Home prices
The median home cost in Somerset is $112,700. It is about $16,040 (16%) higher in comparison to its surrounding areas.It is about $104,800 (48%) lower in comparison to the United States as a whole, and it is roughly $12,300 (9%) lower compared to the city of Pittsburgh.
Rents
The median rent in Somerset is $535 per month. It is approximately $48 (8%) lower in comparison to its surrounding areas.It is approximately $527 (49%) lower in comparison to the entire country, and in comparison to the city of Pittsburgh it is approximately $423 (44%) lower.
Nearby places
Friedens
Friedens is approximately 4 miles northeast from Somerset. Housing prices there are somewhat more expensive. The price of the median home in Friedens is $121,400, which works out to $8,700 (7%) higher than Somerset. The rent there is pretty similar. The median monthly rent in Friedens is $548, which works out to $13 (2%) higher than Somerset.
Rockwood
Rockwood is about 7 miles southwest of Somerset. The housing prices there are a lot less expensive. Rockwood's median home price is $83,400, which comes out to $29,300 (35%) lower than Somerset. Its rents are a little more expensive. The median monthly rent in Rockwood is $601, which works out to $66 (10%) higher than Somerset.
Shanksville
Shanksville is roughly 7 miles east from Somerset. Real estate prices there are a lot less expensive. Shanksville's median home value is $83,000, which is $29,700 (35%) lower than Somerset. The rent there is a bit more expensive. The median rent in Shanksville is $740 per month, which works out to $205 (27%) higher than Somerset.
Berlin
Berlin is approximately 8 miles southeast of Somerset. Its housing prices are similar. The price of the median home in Berlin is $108,600, which is $4,100 (3%) lower than Somerset. Its rents are fairly similar. In Berlin the median monthly rent is $517, which is $18 (3%) lower than Somerset.
Stoystown
Stoystown is approximately 8 miles northeast of Somerset. Its real estate prices are a bit less expensive. The median home price in Stoystown is $86,900, which comes out to $25,800 (29%) lower than Somerset. The rent there is a little less expensive. Stoystown's median rent is $509 a month, which works out to $26 (5%) lower than Somerset.