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Featured local agent — Somerset, NY
Sarah Mitchell
Compass Real Estate · Somerset, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Somerset, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$224,900median sale price
How is the Somerset, NY housing market right now?
The median home sale price in Somerset, NY is $224,900, down 25.0% year-over-year. Homes sell in an average of 12 days with 6 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Somerset a buyer's or seller's market?
Somerset, NY is currently a balanced market, based on 6.0 months of supply and homes selling in about 12 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
12
Fast-moving
Active listings
6
6.0 months supply
Sale-to-list
100.0%
Above asking
What does the Somerset housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $224,900 |
| Median list price | $354,950 |
| Year-over-year price change | -25.0% |
| Average days on market | 12 days |
| Active inventory | 6 listings |
| Months of supply | 6.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $177/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 6 |
| Listings with a price cut | 16.7% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Somerset by property type?
How the Somerset, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $224,900 | $177/sq ft | 1 | 12 days |
| Townhouse | $180,000 | $80/sq ft | 1 | 15 days |
Source: Redfin · Updated monthly
The Somerset housing market is currently classified as a balanced market with a median sale price of $224,900. Prices have fallen 25.0% compared to last year, with homes spending an average of 12 days on market, indicating 6.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Somerset
There are currently 6 homes listed for sale in Somerset, New York. The median listing price is $355K.
Active listings
6
Homes on market
Median list price
$355K
Avg. days on market
12
Days until sale
New this week
6
Newly listed
Which cities are near Somerset, NY?
Want a head-to-head view? Compare Somerset side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Somerset?
The median home sale price in Somerset is $224,900, down 25.0% from last year.
How long do homes stay on market in Somerset?
Homes typically spend 12 days on market before going under contract.
Is Somerset a buyer's or seller's market?
With 6.0 months of supply, Somerset is currently a balanced market.
How much does a single-family home cost in Somerset?
The median single-family home price in Somerset, NY is $224,900 (about $177 per square foot).
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