Somerset Housing Information - Census

IndexSomersetMarylandNational
Median home price$1,165,700$290,400$184,700
Median rent asked$3,429$1,264$949
Avg. people per household3.02.62.6
Owner occupied households94.6%66.5%63.6%
Renter occupied households5.4%33.5%36.4%

Somerset Housing Information - Zillow

IndexSomersetMarylandNational
Zillow home value index$1,213,700$270,200$196,500
Year over year appreciation rate-5.80%5.01%6.79%
5 year average appreciation rate3.02%3.84%5.28%
10 year average appreciation rate1.01%-1.76%0.01%

Did you know?

  • The median home price in Somerset is 531% higher than the national average.
  • The median rent asked in Somerset is 261% higher than the national average.
  • The average number of people per household in Somerset is 16% higher than the national average.
  • The number of owner occupied households in Somerset is 49% higher than the national average.
  • The number of renter occupied households in Somerset is 85% lower than the national average.

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Compare Somerset, MD Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Andrews AFB, MD3,336$0100%
Rose Hill CDP (Lee County), VA708$0100%
Wakefield town, VA810$111,60040%
Belle Haven town, VA562$141,00024%
Silver Hill, MD4,802$165,50010%
Somerset, MD1,215$1,165,700531%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
North Webster, IN1,215$126,20032%
Waynoka, OK1,216$61,60067%
Yellville, AR1,216$95,10049%
New Fairview, TX1,216$86,00053%
Biglerville, PA1,214$169,9008%
Somerset, MD1,215$1,165,700531%
Source: The Somerset, MD housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.