
1,373sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Somerville is pricing like a market working through a correction. The median sits at $252,500 with price per square foot at $173.40, and the year-over-year figure is down 18.5 percent — a meaningful reset from where this pocket of Cape Cape Coral was trading before. That kind of move usually reflects a mix of softer demand and sellers adjusting expectations, not a one-off fluke.

A median 95 days on market and a heat score of 15 both point the same direction: this is a buyer-paced environment right now. Sellers who price at or ahead of recent comps are sitting. Sellers who price to the current data are the ones getting to closing. For buyers, that combination — falling price trend plus long DOM — is leverage, provided the numbers on a specific property still work on their own merits.

Somerville Housing Pulse · Momentum Research · as of September 12, 2026

Somerville right now

🔴 Off the recent peak. The trailing-12-month median ($252K) is down 11.2% from the prior 12 months ($284K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Florida Gulf Coast MLS closed sales, 12-month windows ending September 12. Confidence: Low (14 and 4 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 19, 2026 · Live data: Florida Gulf Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Somerville market snapshot (as of September 12, 2026): the median sale price is about $252K ($174 per sq ft over the trailing 12 months of closed sales), and a median 95 days on market for closed sales. The trailing-12-month median is down 11% from the prior 12 months, computed from record-level Florida Gulf Coast MLS closed sales (14 closings in the current window).

In ZIP 33991 (Cape Coral), 193 homes closed in the last 12 months at a median of $390K ($208/sq ft), down 6.4% year over year, with a median 75 days on market. Right now 61 active and 23 pending listings — a buyer's market. See the live ZIP 33991 housing market and the Lee County market.

Florida Gulf Coast MLS sales records identify 5 homes in Somerville that have changed hands, built between 2006 and 2008 (median 2006), with a median living area of about 1,650 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: Florida Gulf Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Somerville is a Cape Coral community in Lee County currently showing a wide gap between list expectations and what the market is actually absorbing, with no community amenities identified from current MLS listings.

Best for

  • Buyers comfortable evaluating a home on its own condition and price rather than on community amenities, since none are currently identified in MLS listings.
  • Buyers with a longer search or closing runway who can use current negotiating leverage tied to the 18.5 percent year-over-year price movement.
  • Value-focused buyers targeting the low-$250s median who want to compare price-per-square-foot closely against recent, not older, sales.

Probably not for

  • Sellers who need to price at last year's levels — the year-over-year data does not support that expectation.
  • Buyers or sellers who need a fast transaction; the 95-day median time on market argues against a quick timeline.
  • Anyone prioritizing built-in community amenities as part of the purchase decision, since current listings show none identified.

Windows contain 4 to 22 sales each (14 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K2014201620182020202220242026
Down 11.2% year over year.
Every sale since 2014 · price vs size
$0$200K$400K1k2k2k2k
181 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$200$2502014201620182020202220242026
Up from $105 in 2014 to a $246 peak in 2023; $174 now.
Median days on market · closed sales
0501002014201620182020202220242026
4 days at the 2021 low; 95 now.
Sale price vs original ask · median
90%95%100%2014201620182020202220242026
91.9% now.
Homes sold per 12-mo window
010202014201620182020202220242026
4 to 22 a year; 14 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201620182020202220242026
89 at the 2021 peak, 13 in the troughs, 23 now. Same score as the hero card, full history.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Lee County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,160/mo
Lee County typical true cost to own
$183/mo
Lee County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

19% of homes for sale in ZIP 33991 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-19).

Somerville Market Scorecard

Thin data

Somerville is currently a thin data market. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
n/a
Median sold
n/a
Per sqft
n/a
Days on mkt
0/1/0
Active/Pend/Sold

Typical home value in the 33991 ZIP is $360,653, about 12.8% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in Somerville, Cape Coral

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 26 listings
Distress share trend — 0.0% now (2026-08-12 → 2026-09-16)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

Homes For Sale Right Now in Somerville

Live MLS inventory for Somerville. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Somerville listings as of 2026-09-17, priced high to low. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Tap any home to ask about it.

If we were buying in Somerville today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Somerville.

Best Buy
Buyers with flexibility on timeline who want negotiating room in a Cape Coral price point near the mid-$250s.
Biggest Risk
A 95-day median time on market means sellers need patience and realistic pricing to reach closing.
Sweet Spot
Move-in-ready, well-priced listings that reflect the current $173.40 per-square-foot baseline rather than last year's numbers.
Avoid If
You need a fast, competitive-offer sale timeline — this market is not currently supporting that.

A Market Still Finding Its Floor

The 18.5 percent year-over-year decline is the headline number here, and it should be read alongside the 95-day median time on market rather than in isolation. Homes are not just selling for less — they are taking considerably longer to get there, which tells you pricing has been slow to catch up to where buyers actually want to transact.

A market heat score of 15 confirms that read: this is not a competitive-offer environment. At $173.40 per square foot and a $252,500 median, Somerville is trading in a range where condition and pricing discipline will matter more than urgency. With no identified community amenities in current listings, value here is being set almost entirely by the home itself — lot, layout, age, and upkeep — rather than by shared community features.

The location and the amenities are priced into every listing in Somerville. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market moving this much — down 18.5 percent with a 95-day median DOM — pricing a listing or structuring an offer off outdated comps is the single biggest risk on either side of the table. We track the current window closely so sellers do not overprice into a soft market and buyers do not overpay against a trend that has already shifted.

Somerville in 15 seconds.

Best forBuyers with flexibility on timeline who want negotiating room in a Cape Coral price point near the mid-$250s.
Biggest advantageA meaningful price correction already underway gives buyers room to negotiate on both price and terms.
Biggest riskA 95-day median time on market means sellers need patience and realistic pricing to reach closing.
Sweet spotMove-in-ready, well-priced listings that reflect the current $173.40 per-square-foot baseline rather than last year's numbers.
Avoid ifYou need a fast, competitive-offer sale timeline — this market is not currently supporting that.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Somerville homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Somerville.
In short
  • HOA dues reported around $244/month (about $2,928/yr) · median of 11 MLS listings, most billed quarterly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $244 per month ($2,928 a year) — the median AssociationFee across 11 MLS records, normalised to a monthly figure; most are billed quarterly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Somerville sales matched to your home.

What is your Somerville home worth?

Get a no-obligation home value based on real comparable sales in Somerville, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Recently off market in Somerville

Homes in Somerville that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.

Frequently Asked Questions

What is the median home price in Somerville?
The median sale price in Somerville was $252K over the 12 months ending September 12, 2026 (14 closed sales, Florida Gulf Coast MLS).
How long do homes in Somerville take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 95 days on market (14 sales, Florida Gulf Coast MLS).
Who is the best real estate agent for Somerville?
The best agent for Somerville is one who actively works Cape Coral and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Somerville.
How do I find a top Cape Coral real estate agent who knows Somerville?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Somerville and the wider Cape Coral area.
Can Momentum Realty connect me with an agent for Somerville?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Somerville purchase or sale - no call center and no pressure.
Where is Somerville, and what county is it in?
Somerville is in Cape Coral, Lee County, FL, ZIP 33991.
Buyers comfortable evaluating a home on its own condition and price rather than on community amenities, since none are currently identified in MLS listings.Excellent fit
Buyers with a longer search or closing runway who can use current negotiating leverage tied to the 18.5 percent year-over-year price movement.Excellent fit
Value-focused buyers targeting the low-$250s median who want to compare price-per-square-foot closely against recent, not older, sales.Excellent fit
Sellers who need to price at last year's levels — the year-over-year data does not support that expectation.Probably not
Buyers or sellers who need a fast transaction; the 95-day median time on market argues against a quick timeline.Probably not
Anyone prioritizing built-in community amenities as part of the purchase decision, since current listings show none identified.Probably not

Data sources & freshness

Live listingsFlorida Gulf Coast MLS, refreshed twice daily (last: September 17, 2026)
Community market statsFlorida Gulf Coast MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesFlorida Gulf Coast MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2014 (181 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Florida Gulf Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Florida Gulf Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.

Looking to buy here? Search homes for sale →

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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

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Thinking of selling in Somerville? 14 recorded closings; median 95 days on market (window ending 2026-09-12). See the Lee County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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