What is the median home value in Somerset Township, MN?

Name: Home values in Somerset Township, MN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Somerset Township, MN is $283,300 (±$37,808), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Somerset Township, the median home value went from $204,500 in 2015–2019 to $283,300 in 2020–2024 (+38.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median home value: $283,300 (±$37,808)
Owner-occupied homes: 240 (±39)
Most common range: $300,000 to $499,999

Home values in Somerset Township

Owner-occupied homes by value, 2020–2024
Value	Somerset Township	Steele County	Minnesota	United States
Less than $50,000	1.7% (±1.8 points)	5.4%	4.0%	5.3%
$50,000 to $99,999	9.6% (±6.1 points)	3.5%	3.7%	6.1%
$100,000 to $149,999	5.4% (±5.6 points)	7.9%	5.2%	6.8%
$150,000 to $199,999	13.3% (±5.1 points)	16.8%	8.1%	9.0%
$200,000 to $299,999	23.8% (±7.6 points)	32.4%	22.6%	17.8%
$300,000 to $499,999	35.0% (±8.3 points)	26.9%	36.9%	26.9%
$500,000 to $999,999	10.4% (±5.3 points)	6.4%	17.0%	20.9%
$1,000,000 or more	0.8% (±1.1 points)	0.8%	2.6%	7.1%

The most common range is $300,000 to $499,999, 35.0% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Somerset Township against Steele County, its state and the nation

Estimate (90% margin of error)
	Somerset Township	Steele County	Minnesota	United States
Median home value	$283,300 (±$37,808)	$245,400 (±$8,328)	$329,300 (±$903)	$332,700
Owner-occupied homes	240 (±39)	12,020 (±263)	1,666,687 (±7,556)	84,210,142

In Somerset Township, the median home value is not measurably different from Steele County ($245,400).

It is also lower than in Minnesota ($329,300).

It is lower than the national figure ($332,700).

In Steele County, Somerset Township ranks 8 of 17 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 1004 of 2,558.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Somerset Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$204,500 (±$14,698)	$283,300 (±$37,808)	+38.5%	No measurable change after inflation
Median owner cost with a mortgage	$1,523 (±$133)	$1,767 (±$218)	+16.0%	No measurable change after inflation
Median real estate taxes	$1,917 (±$134)	$2,701 (±$224)	+40.9%	Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Somerset Township

Nearest places with a published estimate, compared with Somerset Township
Place	Distance	Median home value	Compared with this place
Somerset Township	—	$283,300 (±$37,808)	—
Aurora Township	5.3 mi	$303,500 (±$40,477)	Not measurably different
Owatonna Township	5.5 mi	$352,200 (±$25,734)	Higher
Summit Township (Steele County)	5.8 mi	$321,700 (±$32,014)	Not measurably different
Lemond Township	6.3 mi	$263,200 (±$28,506)	Not measurably different
Blooming Prairie Township	7.8 mi	$270,500 (±$18,922)	Not measurably different
Owatonna	8.1 mi	$245,200 (±$10,754)	Not measurably different
Ellendale	8.2 mi	$155,200 (±$13,021)	Lower
Havana Township	8.4 mi	$380,800 (±$43,537)	Higher

Nearby places with a measurably lower figure: Ellendale, MN ($155,200).

Nearby places with a measurably higher figure: Owatonna Township, MN ($352,200), Havana Township, MN ($380,800).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Steele County, place by place

Rank	Place	Median home value
2	Havana Township	$380,800 (±$43,537)
3	Merton Township	$356,000 (±$50,398)
4	Owatonna Township	$352,200 (±$25,734)
5	Deerfield Township (Steele County)	$350,000 (±$60,579)
6	Summit Township (Steele County)	$321,700 (±$32,014)
7	Aurora Township	$303,500 (±$40,477)
8	Somerset Township	$283,300 (±$37,808)
9	Berlin Township	$279,500 (±$26,452)
10	Blooming Prairie Township	$270,500 (±$18,922)
11	Lemond Township	$263,200 (±$28,506)
12	Meriden Township	$258,300 (±$41,850)
13	Medford	$249,600 (±$18,456)
14	Owatonna	$245,200 (±$10,754)

Showing 13 of 17 places in Steele County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Somerset Township

What is the average home value in Somerset Township, MN?

The Census Bureau publishes the median: $283,300 (±$37,808) for owner-occupied homes in Somerset Township (2020–2024 American Community Survey).

Have home values in Somerset Township gone up?

In Somerset Township, the median home value went from $204,500 in 2015–2019 to $283,300 in 2020–2024 (+38.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Somerset Township sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Somerset township, Steele County, Minnesota (county subdivision:61150, in state:27 county:147).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.