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Somerset, KY 42503 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Somerset, KY inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.09
ActiveActive listings: 5555PendingPending sales: 55
Somerset, KY: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $400k$400kSoldMedian sold price (last 6 months): $330k$330k
What homes actually sell for in Somerset, KY
Distribution of 200 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $250k to $415k
$140k to $204k: 18 sales$140k$204k to $268k: 40 sales$268k to $331k: 33 sales$268k$331k to $395k: 42 sales42sales$395k to $459k: 15 sales$395k$459k to $522k: 16 sales$522k to $586k: 10 sales$522k$586k to $650k: 2 salesMedian $330k

What the numbers say

As of September 14, 2026, Resideline is tracking 55 active listings and 5 pending sales in ZIP code 42503. That pending-to-active ratio of 0.09 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $400,000, while the median of the 200 closed sales Resideline tracked over the last six months was $330,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 42503 for 67 days.

Frequently asked questions

What is the median home price in 42503?

The median closed sale price in Somerset, KY 42503 was $330,000 over the last six months, based on 200 closed sales tracked by Resideline. The middle half of those sales ranged from $250,000 to $415,000.

Is 42503 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 55 active listings in 42503, a pending-to-active ratio of 0.09. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 42503 currently looks like a balanced market.

Nearby ZIP code market data

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