What is the median home value in Somerset, OH?

The median value of owner-occupied homes in Somerset, OH is $225,000 (±$60,317), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Somerset, the median home value went from $121,400 in 2015–2019 to $225,000 in 2020–2024 (+85.3%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$225,000 (±$60,317)
Owner-occupied homes
306 (±92)
Most common range
$150,000 to $199,999

Home values in Somerset

Owner-occupied homes by value, 2020–2024
ValueSomersetPerry CountyOhioUnited States
Less than $50,0003.3% (±2.4 points)9.8%6.3%5.3%
$50,000 to $99,9995.9% (±4.8 points)13.1%10.0%6.1%
$100,000 to $149,9992.6% (±2.6 points)13.9%13.4%6.8%
$150,000 to $199,99934.0% (±13.5 points)15.8%16.3%9.0%
$200,000 to $299,99928.1% (±11.1 points)22.2%23.3%17.8%
$300,000 to $499,99924.2% (±12.6 points)15.5%21.8%26.9%
$500,000 to $999,9992.0% (±2.8 points)8.6%7.7%20.9%
$1,000,000 or more0.0% (±11.5 points)1.0%1.2%7.1%

The most common range is $150,000 to $199,999, 34.0% 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 against Perry County, its state and the nation

Estimate (90% margin of error)
SomersetPerry CountyOhioUnited States
Median home value$225,000 (±$60,317)$191,100 (±$9,760)$214,800 (±$742)$332,700
Owner-occupied homes306 (±92)10,273 (±381)3,267,904 (±16,882)84,210,142

In Somerset, the median home value is not measurably different from Perry County ($191,100).

It is not measurably different from Ohio ($214,800).

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

In Perry County, Somerset ranks 7 of 25 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 711 of 2,341.

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

How home values in Somerset have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$121,400 (±$19,572)$225,000 (±$60,317)+85.3%Up after inflation
Median owner cost with a mortgage$1,096 (±$168)$1,497 (±$231)+36.6%No measurable change after inflation
Median real estate taxes$1,407 (±$116)$1,866 (±$214)+32.6%No measurable change 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

Nearest places with a published estimate, compared with Somerset
PlaceDistanceMedian home valueCompared with this place
Somerset—$225,000 (±$60,317)—
Reading Township1.9 mi$265,900 (±$18,120)Not measurably different
Hopewell Township (Perry County)4.4 mi$272,200 (±$46,537)Not measurably different
Glenford5.6 mi$162,500 (±$38,987)Not measurably different
Clayton Township5.8 mi$168,000 (±$65,784)Not measurably different
Junction City5.9 mi$120,000 (±$28,902)Lower
Madison Township (Perry County)7.1 mi$275,900 (±$13,652)Not measurably different
Richland Township (Fairfield County)7.3 mi$261,500 (±$31,883)Not measurably different
Rushville7.5 mi$182,500 (±$14,906)Not measurably different

Nearby places with a measurably lower figure: Junction City, OH ($120,000).

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

Median home value across Perry County, place by place

RankPlaceMedian home value
1Thorn Township$333,800 (±$49,212)
2Madison Township (Perry County)$275,900 (±$13,652)
3Hopewell Township (Perry County)$272,200 (±$46,537)
4Reading Township$265,900 (±$18,120)
5Monday Creek Township$248,300 (±$243,291)
6Thornville$247,800 (±$46,586)
7Somerset$225,000 (±$60,317)
8Jackson Township (Perry County)$210,600 (±$31,888)
9Bearfield Township$192,500 (±$21,688)
10Clayton Township$168,000 (±$65,784)
11Glenford$162,500 (±$38,987)
12Pike Township (Perry County)$145,200 (±$35,121)
13Junction City$120,000 (±$28,902)

Showing 13 of 25 places in Perry 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

What is the average home value in Somerset, OH?

The Census Bureau publishes the median: $225,000 (±$60,317) for owner-occupied homes in Somerset (2020–2024 American Community Survey).

Have home values in Somerset gone up?

In Somerset, the median home value went from $121,400 in 2015–2019 to $225,000 in 2020–2024 (+85.3%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Somerset 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 village, Ohio (place:72977, in state:39).

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.

Figures last updated on .

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