Frequently Asked Questions

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 2838 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?

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The average property size in Somerset is 1616 sq.ft., the largest being 2664 sq.ft., and the smallest being 672 sq.ft.

Property Details

Lot Dimensions:

21649.32

Lot Features:

Utility Options:

0, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65, 66, 67, 68, 69, 70, 71, 72, 73, 74

Zoning:

Other

Building Utilities:

Electricity Available, Natural Gas Available, Sewer Available, Water Available

Directions:

From Hwy 27 Turn Onto Grand Central Blv. Take A Left Onto Venture Way And The Lot Is On The Left. Look For Sign.

Tax and Financial Info

Quick View

Address:

48 Venture Way Somerset KY 42503

Status:

Active

On Site:

73 Days On Site

Price:

$99, 000

Lot Size:

0.5

County:

Pulaski

MLS #:

26008862

Property Type:

Unimproved Land

Community Information

Area:

902 Southwest Pulaski County

City:

Somerset

Subdivision:

Rural

Zip Code:

42503

Active

$99,000

$11,000 on 06/12/2026

Beds

Baths

Sq. Ft.

48 Venture Way, Somerset, KY, 42503

Est. Payments: $0/mo

Land

Built in

73 days on Site

0.5 Lot Size

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Description

Prime commercial opportunity in the heart of Somerset! This 0.497-acre vacant lot at 48 Venture Way offers an excellent location for your next business venture. Positioned in a desirable and growing commercial area, the property provides great visibility, convenient access, and strong potential for a variety of commercial uses. With utili...

Source: LBAR as distributed by MLS GRID, MLS ID: 26008862

Listing provided courtesy of Tucker McAlpin with Godby Realty & Auction

Last Updated: 6/12/2026 | 2:35 PM

Mortgage Calculator

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Home Insurance: 0/mo

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About the Neighborhood

Somerset, Kentucky, offers a serene environment with predominantly single detached homes, featuring mostly two and three bedrooms. The community benefits from convenient access to both public and private primary and secondary schools nearby. Local amenities include around 10 grocery stores and several restaurants, accessible with ease by car. The city’s quiet streets enhance its calm atmosphere, creating a peaceful setting for residents. While the topography is gently sloping, the area remains easy to navigate by vehicle, and parking is generally convenient. This city combines suburban tranquility with essential services close at hand, making it a comfortable place to live.

Learn more about

Somerset Market Report

Avg. Days on Market

Avg. Price Per Sq. Ft.

163.26

Median List Price

$294,400

Homes Listed

Frequently Asked Questions

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

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