How much do homes in Somerset, MD cost?

Median List Price

$1,719,918

Based on all homes listed in the last 12 months.

Difference Since May 2020

-$50,000(-2.8%)

Key Takeaway

The list price of homes in Somerset has decreased by 2.8% since last year.

Median List Price By Bedroom Count

# BEDSMay 2020May 2021%
1 --N/A
2 --N/A
3 $1.2M$1.1M-4.5%
4 $1.5M$1.4M-7.4%
5+ $1.7M$2.0M+13.1%

How many homes are available in Somerset, MD?

Number of Homes For Sale

Apr 2021May 2021%
89+12.5%

Homes For Sale By Bedroom Count

# BEDSApr 2021May 2021%
1 000.0%
2 000.0%
3 110.0%
4 23+50.0%
5+ 550.0%

Average Listing Age

May 2020May 2021%
243 Days130 Days-46.5%

About Somerset, MD

Somerset, MD has 9 homes on the market.

In May 2021, listings were on the market for 130 days. During the same period, the median list price in this real estate market was $1,719,918.

This housing market listing prices have changed between April 2021 and May 2021: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices increased by 0%, 3 bedrooms properties prices decreased by 4.5%, 4 bedrooms properties prices decreased by 7.4%, prices of 5 bedrooms properties increased by 13.1%.

Between April 2021 and May 2021, Somerset, MD real estate market has seen increase in the number of listings by 12.5%.

Volume of homes for sale changed: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes have not changed, the quantity of 3 bedrooms homes have not changed, 4 bedrooms homes inventory increased by 50%, volume of 5 bedrooms homes stayed the same.