Somerset housing market
September 2026 · All Residences
Somerset's median sale price rose 20% compared with the same month last year. Homes sold more slowly than a year ago, at a median of 29 days on market. Sellers received a median 100% of their final list price.
What this means for sellers
Recent sales are the best guide to pricing. A considered launch usually matters more than timing the market.
What this means for buyers
There is a reasonable selection of homes, giving time to compare options before making an offer.
Key figures
Closed sales: 13 this month · 45 last 3 months · 162 trailing 12 months
Median days on market
29 days
Prior month: 20 days · MoM +45%
Last year: 18 days · YoY +61.1%
Average days on market
—
Prior month: — · MoM: —
Last year: — · YoY: —
Cumulative days on market
—
Prior month: — · MoM: —
Last year: — · YoY: —
Closed sales (month)
13
Prior month: 14 · MoM -7.1%
Last year: 13 · YoY 0%
Median sale price
$547,000
Prior month: $577,500 · MoM -5.3%
Last year: $456,000 · YoY +20%
Average sale price
$560,485
Prior month: $571,471 · MoM -1.9%
Last year: $541,646 · YoY +3.5%
Median price per sq ft
$295
Prior month: $317 · MoM -6.9%
Last year: $363 · YoY -18.7%
New listings
20
Prior month: 15 · MoM +33.3%
Last year: 21 · YoY -4.8%
Active inventory
—
Prior month: — · MoM: —
Last year: — · YoY: —
Pending sales
—
Prior month: — · MoM: —
Last year: — · YoY: —
Months of supply
—
Prior month: — · MoM: —
Last year: — · YoY: —
Absorption rate
—
Prior month: — · MoM: —
Last year: — · YoY: —
Sale-to-list ratio
100%
Prior month: 100.1% · MoM -0.1%
Last year: 100% · YoY 0%
Sold over asking
—
Prior month: — · MoM: —
Last year: — · YoY: —
With price reductions
—
Prior month: — · MoM: —
Last year: — · YoY: —
Trends
Median sale price moved from $436,500 in October 2024 to $547,000 in September 2026.
View as table
| Month | Median price |
|---|---|
| October 2024 | $436,500 |
| November 2024 | $499,000 |
| December 2024 | $435,000 |
| January 2025 | $455,750 |
| February 2025 | $444,450 |
| March 2025 | $415,000 |
| April 2025 | $515,000 |
| May 2025 | $515,000 |
| June 2025 | $539,950 |
| July 2025 | $485,000 |
| August 2025 | $545,000 |
| September 2025 | $456,000 |
| October 2025 | $539,000 |
| November 2025 | — |
| December 2025 | $540,000 |
| January 2026 | $510,000 |
| February 2026 | $535,000 |
| March 2026 | — |
| April 2026 | $515,000 |
| May 2026 | $540,000 |
| June 2026 | $515,000 |
| July 2026 | $541,000 |
| August 2026 | $577,500 |
| September 2026 | $547,000 |
In September 2026: 13 closed sales and 20 new listings.
View as table
| Month | Closed sales | New listings |
|---|---|---|
| October 2024 | 10 | 21 |
| November 2024 | 19 | 12 |
| December 2024 | 11 | 5 |
| January 2025 | 10 | 19 |
| February 2025 | 14 | 20 |
| March 2025 | 12 | 19 |
| April 2025 | 24 | 18 |
| May 2025 | 20 | 21 |
| June 2025 | 12 | 23 |
| July 2025 | 21 | 23 |
| August 2025 | 18 | 13 |
| September 2025 | 13 | 21 |
| October 2025 | 15 | 13 |
| November 2025 | 7 | 11 |
| December 2025 | 16 | 10 |
| January 2026 | 11 | 16 |
| February 2026 | 11 | 9 |
| March 2026 | 8 | 16 |
| April 2026 | 13 | 23 |
| May 2026 | 19 | 25 |
| June 2026 | 17 | 13 |
| July 2026 | 18 | 24 |
| August 2026 | 14 | 15 |
| September 2026 | 13 | 20 |
Days on market moved from 25 in October 2024 to 29 in September 2026.
View as table
| Month | Median days |
|---|---|
| October 2024 | 25 |
| November 2024 | 25 |
| December 2024 | 20 |
| January 2025 | 56 |
| February 2025 | 32 |
| March 2025 | 20 |
| April 2025 | 22 |
| May 2025 | 20 |
| June 2025 | 17 |
| July 2025 | 16 |
| August 2025 | 19 |
| September 2025 | 18 |
| October 2025 | 22 |
| November 2025 | — |
| December 2025 | 22 |
| January 2026 | 20 |
| February 2026 | 21 |
| March 2026 | — |
| April 2026 | 35 |
| May 2026 | 20 |
| June 2026 | 25 |
| July 2026 | 21 |
| August 2026 | 20 |
| September 2026 | 29 |
Months of supply: not enough history yet.
View as table
| Month | Months |
|---|---|
| October 2024 | — |
| November 2024 | — |
| December 2024 | — |
| January 2025 | — |
| February 2025 | — |
| March 2025 | — |
| April 2025 | — |
| May 2025 | — |
| June 2025 | — |
| July 2025 | — |
| August 2025 | — |
| September 2025 | — |
| October 2025 | — |
| November 2025 | — |
| December 2025 | — |
| January 2026 | — |
| February 2026 | — |
| March 2026 | — |
| April 2026 | — |
| May 2026 | — |
| June 2026 | — |
| July 2026 | — |
| August 2026 | — |
| September 2026 | — |
Sale-to-list ratio moved from 99.4% in October 2024 to 100% in September 2026.
View as table
| Month | % of list |
|---|---|
| October 2024 | 99.4% |
| November 2024 | 100% |
| December 2024 | 100% |
| January 2025 | 100% |
| February 2025 | 100% |
| March 2025 | 102.2% |
| April 2025 | 100.6% |
| May 2025 | 100% |
| June 2025 | 103.4% |
| July 2025 | 102.1% |
| August 2025 | 101% |
| September 2025 | 100% |
| October 2025 | 98.7% |
| November 2025 | — |
| December 2025 | 100% |
| January 2026 | 98.3% |
| February 2026 | 99.8% |
| March 2026 | — |
| April 2026 | 100% |
| May 2026 | 100% |
| June 2026 | 101.9% |
| July 2026 | 100% |
| August 2026 | 100.1% |
| September 2026 | 100% |