Housing in Somerset, IN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — October 2025

Median Sale Price

$257,500

Median List Price

N/A

Price Per Sq Ft

$137

Days on Market

23

Active Inventory

1

Months of Supply

1.0

Seller's market

Price Trends

Source: Redfin
Sale Price 5.1%List Price 27.4%Nov 24Oct 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

100.0%

Seller's market

Sold Above Asking
0.0%

Market Activity

Source: Redfin

Homes Sold

1

Homes Sold 50.0%New Listings 100.0%Pending 0.0%Nov 24Oct 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$137

Sale $/SF 45.7%List $/SF 2.5%Nov 24Oct 25

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

N/A

Median Rent

$603

Total Housing Units

144

Vacancy Rate

10.4%

Owner Occupied

77.5%

Renter Occupied

22.5%

Median Property Tax

$434

per year

Monthly Cost (w/ Mortgage)

$800

Housing Types

Single Family
79.9%
Multi-Family
20.1%
Mobile Home
0.0%

The current median sale price in Somerset, IN is $257,500 according to Redfin data. Homes spend a median of 23 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $137. The median rent is $603 per month (Census ACS). About 77.5% of housing units are owner-occupied. The median year homes were built is 1980. There are 144 total housing units.