Somerset Real Estate Market

Somerset Market

The median mortgage debt is $44,946.

Additional Statistics for Single Family Homes and Condos in Somerset, KY
$154,000
Median Listing Price
74
Median Days on Market
4
Active Listings
Not Available
Distressed Listings
(foreclosures and short sales)
Somerset, KY Price Trends - Sold vs. Listed
The median list price in May for single family homes in Somerset is $154,000.

The price per square foot for listings in this area is $88.

The median sale price in November for single family homes is $100,000.

The price per square foot for sales in this area is $47.

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Somerset, KY Market Inventory Trends

The number of active listings in Somerset dropped by 33.3% from the previous month.

The median number of days active properties have been listed is 74. This is significantly shorter than the national average.

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Somerset, KY Property Ownership

The percent of owner occupied properties in Somerset is 13.74% below the national average.

The percent of rental properties in Somerset is 19.06% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.