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SOMERSET, KY 42501

Real Estate Market Report
Seller's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 42501

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Market Analysis

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

The SOMERSET, KY real estate market (42501) currently shows 82 active listings, with 23 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has tightened compared to last year, with 26 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 72 days on market compared to 78 days last year.

The median listing price has fallen 0.8% year-over-year, from $267,125 to $264,900.

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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
82
⇩ 24.1% vs 108 last year
Pending
23
28% pending ratio
Median Price
$264,900
⇩ 0.8% vs $267,125 last year
Average Price
$324,837
⇧ 11.6% vs $291,131 last year
Days on Market
72
⇩ 7.7% vs 78 days last year

Price Per Square Foot

Median $/sqft
$140
⇩ 13% vs $161/sqft last year
Median Home Size
1,819 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 82 this year vs 108 last year
  • Days on market: 72 now vs 78 last year

Median & Average Pricing

Year over Year
  • Median: $264,900 (-0.8% YoY)
  • Average: $324,837 (+11.6% 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 — 325 listings ($100,703,467 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
42501Somerset, KY 425010.0 mi90$26,360,730$234,900$292,897
42533Ferguson, KY 425338.0 mi3$367,350$139,900$122,450
42518Bronston, KY 4251814.2 mi38$14,138,812$329,950$372,074
42567Eubank, KY 4256716.4 mi18$5,486,094$269,000$304,783
40701Corbin, KY 4070118.5 mi99$30,524,076$270,925$308,324
42653Whitley City, KY 4265319.4 mi11$2,913,504$199,500$264,864
42544Nancy, KY 4254420.2 mi41$15,468,808$312,450$377,288
42516Bethelridge, KY 4251621.2 mi1$275,000$275,000$275,000
40445Livingston, KY 4044521.7 mi4$468,800$124,450$117,200
40740Lily, KY 4074022.8 mi3$686,925$234,450$228,975
42566Yosemite, KY 4256623.7 mi2$639,800$319,900$319,900
42565Windsor, KY 4256525.6 mi1$320,000$320,000$320,000
40419Crab Orchard, KY 4041926.8 mi14$3,053,568$186,175$218,112

Frequently Asked Questions

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

As of September 2026, there are 82 active listings in SOMERSET, KY (zip code 42501), compared to 108 the prior year.

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

The median listing price in SOMERSET, KY 42501 is $264,900 as of September 2026, a 0.8% decrease from $267,125 the prior year.

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

Homes in SOMERSET, KY 42501 spend an average of 72 days on the market before going under contract, compared to 78 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 September 2026, SOMERSET, KY 42501 is currently a Seller's Market. Inventory has tightened compared to last year, with 26 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 72 days on market compared to 78 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 $5,298 compared to a typical 5% commission on the median listing price of $264,900. 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.