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Somerset, KY
Full City Profile · Kentucky · Pulaski County County
2.5
/5.0
C+
Fair
12,108
Population
820/sq mi density
$32,910
Median Income
$32,302 per capita
$140,900
Home Value
$189,328 Zillow
$830
Median Rent
33.4% income on rent
58°F
Avg Temperature
299 sunny days/yr
304
Violent Crime/100K
2,240 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$32,910 median income, 4.5% unemployment
A
Affordability
4.3 / 5.0
$140,900 home value, $830/mo rent
F
Safety
1.0 / 5.0
304 violent crimes/100K
C
Education
2.4 / 5.0
16.9% bachelor's degree or higher
Housing Overview
Median Home Value
$140,900
50% below
US avg: $281,900
Median Rent
$830/mo
29% below
US avg: $1,163/mo
Homeownership Rate
42.9%
34% below US avg (65.4%)
Total Housing Units
5,021
Median year built: 1973
Home Value by Source
Census Median
$140,900
Zillow (ZHVI)
$189,328
Median Sale Price
$258,500
Median List Price
$424,750
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
42.9%
Owner-Occupied
57.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$719/mo
1 Bedroom
$794/mo
2 Bedroom
$984/mo
3 Bedroom
$1,277/mo
4 Bedroom
$1,442/mo
Census median rent:
$830/mo
· Zillow rent:
$1,088/mo
Market Indicators (Redfin)
Median Days on Market
101 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
21.4%
of listings with price reduction
Price Per Sq Ft
$125
Active Inventory
56
homes for sale
Affordability & Housing Stock
Rent Burden
33.4%
of renters spending 30%+ of income on housing
8% above US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
42.9%
Complete Housing Data
Home Values
| Census Median Value | $140,900 |
| Zillow Home Value (ZHVI) | $189,328 |
| Median Sale Price | $258,500 |
| Median List Price | $424,750 |
| Price Per Sq Ft | $125 |
Rent
| Census Median Rent | $830 |
| Zillow Rent (ZORI) | $1,088 |
| FMR Studio | $719 |
| FMR 1-Bedroom | $794 |
| FMR 2-Bedroom | $984 |
| FMR 3-Bedroom | $1,277 |
| FMR 4-Bedroom | $1,442 |
Market
| Days on Market | 101 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 21.4% |
| Homes Sold | 7 |
| Active Inventory | 56 |
| Price Per Sq Ft | $125 |
Ownership & Stock
| Owner-Occupied | 42.9% |
| Renter-Occupied | 57.1% |
| Homeownership Rate | 42.9% |
| Total Housing Units | 5,021 |
| Median Year Built | 1973 |
| Rent Burden | 33.4% |