Somerset, KY metro area Housing Market Brief
metro · KY · as of August 2026
What is Somerset, KY metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Somerset, KY metro area in its market cycle?
Somerset, KY metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Somerset, KY metro area?
Our model forecasts Somerset, KY metro area’s home prices to hold flat over the next 12 months (medium confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Somerset, KY metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $267K | ▲ +2.7% |
| Median Days on Market | 74 days | ▲ +1.4% |
| Months of Supply | 4.9 | ▲ +6.5% |
| Homes for Sale | 385 | ▲ +21.1% |
| Homes Sold | 78 | ▲ +13% |
| Median Price / Sq Ft | $148 | ▲ +2.7% |
How has Somerset, KY metro area’s Alpha Score moved?
Markets like Somerset, KY metro area
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Frequently asked questions
Is Somerset, KY metro area a buyer's or seller's market?
As of August 2026, Somerset, KY metro area is classified as a Buyer's Market, based on its Alpha Score of 28 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Somerset, KY metro area?
The median sale price in Somerset, KY metro area is $267K, having risen 2.7% over the past year.
How affordable is Somerset, KY metro area?
Somerset, KY metro area scores 27 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Somerset, KY metro area's Alpha Score?
Somerset, KY metro area's strongest dimension is Price Momentum (37/100) and its weakest is Rental Yield (24/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Somerset, KY metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.