Somerset median home price

The average home price in Somerset is $238,047, ranking #1,496 of 3,071 U.S. counties. Updated monthly and free to explore.

Median home price

$238,047

Ranks #1,496 of 3,071 U.S. counties, in the top 49%.

What median home price means

The median home value is the typical home price in a market: the midpoint of Zillow's home value index (ZHVI), which tracks a typical home across all types and price tiers. It is updated monthly and smoothed to cut noise, so it is a steadier read of what homes actually cost here than a raw median sale price, which swings with whatever happened to sell that month.

Somerset average home price: common questions

What is the average home price in Somerset?

The average home price in Somerset is $238,047, which ranks #1,496 of 3,071 U.S. counties. Curb Report updates this monthly and it is free to view.

Is the average home price in Somerset above or below the national average?

Somerset is higher than the U.S. median of $234,352, putting it in the top 49% of U.S. counties.

How does Somerset compare with the rest of Maine?

Somerset is lower than the Maine median of $331,668.

Is the average home price the same as the median home price?

People usually search for the "average home price" in a place, but the number published here is the typical home value from Zillow's ZHVI, which is a median-style measure rather than an arithmetic mean. That is deliberate: a true average is dragged upward by a handful of luxury sales, so it overstates what a normal home costs. For everyday purposes the two answer the same question, and the figure below is the better answer to it.

What does median home price mean?

The median home value is the typical home price in a market: the midpoint of Zillow's home value index (ZHVI), which tracks a typical home across all types and price tiers. It is updated monthly and smoothed to cut noise, so it is a steadier read of what homes actually cost here than a raw median sale price, which swings with whatever happened to sell that month.