Housing in Somerset, KY
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$183,200
Median List Price
$180,000
Price Per Sq Ft
$131
Days on Market
133
Active Inventory
63
Months of Supply
15.8
Buyer's market
Zillow Home Value
$186,157
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
50.0%
Off Market in 2 Weeks
25.0%
Sale-to-List Ratio
101.1%
Seller's market
Market Activity
Source: RedfinHomes Sold
4
New Listings
15
Pending Sales
12
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$131
Median List $/SF
$126
Somerset vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Somerset is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$140,900
Median Rent
$830
Total Housing Units
5,255
Vacancy Rate
10.4%
Owner Occupied
42.9%
Renter Occupied
57.1%
Median Property Tax
$1,100
per year
Monthly Cost (w/ Mortgage)
$765
Housing Types
The current median sale price in Somerset, KY is $183,200 according to Redfin data. Homes spend a median of 133 days on the market. 50.0% of homes sold above asking price. The market has 15.8 months of supply. The median price per square foot is $131. The median rent is $830 per month (Census ACS). About 42.9% of housing units are owner-occupied. The median year homes were built is 1975. There are 5,255 total housing units.