Somerset, NY Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Somerset, NY is $206,950, up 3.5% year-over-year. Homes sell in an average of 19 days with 1 active listings. The market is currently a strong seller's market.
$206,950median sale price
Homes sold
2
Last 12 weeks
Days on market
19
Fast-moving
Active listings
1
0.5 months supply
Sale-to-list
103.8%
Above asking
Somerset, NY market data
| Metric | Value |
|---|---|
| Median sale price | $206,950 |
| Year-over-year price change | +3.5% |
| Average days on market | 19 days |
| Active inventory | 1 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 103.8% |
| Market condition | Strong seller's market |
Source: Redfin · Updated weekly
The Somerset housing market is currently classified as a strong seller's market with a median sale price of $206,950. Prices have risen 3.5% compared to last year, with homes spending an average of 19 days on market, indicating 0.5 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, New York.
Active listings
1
Homes on market
Avg. days on market
19
Days until sale
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Frequently asked questions
What is the average home price in Somerset?
The median home sale price in Somerset is $206,950, up 3.5% from last year.
How long do homes stay on market in Somerset?
Homes typically spend 19 days on market before going under contract.
Is Somerset a buyer's or seller's market?
With 0.5 months of supply, Somerset is currently a strong seller's market.
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