Somerset, CA—95684
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Somerset, CA
As of Oct '25, the median home price in Somerset, CA is $453,000, with a year-over-year change of -2.6%. This indicates that home prices in Somerset, CA are decreasing. According to Zillow, the 1-year price projection is -1.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $453,000 | -2.6% |
| Single Family | $453,000 | -3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $274,000 | -0.4% |
2 Bed | $372,000 | -3.9% |
3 Bed | $500,000 | -2.9% |
4 Bed | $606,000 | -2.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Somerset, CA
As of July '25, Rentcast reports the average rent in Somerset, CA is $2,450, with a year-over-year rent change of 36.1%. Per bedroom, the median rent as of July '25 in Somerset, CA is 3-bedrooms: $2,450. The most common rental property sizes in Somerset, CA are 1-bedroom and studio, accounting for 33.1% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,450 | $2,450 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,450 | $2,450 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Somerset, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Somerset, CA is 115. 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $568,000 | -13.0% |
Listing Count | 34 | -4.0% |
| Listings as % of Homes | 1.0% | -4.0% |
Days on Market | 115 | 12.0% |
Demographics — Somerset, CA
As of the latest ACS Survey released in 2023, Somerset, CA has a population of 2,640, which has decreased by -22.1% over the past 5 years. Somerset, CA is a less popular place for families, as children make up 6.4% of the population. The area has a moderately educated workforce, with 30.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,640 | -22.1% |
% Under 18 | 6.4% | -38.5% |
% Seniors | 37.8% | 62.2% |
% WFH | 20.3% | 269.1% |
% w/ College Degree | 30.5% | 48.1% |
As of the latest ACS Survey released in 2023, Somerset, CA is a predominantly white area, with 75.5% of the population identifying as white. The white population has shrunk by 9.1% in the last 5 years. The second most common race or ethnicity in Somerset, CA is hispanic, making up 16.3% of the population. Foreign-born residents account for 3.1% of the population in Somerset, CA, and this percentage has decreased by 63.5% 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 | 75.5% | -9.1% |
% Black | 0.4% | ∞% |
% Hispanic | 16.3% | 85.2% |
% Asian | 1.7% | 6.2% |
% Foreign Born | 3.1% | -63.5% |
Mortgage and Risk — Somerset, CA
According to HUD data as of 2023, there were 86 mortgage originations in Somerset, CA, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Somerset, CA. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 86 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Somerset, CA
Somerset, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,590 |
| 2 Bedroom | N/A | N/A | $1,970 |
| 3 Bedroom | $220 | $2,450 | $2,670 |
| 4 Bedroom | N/A | N/A | $3,080 |
Affordability — Somerset, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $453,000 |
| Median Household Income | $78,200 |