Somerset, TX Housing Market & Real Estate
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
| Metric | Value |
|---|---|
| Median sale price | $75,000 |
| Year-over-year price change | +11.9% |
| Average days on market | 30 days |
| Active inventory | 4 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 83.4% |
| Market condition | Leaning 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
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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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