Housing in Somerset, OH is affordable and desirable. The median value of a house in the area is $226,700, which is much lower than the US House Median Value of $338,100. Moreover, Somerset, OH has experienced a higher one-year house appreciation rate than the US average at 12.77%. This appreciation rate suggests that people are increasingly investing in housing in Somerset, making it an ideal place for potential homeowners to consider.
The median home cost in Somerset is $226,700. Home appreciation the last 10 years has been 79.6%. Home Appreciation in Somerset is up 14.0%.
Average Age of Homes
- The median age of Somerset real estate is 70 years old
The Rental Market in Somerset
- Renters make up 41.4% of the Somerset population
- 0.0% of houses and apartments in Somerset, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.