Are house prices dropping in Somerset?

The house prices in Somerset are indeed dropping at the moment. There has been a decrease in price of $0.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

What is the housing market like in Somerset at this time?

The housing market and house prices in Somerset are going down. The average house price is $189,000.00 and the average price per square feet is $105.04 per square foot. At the moment, there are 7 homes listed - 3 active, 0 pending, and 4 sold in Somerset.

What is the most popular place to buy a house in Somerset?

The most popular place to buy a home in Somerset is 8506 - Wabash - Waltz. 8506 - Wabash - Waltz has the most properties listed and appears to have the highest demand.

What is the amount of property taxes you have to pay for a house in Somerset?

The average amount of property taxes you would have to pay for a home in Somerset is $773.55. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.

How fast are houses listed in Somerset being sold?

Properties in Somerset stay on the market for an average of 0 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.

How often are houses listed for sale in Somerset?

The last home listed in Somerset was 803 minutes ago.

Can you visit houses in Somerset?

Currently, there are 0 open houses available for viewing in Somerset.

What is the most expensive house in Somerset?

The cost of the most expensive home in Somerset is $269,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.

What is the cheapest house in Somerset?

The cost of the cheapest home in Somerset is $59,900.00. Buying a cheaper home can keep payments low and leave room for customization.

How old are the homes in Somerset?

The oldest home in Somerset was built in 1955, and the newest in 1991.

How big are the homes in Somerset?