The housing market in Somerset, PA County has seen a strong appreciation rate of 10.64%, compared to the US average of 8.27%. The median value for homes in Somerset is $141,800, which is lower than the US median of $338,100. This growth and lower pricing make Somerset an attractive option for those looking to buy a home in Pennsylvania.
The median home cost in Somerset County is $141,800. Home appreciation the last 10 years has been 48.0%. Home Appreciation in Somerset County is up 14.5%.
Average Age of Homes
- The median age of Somerset County real estate is 53 years old
The Rental Market in Somerset County
- Renters make up 17.2% of the Somerset County population
- 1.1% of houses and apartments in Somerset County, 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.