Housing Prices in Somerset, NY
How much do homes in Somerset, NY cost?
Median List Price
$227,450
$146/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Summary: The median home list price in Somerset was $227,450 in May 2024, up 26.4% from the previous year, and the median price per square foot was $146.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $220K | N/A |
2 Bedrooms | $165K | $172.4K | +4.5% |
3 Bedrooms | $179.9K | $274.9K | +52.8% |
4 Bedrooms | $175K | - | N/A |
5+ Bedrooms | $229.9K | $198.4K | -13.7% |
Summary: Somerset housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 52.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 13.7%.
Median List Price Compared To Nearby Cities
Appleton | $219.9K | $450K | +104.6% |
Yates | $157.4K | $219K | +39.1% |
Somerset | $179.9K | $227.4K | +26.4% |
Barker | $175K | $219.9K | +25.7% |
Gasport | $199.9K | $249.9K | +25.0% |
Housing Supply in Somerset, NY
How many homes are available in Somerset, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 7 | -22.2% |
Summary: The Somerset real estate market had 7 homes for sale in May 2024, a 22.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 4 | 2 | -50.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Somerset housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Days on Market for Somerset, NY
How long does it take to sell a home in Somerset, NY?
Average Listing Age
May 2023 | May 2024 | CHANGE |
---|---|---|
110 Days | 54 Days | -50.1% |
Summary: Homes in Somerset had an average listing age of 54 days in May 2024, down by 50.1% compared to the previous year.