Somerset village: Median Home Value Trend
How Somerset village'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
$150,000
2023
$271,200
Total change
+$121,200
% change
+80.8%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $150,000 | — |
| 2019 | $172,600 | +$22,600 (15.1%) |
| 2020 | $187,300 | +$14,700 (8.5%) |
| 2021 | $195,700 | +$8,400 (4.5%) |
| 2022 | $243,700 | +$48,000 (24.5%) |
| 2023 | $271,200 | +$27,500 (11.3%) |