Somerset, TX—78069
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Somerset, TX
As of Oct '25, the median home price in Somerset, TX is $225,000, with a year-over-year change of -1.9%. This indicates that home prices in Somerset, TX are decreasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $225,000 | -1.9% |
| Single Family | $225,000 | -2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $224,000 | -1.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Somerset, TX
As of July '25, Rentcast reports the average rent in Somerset, TX is $1,320, with a year-over-year rent change of 14.8%. Per bedroom, the median rent as of July '25 in Somerset, TX is 1-bedrooms: $850, 3-bedrooms: $1,800. The most common rental property sizes in Somerset, TX are 3-bedroom and 2-bedroom, accounting for 65.5% and 26.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $1,320 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $850 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,800 | $1,800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Somerset, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Somerset, TX is 65. This is a increase of 12.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $330,000 | 6.0% |
Listing Count | 21 | 69.0% |
| Listings as % of Homes | 0.5% | 69.0% |
Days on Market | 65 | 12.0% |
Demographics — Somerset, TX
As of the latest ACS Survey released in 2023, Somerset, TX has a population of 6,900, which has increased by 8.3% over the past 5 years. Somerset, TX is a moderately popular place for families, as children make up 20.3% of the population. The area has a poorly educated workforce, with 8.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,900 | 8.3% |
% Under 18 | 20.3% | -32.1% |
% Seniors | 12.6% | 2.4% |
% WFH | 5.3% | -56.2% |
% w/ College Degree | 8.1% | -20.6% |
As of the latest ACS Survey released in 2023, Somerset, TX is a predominantly hispanic area, with 84.6% of the population identifying as hispanic. The hispanic population has grown by 9.4% in the last 5 years. The second most common race or ethnicity in Somerset, TX is white, making up 14.8% of the population. Foreign-born residents account for 10.8% of the population in Somerset, TX, and this percentage has decreased by 0.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 14.8% | -32.4% |
% Black | 0.0% | -100.0% |
% Hispanic | 84.6% | 9.4% |
% Asian | 0.1% | ∞% |
% Foreign Born | 10.8% | -0.9% |
Mortgage and Risk — Somerset, TX
Somerset, TX lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip 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 |
Loan Activity
No data available
Rentals and Section 8 — Somerset, TX
Somerset, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $850 | $910 |
| 2 Bedroom | N/A | N/A | $1,040 |
| 3 Bedroom | -$490 | $1,800 | $1,310 |
| 4 Bedroom | N/A | N/A | $1,440 |
Affordability — Somerset, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $225,000 |
| Median Household Income | $71,100 |