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Foreclosure Homes in Somerset, WI

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Somerset, WI Foreclosures

How much do homes sell for in Somerset, WI?
The average home price is currently $450,261.
In Somerset, WI, how many homes are available?
There are currently 13 active home listings available in Somerset.
What’s the average rental cost in Somerset, WI?
The average rental price in Somerset is $1,316.
What is the most expensive home in Somerset?
The most expensive home sold in Somerset had a price of $7,356,136.
What is currently the cheapest priced home in Somerset, WI?
The cheapest home for sale in Somerset is priced at $31,095.

Living in Somerset, WI

Somerset, WI is a peaceful village enriched with natural beauty and community charm. This area offers a variety of outdoor activities and local conveniences, making it ideal for families and retirees alike. The nearby St. Croix River adds to the region's appeal, attracting those who enjoy nature.

Current Market Conditions in Somerset, WI

The real estate market in Somerset is currently experiencing steady growth, with a mixture of charming older homes and new constructions appealing to a diverse range of buyers. Property values have seen a consistent increase, driven by demand for family-oriented housing and a surge in remote workers seeking serene environments.

Investors can find solid opportunities here, as the rental market remains robust and the population growth indicates sustained demand for housing. Somerset's blend of affordability and community amenities make it a promising spot for real estate investment.

Home Value Estimator For Somerset, WI

There are currently 2,754 real estate properties in Somerset, WI, with a median automated valuation model (AVM) price of $381,882.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Somerset, WI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Somerset, WI, is $450,261.00, with the most expensive house in Somerset, WI, topping out at $7,356,136.00 and the cheapest home in Somerset, WI, clocking in at $31,095.00. In other words, there’s something for every potential homebuyer or savvy investor in Somerset, WI!

Rent Prices In Somerset, WI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Somerset, WI, is on a rollercoaster ride. The average rent price in Somerset, WI, is $1,316.00. Indeed, when looking to rent in Somerset, WI, you can expect to pay as little as $660.00 or as much as $2,530.00, with the average rent median estimated to be $1,320.00. The good news is that finding an affordable and desirable property to rent in Somerset, WI -- 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.

Somerset, WI Foreclosures


Market Trend for Somerset, WI

Total Listings Available: 13

Market Values:

Home Prices from $31,095 to $7,356,136

Average Sales Price: $450,261

Rental Values:

Rental from $660 to $2,530

Average Rent Value: $1,316 / month

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