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Somerset, MA

Full City Profile · Massachusetts · Bristol County County

3.7 /5.0
B+ Good
18,246 Population 2,310/sq mi density
$111,720 Median Income $55,168 per capita
$389,400 Home Value $493,043 Zillow
$1,313 Median Rent 30.2% income on rent
53°F Avg Temperature 275 sunny days/yr
238 Violent Crime/100K 721 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$111,720 median income, 1.6% unemployment
A+
Affordability
4.7 / 5.0
$389,400 home value, $1,313/mo rent
F
Safety
1.0 / 5.0
238 violent crimes/100K
B+
Education
4.0 / 5.0
37.0% bachelor's degree or higher

Housing Overview

Median Home Value
$389,400
38% above
US avg: $281,900
Median Rent
$1,313/mo
13% above
US avg: $1,163/mo
Homeownership Rate
84.4%
29% above US avg (65.4%)
Total Housing Units
7,539
Median year built: 1962

Home Value by Source

Census Median
$389,400
Zillow (ZHVI)
$493,043
Median Sale Price
$510,000
Median List Price
$425,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

84.4%
Owner-Occupied
15.6%
Renter-Occupied
84%
16%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,727/mo
1 Bedroom
$1,822/mo
2 Bedroom
$2,300/mo
3 Bedroom
$2,858/mo
4 Bedroom
$3,232/mo
Census median rent: $1,313/mo

Market Indicators (Redfin)

Median Days on Market
17 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
66.7%
of listings with price reduction
Price Per Sq Ft
$283
Active Inventory
3
homes for sale

Affordability & Housing Stock

Rent Burden
30.2%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
84.4%

Complete Housing Data

Home Values

Census Median Value$389,400
Zillow Home Value (ZHVI)$493,043
Median Sale Price$510,000
Median List Price$425,000
Price Per Sq Ft$283

Rent

Census Median Rent$1,313
FMR Studio$1,727
FMR 1-Bedroom$1,822
FMR 2-Bedroom$2,300
FMR 3-Bedroom$2,858
FMR 4-Bedroom$3,232

Market

Days on Market17
Sale-to-List Ratio1.0%
Price Drops66.7%
Homes Sold5
Active Inventory3
Price Per Sq Ft$283

Ownership & Stock

Owner-Occupied84.4%
Renter-Occupied15.6%
Homeownership Rate84.4%
Total Housing Units7,539
Median Year Built1962
Rent Burden30.2%