Somerset, PA Real Estate & Property Data

Somerset Real Estate Market Trends
Last Updated: April 25, 2024

Accurate and comprehensive real estate data is critical for insight into Somerset, PA. ATTOM’s Somerset real estate data is updated daily, and current market trends show that in Somerset, PA a total of 188 residential properties have sold over the past year. With a median home price of $245,000 in Somerset. Get detailed property data for Somerset, PA instantly. ATTOM is your one-stop-shop for the Somerset property reports and real estate data you need in Somerset, PA.

Somerset Real Estate Market Trends
Total Residential Properties 5,945
Total Commercial Properties 785
Avg. Home Age (Single Family Home) 63 Years
Avg. Square Feet (Single Family Home) 1,780
Total 2024 Residential Sales (year-to-date) 29
% of Homes Seriously Underwater (Q2 2024) 2.27%
Total 2023 Residential Sales 179
% of Equity Rich Homes (Q2 2024) 29.24%
Effective 2023 Property Tax 1.3%
Total Foreclosure Filings (year-to-date) N/A
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Somerset, PA Real Estate Overview

There were 188 residential properties sold in the past year in Somerset, PA. The median home value in Somerset, PA is $185,215. There are a total of 5,945 residential properties in the Somerset.

Median Sales Price i
$245,000
(Feb 2024)
-20.8%
year-over-year
y-o-y
  • February '24 Feb '24 $245,000
  • January '24 Jan '24 $139,531
  • December '23 Dec '23 $112,750
  • November '23 Nov '23 $195,000
  • October '23 Oct '23 $162,000
  • September '23 Sep '23 $160,000
  • August '23 Aug '23 $230,000
  • July '23 Jul '23 $315,000
  • June '23 Jun '23 $179,450
  • May '23 May '23 $145,000
  • April '23 Apr '23 $65,000
  • March '23 Mar '23 $129,500
Median Down Payment i
$17,500
(Feb 2024)
-56.5%
year-over-year
y-o-y
  • February '24 Feb '24 $17,500
  • January '24 Jan '24 $8,750
  • December '23 Dec '23 $39,500
  • November '23 Nov '23 $38,125
  • October '23 Oct '23 $79,311
  • September '23 Sep '23 $48,000
  • August '23 Aug '23 $21,582
  • July '23 Jul '23 $15,750
  • June '23 Jun '23 $8,029
  • May '23 May '23 $4,750
  • April '23 Apr '23 $11,225
  • March '23 Mar '23 $4,473
Number of Homes Sold i
17
(Feb 2024)
+30.8%
year-over-year
y-o-y
  • February '24 Feb '24 17
  • January '24 Jan '24 12
  • December '23 Dec '23 12
  • November '23 Nov '23 19
  • October '23 Oct '23 15
  • September '23 Sep '23 14
  • August '23 Aug '23 13
  • July '23 Jul '23 13
  • June '23 Jun '23 19
  • May '23 May '23 18
  • April '23 Apr '23 11
  • March '23 Mar '23 12
Number of Purchase Loans i
9
(Feb 2024)
+125%
year-over-year
y-o-y
  • February '24 Feb '24 9
  • January '24 Jan '24 6
  • December '23 Dec '23 6
  • November '23 Nov '23 6
  • October '23 Oct '23 7
  • September '23 Sep '23 8
  • August '23 Aug '23 6
  • July '23 Jul '23 8
  • June '23 Jun '23 18
  • May '23 May '23 6
  • April '23 Apr '23 6
  • March '23 Mar '23 8
Number of REFI Loans i
10
(Feb 2024)
+66.7%
year-over-year
y-o-y
  • February '24 Feb '24 10
  • January '24 Jan '24 8
  • December '23 Dec '23 8
  • November '23 Nov '23 9
  • October '23 Oct '23 14
  • September '23 Sep '23 9
  • August '23 Aug '23 22
  • July '23 Jul '23 11
  • June '23 Jun '23 11
  • May '23 May '23 11
  • April '23 Apr '23 12
  • March '23 Mar '23 9
Number of HELOC Loans i
5
(Feb 2024)
-16.7%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 6
  • December '23 Dec '23 6
  • November '23 Nov '23 8
  • October '23 Oct '23 5
  • September '23 Sep '23 7
  • August '23 Aug '23 7
  • July '23 Jul '23 4
  • June '23 Jun '23 4
  • May '23 May '23 4
  • April '23 Apr '23 8
  • March '23 Mar '23 5

Somerset, PA Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Somerset, PA Foreclosure Activity

Total Foreclosure Filings i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 1
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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