All Home Types
Somerset, WI Housing Market
What is the housing market like in Somerset today?
In November 2024, Somerset home prices were down 2.7% compared to last year, selling for a median price of $388K. On average, homes in Somerset sell after 93 days on the market compared to 43 days last year. There were 5 homes sold in November this year, down from 12 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$388,000
-2.7% YoY | Nov 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Nov 2024
Growth
% YoY
Somerset, WI
$388,000
-2.7%
United States
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Somerset Migration & Relocation Trends
In Oct '24 - Dec '24, 20% of Somerset homebuyers searched to move out of Somerset, while 80% looked to stay within the metropolitan area.
- Across the nation, 0.80% of homebuyers searched to move into Somerset from outside metros.
- Albuquerque homebuyers searched to move into Somerset more than any other metro followed by Miami and Chicago.
Where are people moving to Somerset from?
- 80% of Somerset homebuyers searched to stay within the Somerset metropolitan area.
- Brainerd was the most popular destination among Somerset homebuyers followed by Duluth and Cape Coral.
Where are people from Somerset moving to?
Number of People Moving to Somerset
least
most
People are moving to Somerset from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Oct '24 - Dec '24 | ||
| 1 | 686 | ||
| 2 | 676 | ||
| 3 | 522 | ||
| 4 | 401 | ||
| 5 | 306 | ||
| 6 | 297 | ||
| 7 | 271 | ||
| 8 | 223 | ||
| 9 | 169 | ||
| 10 | 158 | ||
People are leaving Somerset for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Oct '24 - Dec '24 | ||
| 1 | 369 | ||
| 2 | 223 | ||
| 3 | 210 | ||
| 4 | 98 | ||
| 5 | 85 | ||
| 6 | 64 | ||
| 7 | 59 | ||
| 8 | 49 | ||
| 9 | 30 | ||
| 10 | 30 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Somerset.
Provided by First Street Foundation
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