Somerset borough: Median Home Value Trend
How Somerset borough'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
$119,400
2023
$144,400
Total change
+$25,000
% change
+20.9%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $119,400 | — |
| 2019 | $112,700 | $6,700 (-5.6%) |
| 2020 | $111,200 | $1,500 (-1.3%) |
| 2021 | $116,600 | +$5,400 (4.9%) |
| 2022 | $135,000 | +$18,400 (15.8%) |
| 2023 | $144,400 | +$9,400 (7%) |