#B1613894, Lisa Kankolenski, Listing office: Howard Hanna WNY Inc.
Somerset Housing Market Report May 2025•Niagara County, New York
Housing Prices in Somerset, NY
How much do homes in Somerset, NY cost?
Housing Market Conditions
Is Somerset, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Somerset is a Buyer's Market
Difference Since April 2025
Last month, Somerset was a Neutral Market.
Somerset is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in May 2025
Homes in Somerset have sold for 37.9% more than they did a month ago.
Summary: The median home sold price in Somerset was $300,000 in May 2025, up 37.9% from last month, and the median price per square foot was $142.
Median Sold Price By Cities
City | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
Somerset | $217.5K | $300K | +37.9% |
Barker | $217.5K | $272.5K | +25.3% |
Median Sold Price By Bedrooms
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $55K | - | N/A |
33 Bedrooms | $380K | - | N/A |
44 Bedrooms | - | $300K | N/A |
55+ Bedrooms | - | - | N/A |
Summary: Somerset housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
How does Somerset, NY compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Somerset, NY
Housing supply in Somerset, NY
How many homes are available in Somerset, NY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
10Last MonthMay 2025 | ||
132 months agoApr 2025 | -23.1 % Change MoMApr – May |
Summary: The Somerset real estate market had 10 homes for sale in May 2025, a 23.1 % decrease compared to Apr 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
1Last MonthMay 2025 | ||
22 months agoApr 2025 | -50.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 2 | +100.0% |
22 Bedrooms | 3 | 1 | -66.7% |
33 Bedrooms | 4 | 2 | -50.0% |
44 Bedrooms | 2 | 2 | 0.0% |
55+ Bedrooms | 3 | 3 | 0.0% |
Summary: Somerset housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -66.7%. The inventory for 3 bedroom homes decreased by -50.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Somerset, NY cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price0 Home
If you're buying a home in Somerset, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Somerset in May 2025, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.
Days on Market for Somerset, NY
How long does it take to sell a home in Somerset, NY?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Many homes in Somerset are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 1 homes were sold in Somerset; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
5 DaysLast MonthMay 2025 | ||
96 Days1 month agoApr 2025 | -94.8 % Change MoMApr – May |
Summary: Homes in Somerset had an average listing age of 5 days in May 2025, down by 94.8% compared to the previous month.
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Newest Listings in Somerset, NY
What homes are available in Somerset, NY?
Nearby markets
Nearby markets aren't available for Somerset, NY
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MLS Disclaimers and Copyright
Based on information from New York State Alliance of MLS, for the period 04/01/2025 - 06/01/2025

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© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/17/2025, 9:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.