Somerset, MD
Housing market overview · Updated weekly
$3.57Mmedian sale price
Homes sold
1
Last 12 weeks
Days on market
138
Average pace
Active listings
1
1.0 months supply
Sale-to-list
96.6%
Below asking
The Somerset housing market is currently classified as a seller's market with a median sale price of $3.57M. Prices have risen 97.0% compared to last year, with homes spending an average of 138 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Somerset
There are currently 1 homes listed for sale in Somerset, Maryland. The median listing price is $2.2M.
Active listings
1
Homes on market
Median list price
$2.2M
Avg. days on market
138
Days until sale
New this week
2
Newly listed
Explore nearby cities in MD
Frequently asked questions
What is the average home price in Somerset?
The median home sale price in Somerset is $3.57M, up 97.0% from last year.
How long do homes stay on market in Somerset?
Homes typically spend 138 days on market before going under contract.
Is Somerset a buyer's or seller's market?
With 1.0 months of supply, Somerset is currently a seller's market.
Get Somerset market alerts
Weekly updates on prices, inventory, and trends. Free forever.