Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Somerset County area can be challenging. Home prices in Somerset County are now at a median cost of $130,938, lower than the Maine average of $243,042.
The average cost of rent is $780/mo in Somerset County, primarily driven by the current value of real estate in the Somerset County area. While nearly 49.13% of residents own their homes outright in Somerset County, 21.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in Somerset County is $4,257 per month. Households that rent pay about 18.32% of their income on rent here. Somerset County's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the county.
Nearby Counties
- Franklin County, ME: higher priced homes
- Penobscot County, ME: higher priced homes
- Washington County, ME: equally priced homes
- Orleans County, VT: higher priced homes
- Franklin County, VT: higher priced homes
- Grand Isle County, VT: higher priced homes
- Clinton County, NY: higher priced homes
- Franklin County, NY: equally priced homes
- Montmorency County, MI: equally priced homes
- Oscoda County, MI: less expensive homes
Counties with Similar Populations
- Washington County, OH: higher priced homes
- Gila County, AZ: higher priced homes
- Wayne County, PA: higher priced homes
- Gordon County, GA: higher priced homes
- Grady County, OK: higher priced homes
- Waupaca County, WI: higher priced homes
- Watauga County, NC: higher priced homes
- Washington County, VT: higher priced homes
- Washington County, VA: higher priced homes
- Washington County, OK: higher priced homes
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