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Featured local agent — Somerset, PA

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Somerset, PA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Somerset, PA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Somerset, PA Housing Market & Real Estate

Balanced market+186.8% YoY

Housing market overview · Updated monthly ·

$220,150median sale price

How is the Somerset, PA housing market right now?

The median home sale price in Somerset, PA is $220,150, up 186.8% year-over-year. Homes sell in an average of 138 days with 15 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?

Balanced market3.8 months of supply138 avg. days on market

Somerset, PA is currently a balanced market, based on 3.8 months of supply and homes selling in about 138 days. How we determine this →

Homes sold

4

Last 12 weeks

Days on market

138

Average pace

Active listings

15

3.8 months supply

Sale-to-list

96.7%

Below asking

What does the Somerset housing market data show?

Current housing market statistics for Somerset, PA
MetricValue
Median sale price$220,150
Median list price$159,900
Year-over-year price change+186.8%
Average days on market138 days
Active inventory15 listings
Months of supply3.8 months
Sale-to-list price ratio96.7%
Median price per sq ft$89/sq ft
Homes sold (latest month)4
New listings (latest month)4
Listings with a price cut20.0%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Somerset by property type?

How the Somerset, PA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Somerset, PA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$220,150$89/sq ft4138 days
Townhouse$85,000$64/sq ft192 days

Source: Redfin · Updated monthly

The Somerset housing market is currently classified as a balanced market with a median sale price of $220,150. Prices have risen 186.8% compared to last year, with homes spending an average of 138 days on market, indicating 3.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.4x provides context for how home values compare to local earning capacity.

Homes for sale in Somerset

There are currently 15 homes listed for sale in Somerset, Pennsylvania. The median listing price is $160K.

Active listings

15

Homes on market

Median list price

$160K

Avg. days on market

138

Days until sale

New this week

4

Newly listed

Price drops:20.0%of listings
Sale-to-list:96.7%

Who lives in Somerset?

Population

5,984

Median income

$41,782/yr

Median age

43.1 years

Owner-occupied

54.5%

College grads

26.4%

Avg commute

17.5 min

Source: U.S. Census Bureau ACS

What are homes worth in Somerset?

Zillow home value

$226,762

Price-to-income

5.4x

Source: Zillow Research

What is it like to live in Somerset?

Somerset is a community of approximately 6K residents with a median age of 43.1 years.The median household income is $41,782, which represents a working-class community with solid middle-income opportunities. 26.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 54.5%, showing a blend of owner and renter-occupied properties. The average commute time is 17.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Somerset offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Somerset?

4 schools tracked · 1,967 students

The largest public schools serving Somerset, PA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Somerset Area Jr-Sr HS

Grades 6-12 · 1,043 students

Public

Maple Ridge El Sch

Grades PK-2 · 483 students

Public

Eagle View El Sch

Grades 3-5 · 431 students

Public

Somerset County Technology Center

Grades 9-12 · 10 students

Vocational

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Somerset, PA?

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 $220,150, up 186.8% from last year.

How long do homes stay on market in Somerset?

Homes typically spend 138 days on market before going under contract.

What is the median income in Somerset?

The median household income is $41,782 per year.

Is Somerset a buyer's or seller's market?

With 3.8 months of supply, Somerset is currently a balanced market.

What is the Zillow home value estimate for Somerset?

The Zillow Home Value Index (ZHVI) for Somerset is $226,762, representing the typical home value in the area.

How much does a single-family home cost in Somerset?

The median single-family home price in Somerset, PA is $220,150 (about $89 per square foot).

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