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 Size

Housing Units by Size
Studio Type1.40%
One Bedroom19.60%
Two Bedrooms29%
Three Bedrooms37%
Four Bedrooms9.90%
Five Bedrooms or more3.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1950
Median Value of occupied units$88,900
Median Price asked for vacant units$123,600

Rented Homes, Apartments and Condos

Average Household Size1.69
Median year structure was built1962
Median Monthly Rent asked for vacant units$301

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.90%
Home Equity Loan9.20%
Simple Mortgage40%
Debt Free44.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%