Zip 81434 (Somerset, CO) Housing

Somerset, CO (81434) has a median housing value of $431,400, which is significantly higher than the US median value of $338,100. The US national rate of 1 year house appreciation was 8.27%, while home appreciation in Somerset was 20.57% over the same period - almost 2.5 times higher than the US average. This indicates that homes in Somerset are appreciating at a much higher rate than the national average, suggesting strong demand for real estate in this area of Colorado.

The median home cost in Somerset (zip 81434) is $431,400. Home appreciation the last 10 years has been 104.1%. Home Appreciation in Somerset (zip 81434) is up 17.7%.

Average Age of Homes

- The median age of Somerset (zip 81434) real estate is 59 years old

The Rental Market in Somerset (zip 81434)

- Renters make up 13.7% of the Somerset (zip 81434) population
- 0.0% of houses and apartments in Somerset (zip 81434), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Somerset, Colorado	United States
	141.0	139,647,020.0
	43	42
	$431,400	$338,100
	17.7%	16.6%
	72.3%	57.0%
	104.1%	101.1%
	$3.41	$10.98
	$836	$2,690
	52.5%	57.4%
	39.0%	11.2%
	8.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	39.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	35.1%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	6.8%	11.3%
	0.0%	13.0%
	16.2%	20.1%
	6.8%	13.6%
	0.0%	8.3%
	25.7%	9.7%
	9.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.2%	13.6%
	14.2%	13.6%
	8.5%	13.6%
	5.0%	13.2%
	19.1%	14.8%
	8.5%	13.6%
	18.4%	10.0%
	8.5%	4.7%
	8.5%	12.2%

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