Somerset, KY Housing Market 2026: Median Home Price, Last 12 Months

In a market the size of Somerset, individual sales move the needle. The figures below rest on 124 tracked closings over the last 12 months, so read them as the direction of the market rather than a precise price for any one street.

The snapshot

• •Closings tracked, last 12 months: 124
• •Median sold price, last 12 months: $217,750 (low-volume sample)
• •Median sold $/sqft, last 12 months: $133
• •Middle half of sales closed between: $157,500 and $270,000

What the numbers say

Resideline tracked 124 closed sales in Somerset over the last 12 months, with a median closing price of $217,750. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $157,500 and $270,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. 90% of the Somerset closings we track here are single-family houses, so these figures primarily reflect that segment, and the citywide $/sqft figure primarily reflects that segment as well. Across the 124 closings with usable living area, the middle half sold between $101 and $164 per square foot.

Figures last updated August 22, 2026 from closings Resideline tracked.

Median home price in Somerset, KY (August 2026)

The median home price in Somerset is $217,750, measured across the 124 closed sales Resideline tracked over the last 12 months. The middle half of those sales closed between $157,500 and $270,000.

Where Somerset sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Somerset over the last 12 months, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $157,500 and $270,000. Where your target property sits inside that spread matters more than the citywide median.

How long a sale takes here

• •Listed to under contract: a median of 37 days, across 47 Somerset closings Resideline tracked in the last 12 months
• •Contract to closing: a median of 32 days, across 42 Somerset closings Resideline tracked in the last 12 months

The Somerset angle

The count, 124, is a modest sample. Spend it on precision: match property type, match size, then check condition on what remains, and let that set produce the estimate. Widening to fill out a larger set undoes the benefit, because the extra closings come from further across a wide range. Comps that reach upward without matching the subject cost more than comps that fall short, which makes their position relative to $217,750 worth checking explicitly.

From market read to offer price

A thin market punishes generic pricing; the way to firm up a number here is the specific property and its handful of true comps. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. As of August 2026, the public scoreboard showed 3.26% median error across 11,465+ graded closings. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Somerset address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Somerset, KY
Data updated: August 2026
Analysis period: last 12 months
Tracked closings: 124
Median sold price: $217,750
Median sold $/sqft: $133 (124 qualifying)
Property mix: 90% houses
https://resideline.com/blog/somerset-ky-housing-market

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records. This is a low-volume sample: treat the statistics as directional rather than precise estimates of the entire local market.

Every local market figure on this page is computed from closed sales Resideline tracked in Somerset over the last 12 months, and is refreshed when the data is. This is a low-volume market: the figures below rest on 124 closings inside the city limits, so treat the median as indicative rather than precise.