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Somerset, MD
Full City Profile · Maryland · District of Columbia County
3.8
/5.0
B+
Good
1,020
Population
3,643/sq mi density
$250,001
Median Income
$155,205 per capita
$1,820,800
Home Value
$1,216,118 Zillow
$3,501
Median Rent
28.3% income on rent
56°F
Avg Temperature
293 sunny days/yr
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$250,001 median income, 0.5% unemployment
C+
Affordability
2.6 / 5.0
$1,820,800 home value, $3,501/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
94.2% bachelor's degree or higher
Housing Overview
Median Home Value
$1,820,800
546% above
US avg: $281,900
Median Rent
$3,501/mo
201% above
US avg: $1,163/mo
Homeownership Rate
88.6%
35% above US avg (65.4%)
Total Housing Units
378
Median year built: 1955
Home Value by Source
Census Median
$1,820,800
Zillow (ZHVI)
$1,216,118
Median Sale Price
$3,568,139
Median List Price
$2,167,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
88.6%
Owner-Occupied
11.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$901/mo
1 Bedroom
$907/mo
2 Bedroom
$1,167/mo
3 Bedroom
$1,586/mo
4 Bedroom
$1,667/mo
Census median rent:
$3,501/mo
Market Indicators (Redfin)
Median Days on Market
138 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$622
Active Inventory
1
homes for sale
Affordability & Housing Stock
Rent Burden
28.3%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
88.6%
Complete Housing Data
Home Values
| Census Median Value | $1,820,800 |
| Zillow Home Value (ZHVI) | $1,216,118 |
| Median Sale Price | $3,568,139 |
| Median List Price | $2,167,500 |
| Price Per Sq Ft | $622 |
Rent
| Census Median Rent | $3,501 |
| FMR Studio | $901 |
| FMR 1-Bedroom | $907 |
| FMR 2-Bedroom | $1,167 |
| FMR 3-Bedroom | $1,586 |
| FMR 4-Bedroom | $1,667 |
Market
| Days on Market | 138 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 1 |
| Price Per Sq Ft | $622 |
Ownership & Stock
| Owner-Occupied | 88.6% |
| Renter-Occupied | 11.4% |
| Homeownership Rate | 88.6% |
| Total Housing Units | 378 |
| Median Year Built | 1955 |
| Rent Burden | 28.3% |