Somerset, TX Housing Market & Real Estate

Leaning buyer's+11.9% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Somerset, TX is $75,000, up 11.9% year-over-year. Homes sell in an average of 30 days with 4 active listings. The market is currently a leaning buyer's.

$75,000median sale price

Homes sold

1

Last 12 weeks

Days on market

30

Average pace

Active listings

4

4.0 months supply

Sale-to-list

83.4%

Below asking

Somerset, TX market data

Current housing market statistics for Somerset, TX
MetricValue
Median sale price$75,000
Year-over-year price change+11.9%
Average days on market30 days
Active inventory4 listings
Months of supply4.0 months
Sale-to-list price ratio83.4%
Market conditionLeaning buyer's

Source: Redfin · Updated weekly

The Somerset housing market is currently classified as a leaning buyer's with a median sale price of $75,000. Prices have risen 11.9% compared to last year, with homes spending an average of 30 days on market, indicating 4.0 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 4 homes listed for sale in Somerset, Texas.

Active listings

4

Homes on market

Avg. days on market

30

Days until sale

Price drops:25.0%of listings
Sale-to-list:83.4%

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Frequently asked questions

What is the average home price in Somerset?

The median home sale price in Somerset is $75,000, up 11.9% from last year.

How long do homes stay on market in Somerset?

Homes typically spend 30 days on market before going under contract.

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

With 4.0 months of supply, Somerset is currently a leaning buyer's.

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