Single-family Foreclosures in Somerset, MA 02203

Current Market Conditions in Somerset, MA

The real estate market in Somerset is currently experiencing a moderate level of activity, with home values reflecting the area's desirability. Prices have seen a gradual increase over recent months as families look for stable, suburban options outside of more urban settings.

There is a growing interest among first-time homebuyers, particularly in search of affordable single-family homes. The market could be categorized as competitive, with homes ranging from cozy cottages to larger family-sized properties.

Rent Prices In Somerset, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Somerset, MA, is on a rollercoaster ride. The average rent price in Somerset, MA, is $1,673.00. Indeed, when looking to rent in Somerset, MA, you can expect to pay as little as $1,240.00 or as much as $3,440.00, with the average rent median estimated to be $1,650.00. The good news is that finding an affordable and desirable property to rent in Somerset, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.