Current Somerset apartment home inventory includes 4 active listings, all classified as conventional condo, with asking prices ranging from $239,000 to $265,000. The median asking price is $245,000 and the average asking price is $248,500. Current listings average approximately $303 per square foot, with a median of approximately $304 per square foot.
12-Month Somerset Apartment Market Snapshot
For the 12 months ending September 30, 2026:
- Average Sold Price: $245,908
- Selling Time: 53.4 days average; 45.5 days median
- Odds of Selling: 60.8% — based on 44 sold and 1 pending versus 29 listings that did not sell
- Sales: 44 apartment homes sold
- Months of Inventory: 0.8 months — seller-leaning
Over the 12 months ending September 30, 2026, 44 Somerset apartment homes sold at an average price of $245,908. Successful sales averaged 53.4 days on market, with a 45.5-day median, while the calculated odds of selling were 60.8%, based on 44 sold and 1 pending versus 29 listings that did not sell. With approximately 0.8 months of inventory, the market was seller-leaning at the end of the period.
