How much do homes in Somerset, NY cost?

Median List Price

$185,000

Based on all homes listed in the last 12 months.

Difference Since June 2020

+$10,000(+5.7%)

Key Takeaway

The list price of homes in Somerset has increased by 5.7% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSJun 2020Jun 2021%
1 -$144.4KN/A
2 $144.9K$150K+3.5%
3 $175K$196.2K+12.1%
4 $189.9K$214.4K+12.9%
5+ $332.4K$217.4K-34.6%

Median List Price Compared To Nearby Cities

Barker
+26.6%
Somerset
+5.7%
Hartland
+2.9%
Yates
-7.2%

How many homes are available in Somerset, NY?

Number of Homes For Sale

May 2021Jun 2021%
1213+8.3%

Homes For Sale By Bedroom Count

# BEDSMay 2021Jun 2021%
1 21-50.0%
2 21-50.0%
3 34+33.3%
4 57+40.0%
5+ 000.0%

Asking Price vs. Sold Price

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Average Listing Age

Jun 2020Jun 2021%
170 Days48 Days-71.3%

Breakdown of Home Sale Times

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About Somerset, NY

There are 13 homes are for sale in Somerset, NY real estate market. The inventory of homes for sale in Somerset, NY between May 2021 and June 2021 increased by 8.3%. In June 2021, listings were on the market for 48 days. During the same period, the median list price in this real estate market was $185,000. From May 2021 through June 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 3.5% more expensive, prices of 3 bedrooms properties went up by 12.1%, prices of 4 bedrooms properties went up by 12.9%, the cost of 5 bedrooms properties went down by 34.6%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes went down by 50%, 2 bedrooms homes became 50% less available, the quantity of 3 bedrooms homes went up by 33.3%, 4 bedrooms homes inventory increased by 40%, 5 bedrooms homes did not move. Somerset, NY housing market in June 2021 saw over 5 listings sold above listed price, more than 0 sold at listed price and over 0 sold below.