Market Intelligence Report — KY-700

Somerset, KY

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-KY-05
As of the latest 2026 data
Cooling

Median Listing

$320K
+0.3% YoY

Pending Ratio

0.30
+0.9% YoY

Active Inventory

354
+10.6% YoY

Median DOM

65 Days
+0.8% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Somerset market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Somerset, KY.

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The Somerset market is currently Cooling, with a pending ratio of 0.30 indicating that demand absorption is not keeping pace with available supply. Active listings have expanded by 10.6% over the past year, further contributing to this dynamic.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Somerset market right now.

The most recent data indicate a decelerating market. While the median listing price experienced a modest month-over-month increase of 1.3%, the year-over-year growth was a mere 0.3%. Active listings have increased by 10.6% over the past year, expanding options. The pending ratio, at 0.30, suggests a decline in buyer engagement relative to prior periods. Median days on market remain elevated at 65.

Historical Analysis

Market Trends

Median Price

$320K+1.3% MoM

Active Inventory

354+10.6% YoY

Days on Market

65+0.8% YoY

Sold Score™

27+0.9% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

27
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

In a Cooling market, negotiating leverage shifts towards buyers. The pace of transactions is slower, and the expansion of active listings creates less pressure for rapid decisions. Price discipline becomes more critical for sellers as inventory accommodates longer consideration periods.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

354 active listings represent the current floor, with new supply arriving at roughly 96 per month.

Pricing Pressure
22.5%

of active listings carry a price reduction, -0.8% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.2% year-over-year.

Absorption
0.30

Pending-to-active ratio — Cooling.

The Monthly Briefing

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Metro Demographics

Metro Area
Somerset, KY
CBSA Code
43700
State
KY

ZIPs in Somerset, KY

Sorted by active inventory · click a ZIP for its full report