Foreclosure Homes in Somerset, TX 78069

Current Market Conditions in Somerset, TX

The real estate market in Somerset is currently experiencing steady growth, with an increase in demand for homes as more families and individuals look to settle in the area. Property values have appreciated modestly, attracting both first-time buyers and investors looking for rental opportunities.

Somerset's market has shown resilience with a balanced inventory of homes available for sale, allowing buyers to choose from a variety of options. The appeal of the nearby urban center, combined with Somerset's affordability, has made it a desirable location for new homeowners.

Rent Prices In Somerset, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Somerset, TX, is on a rollercoaster ride. The average rent price in Somerset, TX, is $1,142.00. Indeed, when looking to rent in Somerset, TX, you can expect to pay as little as $570.00 or as much as $2,640.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in Somerset, TX -- 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.