The median sale price of a home in Somerset Place was $360K last month, up 24.8% since last year. The median sale price per square foot in Somerset Place is $250, down 4.6% since last year.
What is the housing market like in Somerset Place today?
In October 2024, Somerset Place home prices were up 24.8% compared to last year, selling for a median price of $360K.
$360K
Sale Price
+21.2% since last year
$250
Sale $/Sq. Ft.
-4.6% since last year
Over List Price
0%
Days on Market
86
Down Payment
—
Total Homes Sold
1
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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 Place housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Somerset Place.
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Somerset Place has a minor risk of flooding. 10 properties in Somerset Place are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Somerset Place. Flood risk is increasing faster than the national average.
51% of properties are at risk of wildfire over the next 30 years
Fire Factor
Somerset Place has a moderate risk of wildfire. There are 90 properties in Somerset Place that have some risk of being affected by wildfire over the next 30 years. This represents 51% of all properties in Somerset Place.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Somerset Place has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Somerset Place is most at risk from hurricanes. 175 properties in Somerset Place have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 84 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 99 mph.