Somerset Real Estate Market
The median mortgage debt is $43,608.
Somerset, KY Price Trends - Sold vs. Listed
The median list price in May for single family homes in Somerset is $117,000. The list prices increased by 135.17% from the previous month.
Somerset, KY Market Inventory Trends
The number of active listings in Somerset dropped by 50% from the previous month.
The median number of days active properties have been listed is 193. This is much longer than the national average.
Somerset, KY Property Ownership
The percent of owner occupied properties in Somerset is 16.23% below the national average.
The percent of rental properties in Somerset is 23.54% above the national average which is typical for urban areas.
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