Somerset town: Median Home Value Trend
How Somerset town'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
$1,209,600
2023
$1,820,800
Total change
+$611,200
% change
+50.5%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $1,209,600 | — |
| 2019 | $1,475,800 | +$266,200 (22%) |
| 2020 | $1,491,900 | +$16,100 (1.1%) |
| 2021 | $1,527,300 | +$35,400 (2.4%) |
| 2022 | $1,646,700 | +$119,400 (7.8%) |
| 2023 | $1,820,800 | +$174,100 (10.6%) |