The Somerset housing market is somewhat competitive. The median sale price of a home in Somerset was $1.2M last month, up 36.4% since last year. The median sale price per square foot in Somerset is $617, up 10.0% since last year.
What is the housing market like in Somerset today?
In March 2024, Somerset home prices were up 36.4% compared to last year, selling for a median price of $1.2M. On average, homes in Somerset sell after 17 days on the market compared to 83 days last year. There were 3 homes sold in March this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,200,000
+36.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Somerset, CA
$1,200,000
+36.4%
United States
To compare other locations to the Somerset and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Glendale add value to a home.
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How hot is the Somerset housing market?
Somerset is somewhat competitive. Homes sell in 39 days.
0
100
67
Somewhat 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 12 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 39 days.
Hot homes
can sell for about 5% above list price and go pending in around 11 days.
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.
Risk Factor
Flood Factor - Moderate
94% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Somerset has a moderate risk of flooding. properties in Somerset are likely to be
severely affected
by flooding over the next 30 years. This represents 94% of all properties in Somerset. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Somerset has a minor risk of wildfire. There are 4 properties in Somerset that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Somerset.