Somerset, PA 15501 Real Estate & Property Data

Somerset, PA 15501 Real Estate Market Trends
Last Updated: April 24, 2024

A total of 188 residential properties have been sold over the past 12 months in 15501. With a median sales price of $245,000 in 15501. Discover market trends and get the granular level real estate data for Somerset, PA 15501 to keep your pulse on the housing market. Curate compelling home reports for Somerset, PA 15501 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Somerset, PA 15501 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 15501 Real Estate Overview

There were 188 residential properties sold in the past year in Somerset, PA 15501. The median home value in Somerset, PA 15501 is $185,215. There are a total of 5,945 residential properties in the 15501.

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 15501 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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