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Somerset Real Estate Market Facts

  • $29,900Median home price
    77% lower than Des Moines
  • $794Median rent asked
    11% higher than Des Moines
  • 33.7%Home owners
    53% lower than Des Moines
  • 2.9People per home
    22% higher than Des Moines

Somerset Home Affordability

  • $29,900Median home price
    77% lower than Des Moines
  • $42,112Median home income
    23% lower than Des Moines
  • 0.7xHome price to income ratio
    71% lower than Des Moines

Somerset Affordability Calculator

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Somerset Mortgage Calculator

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Somerset Demographics

  • 255Population
  • 170People / sq mile
  • 31.9Median age
  • 1.4:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Patterson, IA175$70,80062%
Valeria, IA46$72,50061%
Bevington, IA54$80,80056%
Spring Hill, IA60$91,00051%
Martensdale, IA452$101,90045%
Des Moines, IA212,859$119,80035%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Birmingham, AL212,424$87,10053%
Spokane, WA212,078$160,80013%
San Bernardino, CA214,581$176,8004%
Rochester, NY210,291$77,80058%
Richmond, VA216,773$199,3008%
Des Moines, IA212,859$119,80035%
Source: The Somerset, Des Moines, IA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).