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Somerset, KY 42503 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Somerset, KY inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 6161PendingPending 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): $450k$450kSoldMedian sold price (last 6 months): $335k$335k
What homes actually sell for in Somerset, KY
Distribution of 201 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $250k to $415k
$109k to $177k: 16 sales$109k$177k to $244k: 20 sales$244k to $312k: 50 sales50sales$244k$312k to $380k: 43 sales$380k to $447k: 17 sales$380k$447k to $515k: 18 sales$515k to $582k: 10 sales$515k$582k to $650k: 5 salesMedian $335k

What the numbers say

As of October 5, 2026, Resideline is tracking 61 active listings and 5 pending sales in ZIP code 42503. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $450,000, while the median of the 201 closed sales Resideline tracked over the last six months was $334,750. 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 82 days.

Frequently asked questions

What is the median home price in 42503?

The median closed sale price in Somerset, KY 42503 was $334,750 over the last six months, based on 201 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 61 active listings in 42503, a pending-to-active ratio of 0.08. 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

Full Somerset, KY housing market report →

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