Somerset, KY Housing Market
The Somerset housing market is not very competitive. The median sale price of a home in Somerset was $185K last month, down 19.0% since last year. The median sale price per square foot in Somerset is $133, up 6.0% since last year.
Somerset Housing Market Trends
In November 2025, Somerset home prices were down 19.0% compared to last year, selling for a median price of $185K. On average, homes in Somerset sell after 88 days on the market compared to 76 days last year. There were 9 homes sold in November this year, up from 9 last year.

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How hot is the Somerset housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Multiple offers are rare.
- The average homes sell for about 7% below list price and go pending in around 84 days.
- Hot homescan sell for about 1% below list price and go pending in around 27 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for about 6% below list price and go pending in around 50 days.
- Hot homescan sell for around list price and go pending in around 31 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Some homes get multiple offers.
- The average homes sell for about 6% below list price and go pending in around 44 days.
- Hot homescan sell for about 2% below list price and go pending in around 12 days.
Somerset Migration & Relocation Trends
View houses in Somerset that sold recently
Recently sold homes
- $161,000 Last Sold Price2 beds1 bath1,100 sq ft509 Haley St, Somerset, KY 42501List Price$169,900Sale to List5% under listDays on Market147 days509 Haley St, Somerset, KY 42501
- $345,000 Last Sold Price4 beds2.5 baths2,786 sq ft305 W Mt Vernon St, Somerset, KY 42501List Price$379,900Sale to List9% under listDays on Market105 days305 W Mt Vernon St, Somerset, KY 42501
- $405,000 Last Sold Price4 beds3 baths3,337 sq ft2860 Highway 1643, Somerset, KY 42501List Price$439,000Sale to List8% under listDays on Market140 days2860 Highway 1643, Somerset, KY 42501
- $315,000 Last Sold Price3 beds2 baths1,770 sq ft3015 Simpson Dr, Somerset, KY 42503List Price$335,000Sale to List6% under listDays on Market74 days3015 Simpson Dr, Somerset, KY 42503
- $225,000 Last Sold Price3 beds2 baths2,412 sq ft408 Rosewood Ave, Somerset, KY 42501List Price$249,900Sale to List10% under listDays on Market175 days408 Rosewood Ave, Somerset, KY 42501
- $130,000 Last Sold Price4 beds1 bath1,244 sq ft123 N Richardson Dr, Somerset, KY 42501List Price$139,900Sale to List7% under listDays on Market12 days123 N Richardson Dr, Somerset, KY 42501
- $48,500 Last Sold Price1 bed1 bath576 sq ft1961 B Boat Dock Rd, Somerset, KY 42503List Price$60,000Sale to List19% under listDays on Market82 days1961 B Boat Dock Rd, Somerset, KY 42503
- $150,000 Last Sold Price2 beds1 bath1,242 sq ft108 Linda Ln, Somerset, KY 42503List Price$169,000Sale to List11% under listDays on Market81 days108 Linda Ln, Somerset, KY 42503
See all recently sold homes in Somerset.
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Schools in Somerset
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Hopkins Elementary School Public • PreK-4 | 650 Students | 2 reviews |
9/10 Northern Elementary School Public • PreK-5 | 360 Students | 1 reviews |
8/10 Shopville Elementary School Public • PreK-5 | 352 Students | 1 reviews |
8/10 Oak Hill Elementary School Public • K-5 | 526 Students | 1 reviews |
7/10 Meece Middle School Public • 5-8 | 444 Students | 2 reviews |
Climate's impact on Somerset housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Somerset.
Flood Factor
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