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Somerset, WI

Full City Profile · Wisconsin · Washington County County

3.3 /5.0
B Good
3,084 Population 929/sq mi density
$76,176 Median Income $32,711 per capita
$271,200 Home Value $401,329 Zillow
$1,127 Median Rent 29.5% income on rent
48°F Avg Temperature 270 sunny days/yr
150 Violent Crime/100K 2,237 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$76,176 median income, 1.3% unemployment
A+
Affordability
4.7 / 5.0
$271,200 home value, $1,127/mo rent
F
Safety
1.0 / 5.0
150 violent crimes/100K
C+
Education
2.9 / 5.0
24.3% bachelor's degree or higher

Housing Overview

Median Home Value
$271,200
4% below
US avg: $281,900
Median Rent
$1,127/mo
3% below
US avg: $1,163/mo
Homeownership Rate
58.2%
11% below US avg (65.4%)
Total Housing Units
1,211
Median year built: 2000

Home Value by Source

Census Median
$271,200
Zillow (ZHVI)
$401,329
Median Sale Price
$262,500
Median List Price
$379,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

58.2%
Owner-Occupied
41.8%
Renter-Occupied
58%
42%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$797/mo
1 Bedroom
$872/mo
2 Bedroom
$1,097/mo
3 Bedroom
$1,405/mo
4 Bedroom
$1,572/mo
Census median rent: $1,127/mo

Market Indicators (Redfin)

Median Days on Market
93 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$170
Active Inventory
8
homes for sale

Affordability & Housing Stock

Rent Burden
29.5%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
2000
Average age of housing stock: 26 years
Homeownership Rate
58.2%

Complete Housing Data

Home Values

Census Median Value$271,200
Zillow Home Value (ZHVI)$401,329
Median Sale Price$262,500
Median List Price$379,900
Price Per Sq Ft$170

Rent

Census Median Rent$1,127
FMR Studio$797
FMR 1-Bedroom$872
FMR 2-Bedroom$1,097
FMR 3-Bedroom$1,405
FMR 4-Bedroom$1,572

Market

Days on Market93
Sale-to-List Ratio1.0%
Price Drops25.0%
Homes Sold4
Active Inventory8
Price Per Sq Ft$170

Ownership & Stock

Owner-Occupied58.2%
Renter-Occupied41.8%
Homeownership Rate58.2%
Total Housing Units1,211
Median Year Built2000
Rent Burden29.5%