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Housing in Somerset

144 homes sold in Somerset in the last year, at a typical $428K

Redfin reports Somerset’s sales by ZIP code, so these figures are for ZIP 54025, which takes in Somerset and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Somerset homes are listed.

Homes sold
144
ZIP 54025 · October 2025 to September 2026
Typical sale price
$428K
median, weighted by sales
Price per square foot
$172
Wisconsin $195
Paid vs. asking
99.5%
22% sold over asking
For sale now
25
September 2026 · 14 sold that month
What sold · last 12 months · ZIP 54025

Houses are 97% of Somerset’s sales, at a typical $431K (year to May 2026)

144 homes sold in the year to September 2026.

Houses$431K

typical sale · 149 sold in the year to May 2026

Per square foot
$171WI $196
Days to sell
49
Sold over asking
28%
14 years of sales

More homes sell than most years, at 2.2 times the 2016 price

144 sales in the last year, against 148 in 2022 and a low of 85 in 2014. The typical sale went from $199K in 2016 to $428K.

Homes soldTypical sale price
03775112150$200K$300K$400K$500K2012: 111 sold, typical $131K’122013: 94 sold, typical $153K2014: 85 sold, typical $173K’142015: 107 sold, typical $182K2016: 125 sold, typical $199K’162017: 145 sold, typical $223K2018: 140 sold, typical $236K’182019: 138 sold, typical $235K2020: 135 sold, typical $265K’202021: 136 sold, typical $317K2022: 148 sold, typical $377K’222023: 109 sold, typical $393K2024: 117 sold, typical $383K’242025: 145 sold, typical $420KLast 12 months: 144 sold, typical $428KNow

Source: Redfin Data Center, MLS sales; for ZIP 54025, which takes in Somerset and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $450K buys in Somerset

Houseat $171 a sq ft, year to May 2026
The same money in Wisconsinat $196 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Somerset homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Somerset are rarer than before the pandemic, but half fewer homes come up for sale

We read every month of home sales in ZIP 54025 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 144 sales.

If you’re buying in Somerset

  • Shop in April. It brings about 14 new listings a month, close to the busiest month, with fewer bidding wars (35% over asking).
  • Bid near asking. Buyers paid 99.5% of the list price on average; 22% paid over.
  • You’ll usually have time. Only 42% of homes go under contract within two weeks; the typical one takes 42 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 17 a month), but June is the most competitive: 43% of June sales close over asking. March has the least competition (28%).

New listings a monthShare sold over asking
0510152020%40%60%Sweet spotJan: 8 new listings a month, 32% sold over asking, 62 days to sellJFeb: 8 new listings a month, 33% sold over asking, 64 days to sellFMar: 12 new listings a month, 28% sold over asking, 69 days to sellMApr: 14 new listings a month, 35% sold over asking, 55 days to sellAMay: 17 new listings a month, 37% sold over asking, 50 days to sellMJun: 17 new listings a month, 43% sold over asking, 45 days to sellJJul: 17 new listings a month, 42% sold over asking, 44 days to sellJAug: 16 new listings a month, 40% sold over asking, 45 days to sellASep: 15 new listings a month, 39% sold over asking, 46 days to sellSOct: 15 new listings a month, 37% sold over asking, 53 days to sellONov: 13 new listings a month, 35% sold over asking, 54 days to sellNDec: 10 new listings a month, 32% sold over asking, 54 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Wisconsin

Somerset now2017–192021 peakWI now
Sold over askingShare of sales that closed above the list price22%35%50%35%
Gone within two weeksShare of homes under contract within 14 days42%42%54%44%
Price paid vs. askingAverage sale price ÷ list price99.5%99.8%102.2%99.2%
Days to sellMedian days from listing to contract42554353
Supply

23 homes for sale on a typical day

That’s 52% fewer than in 2017–19 and well under 2012’s 55.

2012: 55 for sale’122013: 46 for sale2014: 45 for sale2015: 42 for sale’152016: 49 for sale2017: 45 for sale2018: 45 for sale’182019: 51 for sale2020: 35 for sale2021: 36 for sale’212022: 50 for sale2023: 23 for sale2024: 25 for sale’242025: 27 for saleLast 12 months: 23 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 54025, which takes in Somerset and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Somerset home costs about $2,582 a month

Mortgage
Property tax
Insurance
Rent

Price: Somerset’s typical sale, last 12 months. Property tax at Somerset’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Somerset is affordable on local pay is on Cost of living.

Before you buy in Somerset

Six things worth knowing

17

New listings in May

The month with the most choice. January has the fewest, about 8.

Best time to buy
1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $428K home, about $4,190 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Somerset, from test results, graduation and how much students grow.

Schools in Somerset
30 min

Typical commute

The average one-way trip to work for people who live in Somerset.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Somerset sells for less a square foot; Stillwater, Oak Park Heights, Bayport and Scandia for far more

The busier markets within 25 miles of Somerset, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Stillwater274$449K$22743%26
New Richmond240$371K$20526%64
Somerset (ZIP 54025)144$428K$17222%42
Somerset94$407K$16722%45
Oak Park Heights47$394K$21624%45
Scandia43$658K$25830%57
Bayport35$499K$21748%28

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Somerset, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Somerset. People who follow the town see it, and so do people comparing Somerset with their own town. No commission, no listing fee.

Questions about buying a home in Somerset

What do homes sell for in Somerset, WI?

144 homes sold in the year to September 2026 at a typical $428K, $172 a square foot.

Is Somerset a buyer’s or seller’s market?

A seller’s market: 25 homes were for sale in September 2026 and 14 sold, about 1.8 months of supply. Buyers paid 99.5% of asking on average.

When is the best time to buy in Somerset?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Somerset?

About 1% of a home’s value a year. On a $428K home that’s near $4,190.

Where can I see homes for sale in Somerset?

Zillow, Redfin, Realtor.com and Homes.com all carry Somerset’s MLS listings; the search links above open each one filtered to Somerset.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 54025, which takes in Somerset and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).