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Somerset city: Median Home Value Trend

How Somerset city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.

2017
$103,500
2023
$140,900
Total change
+$37,400
% change
+36.1%
Year Median Home Value Change
2017 $103,500
2019 $118,800 +$15,300 (14.8%)
2020 $113,400 $5,400 (-4.5%)
2021 $117,000 +$3,600 (3.2%)
2022 $131,900 +$14,900 (12.7%)
2023 $140,900 +$9,000 (6.8%)

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