Somerset, KY housing market
The typical Somerset home is worth about $202,000, about the same as a year ago, 13% below the Kentucky typical home. Homes typically sell in 56 days, below asking.
Home values, sales, trends and how Somerset compares with the towns next door — updated as new data is published.
Somerset at a glance
A seller's market
Supply is tight — about 2 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Somerset | Kentucky |
|---|---|---|
| 2017 | $111,000 | $131,000 |
| 2018 | $120,000 | $138,000 |
| 2019 | $132,000 | $146,000 |
| 2020 | $147,000 | $155,000 |
| 2021 | $168,000 | $173,000 |
| 2022 | $192,000 | $191,000 |
| 2023 | $194,000 | $207,000 |
| 2024 | $193,000 | $216,000 |
| 2025 | $202,000 | $229,000 |
| 2026 | $198,000 | $233,000 |
| August 2026 | $202,000 | $233,000 |
Somerset and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Somerset | $202K | −0.4% | 56 | $34,704 |
| Ferguson | $158K | −6.6% | — | $40,500 |
| Burnside | $101K | −10.7% | — | $58,750 |
| Science Hill | $196K | −0.4% | — | $50,341 |
5.8 years of income
The typical Somerset home costs about 5.8 years of the town's median household income, more than across Kentucky (3.7 years).
How Somerset ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.