Housing & Real Estate — Somerset, Maryland

Overview

Total Housing Units381
Occupied359
Vacant22
Owner-Occupied318
Renter-Occupied41
Median Home Value (Census)$1,775,000
Estimated 2026~$2,042,000
Median Rent$3,501/mo
Median Property Tax$10,001/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityvery expensive
Rent as % of Income16.8%
Severely Rent-Burdened37.2%

Housing Age

Built 2010 or later14
Built 2000-200930
Built 1990-19994
Built before 1960336
Median Year Built1955
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.