The Somerset housing market is most competitive. Homes in Somerset receive 6 offers on average and sell in around 6 days. The median sale price of a home in Somerset was $2.1M last month, up 18.9% since last year. The median sale price per square foot in Somerset is $695, up 19.2% since last year.
What is the housing market like in Somerset today?
In October 2024, Somerset home prices were up 18.9% compared to last year, selling for a median price of $2.1M. On average, homes in Somerset sell after 6 days on the market compared to 5 days last year. There were 29 homes sold in October this year, up from 22 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$2,060,000
+18.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Somerset, WA
$2,060,000
+18.9%
United States
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How hot is the Somerset housing market?
Somerset is most competitive. Homes sell in 6 days.
0
100
90
Most Competitive
Redfin Compete Score™
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
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 6 days.
Hot homes
can sell for about 6% above list price and go pending in around 1 day.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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 - Minor
2% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Somerset has a minor risk of flooding. 26 properties in Somerset are likely to be
severely affected
by flooding over the next 30 years. This represents 2% of all properties in Somerset. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Somerset has a moderate risk of wildfire. There are 66 properties in Somerset that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Somerset.