Somerset, KY Real Estate Market Summary – September 8, 2026

In Somerset, KY, the real estate market has seen 35 properties sold recently, which translates to an average of 1 sale every 1.17 days. The average living area of sold homes is approximately 2,569 square feet, with a median living area of 1,920 square feet.

Metric 30 Days
Number Sold 35
Sold Per Day 1.17
Average SQFT 2569
Median Sales Price $290,000
Average Sales Price $304,577
Average Price Per SQFT $135
Average Days on Market 15
Average Year Built 1995

 

Somerset, KY Single Family Home Analysis

The single-family home segment in Somerset recorded 33 properties sold, with an average living area of 2,623 square feet and a median of 1,968 square feet. Homes in this category averaged a sale price of $307,551, while the median sale price was $307,000.

Metric 30 Days
Number Sold 33
Sold Per Day 1.10
Average SQFT 2623
Median Sales Price $307,000
Average Sales Price $307,551
Average Price Per SQFT $138
Average Days on Market 15
Average Year Built 1994

 

Somerset, KY Condo & Townhome Analysis

In the condo and townhome segment, 2 properties were sold, both having an average and median living area of 1,688 square feet. The average sale price in this segment was $255,500, with the same figure marking the median sale price as well.

Metric 30 Days
Number Sold 2
Sold Per Day 1 every 15.00 days
Average SQFT 1688
Median Sales Price $255,500
Average Sales Price $255,500
Average Price Per SQFT $76
Average Days on Market 9
Average Year Built 2002

 

Buyer & Seller Analysis

  • 1 property sold every 1.17 days
  • Average days on market: 14
  • Median sale price of single-family homes: $307,000
  • Condo and townhome segment had an average price of $255,500
  • No data is available on the pricing of active listings.

Conclusion

Overall, Somerset’s real estate market remains dynamic with varied offerings across different segments. These figures reflect recent trends and indicate ongoing activity within the area.

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