Somerset, PA Real Estate
According to census data in the year 2000 there were 3,309 housing units in Somerset.
This represents a 6.7% growth from 3,100 in 1990.
Of those housing units, 3,309 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Somerset is about 50.3%.
Somerset's vacancy rate, including seasonal lodging, is about 8.2%.
Average household size is 2.09 people.
The majority of houses, apartments or condos in Somerset were built after 1954.
|Housing Units by Size|
|Five Bedrooms or more||3.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.49|
|Median year structure was built||1950|
|Median Value of occupied units||$88,900|
|Median Price asked for vacant units||$123,600|
Rented Homes, Apartments and Condos
|Average Household Size||1.69|
|Median year structure was built||1962|
|Median Monthly Rent asked for vacant units||$301|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||9.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.7%|