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SOMERSET, KY 42501

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 42501

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Market Analysis

Data as of February 2026. Source: Realtor.com.

The SOMERSET, KY real estate market (42501) currently shows 90 active listings, with 23 pending sales. Homes are averaging 116 days on the market before going under contract.

Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 116 days on market compared to 64 days last year.

The median listing price has fallen 4.3% year-over-year, from $245,475 to $234,900.

Whether you are buying or selling in SOMERSET, KY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 17,080  ·  Density: 33.0/mi²  ·  Median household income: $47,279

Typical home value: $120,099  ·  Homeownership: 65.3%

Market Overview

Active Listings
90
⇧ 20% vs 75 last year
Pending
23
26% pending ratio
Median Price
$234,900
⇩ 4.3% vs $245,475 last year
Average Price
$292,897
⇧ 9.5% vs $267,490 last year
Days on Market
116
⇧ 81.3% vs 64 days last year

Price Per Square Foot

Median $/sqft
$142
⇩ 7.2% vs $153/sqft last year
Median Home Size
1,787 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 90 this year vs 75 last year
  • Days on market: 116 now vs 64 last year

Median & Average Pricing

Year over Year
  • Median: $234,900 (-4.3% YoY)
  • Average: $292,897 (+9.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.8 miles — 319 listings ($110,051,953 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
42501Somerset, KY 425010.0 mi91$25,749,269$239,900$282,959
42533Ferguson, KY 425338.0 mi4$499,732$139,900$124,933
42634Parkers Lake, KY 4263412.7 mi0$0$180,000$180,000
42553Science Hill, KY 4255315.8 mi23$6,321,435$259,500$274,845
40737Keavy, KY 4073717.5 mi5$1,968,900$350,000$393,780
40741London, KY 4074119.0 mi79$31,910,075$322,200$403,925
40744London, KY 4074420.0 mi64$24,839,936$299,000$388,124
40729East Bernstadt, KY 4072920.8 mi26$11,494,886$250,000$442,111
40445Livingston, KY 4044521.7 mi4$471,800$127,000$117,950
40740Lily, KY 4074022.8 mi5$995,000$170,000$199,000
42566Yosemite, KY 4256623.7 mi2$639,800$319,900$319,900
42565Windsor, KY 4256525.6 mi1$325,000$325,000$325,000
40419Crab Orchard, KY 4041926.8 mi15$4,836,120$314,900$322,408

Frequently Asked Questions

How many homes are for sale in SOMERSET, KY 42501?

As of February 2026, there are 90 active listings in SOMERSET, KY (zip code 42501), compared to 75 the prior year.

What is the median home price in SOMERSET, KY 42501?

The median listing price in SOMERSET, KY 42501 is $234,900 as of February 2026, a 4.3% decrease from $245,475 the prior year.

How long do homes stay on the market in SOMERSET, KY?

Homes in SOMERSET, KY 42501 spend an average of 116 days on the market before going under contract, compared to 64 days the prior year.

Is it a seller's or buyer's market in SOMERSET, KY 42501?

Based on current inventory and days-on-market data as of February 2026, SOMERSET, KY 42501 is currently a Buyer's Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 116 days on market compared to 64 days last year.

How much can I save on real estate commission in SOMERSET, KY?

With SELL123.com's maximum 3% commission, sellers in SOMERSET, KY 42501 save an estimated $4,698 compared to a typical 5% commission on the median listing price of $234,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.