Somerset Housing Market
$174,348
1.8% 1-yrThe average Somerset home value is $174,348, up 1.8% over the past year and goes to pending in around 46 days.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Somerset Key Takeaways
Typical Home Values: $174,348
1-year Value Change: +1.8%
(Data through August 31, 2025)
Somerset Housing Market Overview
2.5%1-year Market Forecast(August 31, 2025)
396For sale inventory(August 31, 2025)
89New listings(August 31, 2025)
0.961Median sale to list ratio(July 31, 2025)
$259,983Median sale price(July 31, 2025)
$309,083Median list price(August 31, 2025)
6.6%Percent of sales over list price(July 31, 2025)
80.9%Percent of sales under list price(July 31, 2025)
46Median days to pending(August 31, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Areas
- NameMedian ZHVI
- Danville$214,001
- London$151,827
- Richmond-Berea$252,335
- Campbellsville$193,785
- Middlesborough$95,598
- Lexington-Fayette$312,786
- Bardstown$255,118
- Glasgow$198,269
- Frankfort$244,615
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Somerset Rental Market Trends
$1,163Average rent in Somerset(August 31, 2025)
$2,007National average rent(August 31, 2025)
--Month-over-month change
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
