Home Values

Somerset County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Somerset County is $87, which is lower than the Maine average of $138. The median price of homes currently listed in Somerset County is $119,900 while the median price of homes that sold is $115,000. The median rent price in Somerset County is $650, which is lower than the Maine median of $1,075.

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Somerset County homeowners underwater on their mortgage is 13.3%, which is lower than Maine at 16.0%.

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Relative ZHVI
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Somerset County Market Overview

Data through Nov 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $119,900 Median listing price
  • No recent data Median sale price
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Somerset County Market Health

Data through Nov 30, 2014
  • No recent data
  • No data Average days on Zillow
  • 13.3% Homes with negative equity (16.9% US Avg) (Jun 30, 2014)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

0.9 homes(Sep 30, 2014) Maine
4.2 homes United States
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Nearby Counties

Name Median ZHVI
Carroll County $210,400
Orleans County $143,700
Coos County $106,100

Listings & Sales

Data through Nov 30, 2014
  • $87 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
16.7%
Sold below listing
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Somerset County Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $914 Somerset County
    $1,181 Maine
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $650 Rent list price
  • No data Rent list price / sq ft
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