Housing in Somerset, MD
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$3,500,000
Median List Price
N/A
Price Per Sq Ft
$593
Days on Market
173
Active Inventory
N/A
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
50.0%
Sale-to-List Ratio
97.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$593
Somerset vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 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
$1,820,800
Median Rent
$3,501
Total Housing Units
381
Vacancy Rate
5.8%
Owner Occupied
88.6%
Renter Occupied
11.4%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$4,001
Housing Types
The current median sale price in Somerset, MD is $3,500,000 according to Redfin data. Homes spend a median of 173 days on the market. 50.0% of homes sold above asking price. The median price per square foot is $593. The median rent is $3,501 per month (Census ACS). About 88.6% of housing units are owner-occupied. The median year homes were built is 1955. There are 381 total housing units.