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Somerset—21714

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$499,000
N/A
Household Income
$209,000
N/A
Days on Market
13
105.0% Longer YoY
Home Price Forecast
N/A
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Somerset

Somerset lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
N/AN/A
Single Family N/AN/A
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    N/A
    N/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    41.6%
    3 Bedrooms
    10.4%
    4 Bedrooms
    48.1%

    Rental Trends — Somerset

    Somerset lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    No data available

    Property Listings — Somerset

    As of Dec '25, Realtor.com reports that the median days on market for a home in Somerset is 141. This is a increase of 286.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$499,000-28.0%
    Listing Count
    		2∞%
    Listings as % of HomesN/A∞%
    Days on Market
    		13105.0%
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    Demographics — Somerset

    As of the latest ACS Survey released in 2023, Somerset has a population of 113, which has decreased by -43.2% over the past 5 years. Somerset is a less popular place for families, as children make up 0.0% of the population. The area has a highly educated workforce, with 59.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.7% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		113-43.2%
    % Under 18
    		0.0%-100.0%
    % Seniors
    		42.5%∞%
    % WFH
    		16.7%3.7%
    % w/ College Degree
    		59.0%-31.1%
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    Somerset lacks sufficient race and ethnicity data for analysis.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		100.0%0.0%
    % Black
    		0.0%N/A
    % Hispanic
    		0.0%N/A
    % Asian
    		0.0%N/A
    % Foreign Born
    		0.0%N/A
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    Mortgage and Risk — Somerset

    Somerset lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
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    Rentals and Section 8 — Somerset

    Somerset lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		N/A
    Total Units Section 8
    		N/A
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,620
    2 BedroomN/AN/A$1,830
    3 BedroomN/AN/A$2,290
    4 BedroomN/AN/A$2,700

    Affordability — Somerset

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income RatioN/A
    Median Home PriceN/A
    Median Household Income$209,000

    Somerset — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Frederick, MD

    21703

    Middletown, MD

    21769

    Jefferson, MD

    21755

    Frederick, MD

    21702

    Buckeystown

    21717

    Frequently Asked Questions