Somerset, KY Housing Market & City Data

Explore key insights and real experiences from people who call Somerset home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

11,585
Population Estimate
$118,947
Median Home Value
90.8%
Employment Rate
14.6%
Bachelor's Degree+

Housing & Demographic Overview

Key insights about the community

Data as of October 2026

HOUSING DATA (October 2026)

Median Price per SqFt$148
Median Listing Price$324,925
Median Days on Market67
Active Listings211
New Listings60
Total Listings (Active + Pending)248
Avg Listing Price$383,057
Avg Listing Price Change MoM-3%
Avg Listing Price Change YoY7%

HOUSEHOLD OVERVIEW

Family Size3.15
Family Dual Income37.4
Median Household Income$29,611
Median Individual Income$17,254
Home Ownership43.8%
Home Value$118,947
Median Rent$657
Rent Burden38.0%
Poverty31.4%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

  • No Highschool Degree or GED21.4%
  • Highschool Education33.7%
  • Some College30.2%
  • Bachelors Degree8.9%
  • Graduate Degree5.7%
  • Total College or Above14.6%
  • Stem Degree36.8%

GENDER BREAKDOWN

  • Male47.1%
  • Female52.9%

MARITAL STATUS

  • Married40.1%
  • Divorced20.0%
  • Never Married28.4%
  • Widowed11.6%

CITY DATA & AGE BREAKDOWN

CITY DATA

CitySomerset
State IDKY
Population11,585

AGE BREAKDOWN

Age Group% of Population
Under 1824.6%
19–2912.8%
30–3912.0%
40–4915.6%
Age Group% of Population
50–5911.1%
60–699.8%
70–798.0%
80+6.3%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation48.5%
Unemployment Rate9.2%
Disabled18.3%

ETHNICITY

White94.0%
Black2.5%
Asian0.6%
Native American0.0%
Pacific Islander0.0%
Other0.4%
Multiple2.5%

OTHER

Hispanic6.2%
Limited English0.4%
Health Uninsured10.4%
Veteran7.6%

Local Discussions

Community questions and conversations about living in Somerset, KY.

  1. Is Somerset, KY a good place to buy a house?

    Local perspectives on Somerset home prices, buyer demand, neighborhoods, and what to consider before buying a home.

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  2. What are the best neighborhoods in Somerset, KY for families?

    Local insights on Somerset neighborhoods, schools, parks, commute times, and other factors families may want to consider.

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  3. What should home buyers know about the Somerset, KY housing market?

    Local insights on Somerset home prices, housing inventory, buyer competition, and current real estate market conditions.

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  4. Is it better to buy or rent a home in Somerset, KY?

    Compare Somerset home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.

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  5. What are the most affordable neighborhoods in Somerset, KY?

    Explore Somerset neighborhoods where home buyers may find more affordable housing options and better value for their budget.

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  6. How much income do you need to buy a house in Somerset, KY?

    Learn how Somerset home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.

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  7. How much are property taxes on a home in Somerset, KY?

    Learn how Somerset property taxes are calculated and how they can affect the overall cost of owning a home.

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  8. What are the best neighborhoods in Somerset, KY for first-time home buyers?

    Explore Somerset neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.

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  9. What is it like to live in Somerset, KY?

    Local perspectives on Somerset neighborhoods, cost of living, weather, commuting, things to do, and everyday life.

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  10. What should I know before moving to Somerset, KY?

    What newcomers should know about Somerset housing costs, neighborhoods, transportation, weather, and everyday expenses.

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Top Real Estate Agents in Somerset, KY

Neighborhoods in Somerset, KY

No neighborhoods were found in the current property sample.