Home Values

Somerset 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

$1,426,600

  • 9.9% 1-year change
  • 2.0% 1-year forecast

The median home value in Somerset is $1,426,600. Somerset home values have gone up 9.9% over the past year and Zillow predicts they will rise 2.0% within the next year.

Relative ZHVI
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Somerset Market Overview

Data through Jan 31, 2015
  • $1,426,600 ZHVI
  • 2.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jan 31, 2016)
  • No data Median listing price
  • No data Median sale price
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Somerset Market Health

Data through Jan 31, 2015
  • 9.7/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

4.1 homes Washington Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Chevy Chase Village $1,727,300
Brookmont $1,018,200
Chevy Chase $977,300
Name Median ZHVI
Cabin John $895,200
Bethesda $823,900
South Kensington $703,000
Name Median ZHVI
Kensington $655,800
North Kensington $403,400
Friendship Village $337,200

Listings & Sales

  • No data
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Somerset Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $4,992 Somerset
    $2,103 Washington Metro
    $1,350 United States

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

  • 8.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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